CLPA Short squeeze
People could I refer you to these posts for background:
techstocks.com ragingbull.com
The first of the news items broke last monday, more news of major joint testing deals with big pharma's is anticipated within days. The shorts are starting to hurt big time, we ran up from 9 to 18 then pulled back, now at $15 and have levelled off VERY quick, looking for resumed upwards pressure today. From the trading that has occurred over the last few days we believe the short position may actually have increased further!!!!
IMHO The next news release will break this short position completely and when it does we are looking at a $30+ position easily. From THAT position the FDA approval is expected late january early february, and when THAT comes the sky is the limit. There is a VERY knowledgable thread on RagingBull of top level scientists, some involved with the FDA, they are ALL convinced this drug works and will be passed by the FDA and that once passed will be used massivly off label. People are starting to call this a $1000 stock with good reason, their compounds have been proven to induce programmed cell death in every type of cancer tested so far in vitro (and they have tested many) has very low toxicity and leaves healthy cells alone.
Their next generation of these compounds (going through phase 2b planning/testing now) are even more refined and powerfull, if they perform as expected, the big 'C' is going to become a little 'c' in our childrens vocabulary.
I know I started this post pointing out a short squeeze, but IMHO I have NEVER seen a stock so worthwhile an investment, combined with the short squeeze it's a wet dream come true, and I will state publicly now I have ALL my investment portfolio in the company, I believe in it THAT much. regards
kh |