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Foxwoods Man

04/28/17 11:01 AM

#11063 RE: PARker1703 #11061

Just my 2 cents:

1) If the company was dumping shares I would thing the share price would decrease as the 16+ million shares hit the market. I think it is just trading on the news

2) no clue but "by the end of the second quarter" for the arb



warfaretrader

04/28/17 11:09 AM

#11064 RE: PARker1703 #11061

I'm not saying they're going to dilute, just saying based on past timelines it's due soon, and they usually do it right after a nice move like this. If they don't than I fully expect cvm to test that $.18 again, I think we consolidate there for a bit though letting the 200ma move to around $.20 that's when I expect some news worthy enough to break through which will be a lot of overhead resistance.
Your second question on FDA or Arb, yes I think one of these or some other form of news will be release setting the stage.