Chembio Diagnostics Inc (CEMI)

[rayank]

More volume is needed to sustain the 600% run we have had in 6 weeks, but the volume has been light lately.
Maybe not much selling, but also not much buying?
Be careful and set stops is my opinion and what I have done.
Don't be afraid to take gains.
I doubt anything major is coming as a catalyst in the near term.
The replies I got from my emails to the company left me a bit unsatisfied. No FDA "approval" I guess as it was never mentioned.
As the cases slow, the emergency that we are authorized to test in is getting less and less, and when no emergency, no authorization.
Good luck but stay cautious.
And stay safe.