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Cleveland BioLabs, Inc. Message Board

  • cats44ever cats44ever Feb 26, 2013 11:18 AM Flag

    Option Market as "magic 8 ball"

    Huge 1000 contract bid on the July $2.50 calls showed up late yesterday afternoon & is still there this morning. True, it's only at 15 cents but there's no bid at all on the April $2.50 calls & they expire the exact day after the 180 day response period 'deadline' (from oct 18). The July bid's much too big to be placed by a market maker so somebody's making a statement that there's a high probability that Barda (the spark that will send this stock north of $2.50) will need some minor additional clarification from Biolabs by mid april, a satisfactory response will be given within the following 2 1/2 months & funding announced immediately after......comfortably before the July 19 expiration date.

    Sentiment: Buy

 
CBLI
2.29-0.12(-4.98%)Apr 29 3:57 PMEDT