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Cardica Inc. Message Board

  • clearstone72 clearstone72 Jun 26, 2013 3:56 PM Flag

    Pondering what is up with CRDC today... Possible announcement coming?

    Pretty big swings today with massive volume (relatively speaking). Was a big sell order in the beginning of the day and big buy orders toward the end.

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    • Could this some of the financing or stock offering at $1.05 that was still available? Very unsual for a trade this large to open the day and not drive the price higher. This leads me to believe Wedbush was selling some of the remaining shares to a large buyer. Perhaps this large buyer was also the one dropping the price with the low asks and tiny amounts to free shares up. Now we can move onward and upward!

      Sentiment: Strong Buy

 
CRDC
1.16+0.02(+1.75%)Jul 22 3:59 PMEDT

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