Chinese companies recently going to IPO in US stock market are very hot again. I heard two companies PPS have jumped 50%+ In IPO first day. More companies will follow it to IPO In US Stock market. CBMG will be up listing to NASDAQ, this looks like Similar IPO. If Institutional investors are coming in to buy CBMG, the PPS could have big jump In the first up-listing day, because of very low float. After up listing, We could see forward split ( 1 for 2 or 1 for any), because off huge demand and only 2 mm float. Long share holders will get big gain finally. Good luck for 5 years holders.
50% up in one day? What is there 1 week outlook? I suspect most of that 50% disappeared or perhaps we will have to wait another month, what was the name of the 50% in one day IPO (I just need one unless you want to tell us the second one) so that we can watch and get excited like you or be brought to reality like the rest of us already are.
I want to believe but you are not the catalyst for that belief.