Bear Raid is my theory, gonna give it a ride see where it goes. It spiked up fast in the AM, then dropped like a brick. Not sure if halt did that, or ...it halted 3x, was very very confusing.
Am thinking ...news leaked, price goes up, MM's drop it for bear raid, shorts start to cover, Panic selling or stop losses, yada, yada. Cats and Dogs falling from the sky.
No idea if I'm right. If it tanks, i'm in trouble cuz its not settled $. So will have to wait a few days.
If its approved and pops up hard, will try and sell some covered calls then at some point.
Bought 500 more...around $4.66
Sold CBLI for $5 gain :) to use $. Should have listened to myself and waited, so I wouldn't have to use unsettled cash.
Was planning on selling CBLI today anyway, and was looking to sell 1 or 2 others. Market has just been booming so much, can't see it continuing like this for much longer. Needs some days to chill.
These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.
