Replies to post #805 on Cellectar Biosciences Inc (CLRB)

[filipbgd]

http://www.sec.gov/Archives/edgar/data/1279704/000114420410009604/v175322_424b3.htm

12M new shares

http://www.sec.gov/Archives/edgar/data/1279704/000114420410009606/v175323_424b3.htm

19m new shares

so u have 31m new shares is -50% dilution in stock price plus bad news-30%=-80%

Say price was $1.40 -80%= .28


So anything under .28 is a buy

Sorry guys but this will trade around .23-.30 in 2010 if some good news come price should be +30%


So I cannot c .50-.60 like some predicted

[leoncio1]

re: "you mentioned on Yahoo board that they're no more shares to short, please explain. I'm not sure I'm seeing what you're seeing".

---> No I didnt mention anything on Yahoo, I dont post over there sorry..

[filipbgd]

Sorry that was only my calculation I mite be wrong.....

When I did say no more shares to short,I mean they r all covered those 700k block was short covering........


Monday should open green!!!!


I m sorry about u longs but I m here only for trade and possible bounce I will be out next week.


If u like FDA play Check CXM 501k pending.....



Sorry about my english