Champions Oncology Inc (CSBR)

[imcloneer]

Fred,

"I would agree with you except for the fact that price swings with huge volumes do mean something. We have had historically high volume of shares traded for this stock in the past two days and yesterday all of the trades seem to have gone through on the asked side."


Do you really consider 69k shares huge volume? If your neighbor is finally listening to your advice and buying shares he could singlehandedly be the one raising the pps by 25%. Until the float increases and the price increases to where institutions can take a position and the stock can be traded I don't think you can apply normal market metrics to it. That is not to say that I don't think that the company's latest news is significant and signifies a move towards greater visibility and marketability.