CLDX ($3.79) is currently on watch here. Message in reply to: CLDX - minimal downside risk from current levels. Took a hit on the recent financing news, but the selling seems to be slowing a bit. Holding the high $3's. May see $3.50 before a reversal. Short interest is 15% of the float. Minimal upside for the shorts. Wouldn't be surprised to see some covering at these levels.