Another typical CBI day....Sector UP (despite having valuation 2X those of CBI), CBI DEAD!
CEO gets dumped, CBI stock would spike 20%.
Don't hold your breath.
Get it yet?
There is no news out there that will get this stock to trade in line with sector valuations.
CBI is a manipulated value trap.
One day it will move up big but that day will not happen while the current management team is still in place.
Classic "merger" to grab every last penny before the lawsuits hit.
The street is not fooled, only under water pumpers pushing the sham.
HOLD and LOSE IT ALL.
Classic "find the bigger sucker" last gasp cash grab before it all goes to ZERO!
Seen it a 100 times before with FAILED PENNY STOCK BIOTECH SHAM's.
Hold and lose it all.
85+ MILLION more shares to be issued.
Stock is worthless.
"Celladon is expected to issue approximately 85.0 million new shares of its common stock"