You are making a faulty argument - you argue from the general to the specific. The idea that Stem Cell Research holds great promise and is a positive thing (the General) does not necessarily flow down to mean that any company (such as CBAI)that is in the stem cell sector will benefit (The Specific). For every GM there were many failed automobile companies.
You make even a further mistake in including CBAI in the 'embryonic stem cell' industry. If you do a little DD you'll learn that they actually have nothing to do with embryonic stem cell research.
You can feel as warm and fuzzy as you want about stem cells and the future - it has little bearing upon the success of CBAI esp. given the fact that it is essentially nothing more than a major dilution machine to benefit the CEO, his wife and daughter.
When CBAI is back in sub-penny range a week from now - maybe this will become clear.
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