I485
Jan 5, 2014 9:37 AM
CBMX is on strong watch list tomorrow. Longwood Capital Partners acquired a 5.1% stake in the microcap molecular diagnostics company, filing came after hours on Friday and stock jumped +12% in moderate volume.
Longwood capital invests in biotech companies so they should have done solid DD on this one and bought half million shares. Also, there's a pretty good short percentage in this stock and the float is not that big. NASDAQ showed CBMX on reg sho list so this could trigger short squeeze also.
on watch: CBMX