Celsion Corporation (CLSN)

[kris_kade]

Looking at the blocks that went buy, I bet there was lot of short covering prior to the news. I don't think any of those were big instituional buys as they can afford to wait until the results are out. If they did not load up at 2's why should they do now...the investment thesis has not changed since then.

The good news is shorts having coverd mostly, they are as panicked as longs are who lost their shares thru stop losses. First it's stupid to put a stop loss on a biotech waiting for a binary news. The stock will be halted for news and upon resume, it will either open several points lower or higher.

The odds of positive news is > 80% and probably higher with CFO reiterating recently both timeline and the brief comment on fundementals being strong. GLTA