Hot Penny Stock CLSP Could Be Worth $7 Per Share
Posted on November 15, 2010 by Editor | Penny Stock Express Blog
This past Friday James Altucher wrote about Callistro Pharmaceuticals OTCBB: CLSP which had a previous close of $.56 cents a share. At the open, shares erupted with a gap and run closing the day up 64% on an extraordinary 2,105,890 shares traded in comparison to the 60 day average of 56,178.
Altucher called this the best and clearest BioTech arbitrage opportunity right now. His short term projection of $1.20 a share still leaves us with an immediate return of 30% while his long term estimates bring us closer to over 660% from today’s prices. Indeed this is an opportunity for anyone here who is looking for a long term opportunity that could turn a few thousand dollars into twenty thousand.
