Cel Sci Corporation (CVM)

[jamesnhansen]

Last trade of the day. What’s the significance?

Robot D:

I always assumed these big bumps at the close are MOC orders. “Market On Close.” You can add MOC to any buy or sell DAY limit order. For example, today you tried all afternoon to fill on a pullback to $18.56. It came close several times but you didn’t fill. But... you added MOC to your limit!! Why do this?

You HAD to buy the stock TODAY because you read about the BTI (Bleached Tape Indicator) on some bulletin board. Some guru (moron?) noted that two days of weak volume often precede positive P3 results. In the morning if the glorious news arrives, happy day! So, the MOC, thankfully got you in, just not at the price you wanted.

Tomorrow, if the news does not arrive, and the “masses” see that the BTI utterly failed and the inevitable crash in price starts you may want to enter a sell limit with MOC as CVM tries to fill the gap-down in the morning. You MUST get out TOMORROW before the Wall Street Journal, the Reddit mob, Federal Reserve, Cramer and the the daily Whitehouse briefing report on the extent of the BTI catastrophe tomorrow evening, over the weekend and Monday morning.

So the last trade of the day does reveal how, net, traders feel about not executing a trade before the market closes.

Cheers from the cabin hot tub in Oregon attempting to recover from two large buckets of balls launched yesterday attempting to learn Bryson deChambeau’s diving method.

Jim