Stocks to Watch for October 01, 2013
Cardium Therapeutics Inc (NYSEMKT:CXM) - Heavy accumulation
Started by
Costa
, Oct 01 2013 12:34 AM
1 reply to this topic
#1
Costa
-
- Traders-Talk User
- 660 posts
Member
Posted 01 October 2013 - 12:34 AM
is a low volume small cap that may be poised to move higher. This was a $2 stock in May and at $1.09, in my honest opinion, there is a compelling risk / reward scenario. Look at the two big volume days, that's serious accumulation. CXM is starting to impress and should be one to watch going forward.
Stocks to Watch for October 01, 2013
Stocks to Watch for October 01, 2013
Costa
AC Investor Blog Keep up to date by subscribing AC Investor Blog newsletter or RSS feed. You may wish to also follow me on Twitter.
AC Investor Blog Keep up to date by subscribing AC Investor Blog newsletter or RSS feed. You may wish to also follow me on Twitter.
#2
dasein
-
- Traders-Talk User
- 7,696 posts
Member
Posted 01 October 2013 - 01:31 PM
Hi Costa,
looks like a nice increase from a long base, but scary - their burn rate (neg income) is almost 20% more than their market cap - is there some anticipated ''good news'' coming up?
best,
klh
klh
