There was a one-lot buyer of around 129,000 shares earlier......but now I see a one-lot seller of 189,000!
Lots of margin calls and portfolio selloffs on days like these so if it does hold its ground its a strong sign.
Although most of the sellers may have already sold given what occurred in CBZ this week!
Risk/Reward is actually a lot better now than at 68c, if you think a deal could be done. I for one believe we will see a deal of some sorts done. It may not be as generous as if the results were exceptional, but the drug clearly works, and is better than the current preferred drug. And CBio need a deal. They must close a deal.
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