I would watch 8.91 to 8.85 area, it was challenged pretty well there a few days back and then watch the 8.50 to 8.65 area after that. The thing about CLDX is it likes to form long term bases and I have said this a million times you have to keep a 1 dollar to 1.25 cent price basis in your buying. We could see the mid 8's but I would be surprised but long term meaning even this year it should be more in the 12 to 15 range. The volume is a very low float stock so you have to wait for the dust to settle on both sides before you have a clear picture, longterm this is dirt cheal but like many I would not mind it to just settle in because unless there is short approval this going to be a long term haul and knowledgable investors like to take their time and accumulate. This stock is or could be down payments on houses, or colleges tuition I would rather watch it get what it deserves.
I could not agree more with all of the above. I was thinking exactly the same thing. For now, whatever market does, and I mean now very short term, 10.00 is a wall, independent of today's sell off. Once the 8.50 - 8.65 is no longer a concern, we accumulate very strongly between 9.00 - 10+
10 -12 the real next leg up will be contingent upon CC, in part, accelerate or slightly delay. Once any partnership news hits and/or FDA indicators we are 12-15.00 solid, very, very solid