Very little liquidity ... so someone wanting to sell a few for any issue is going to hurt.
What we have seen is it doesn't take much to have folks flocking into CDX ... it's on more radars than I thought.
So when good news drops, and we are here because we believe it will, the MC will rise very quickly
On Craig's interview we heard Andon submission is very close, a week by week decision.
Next catalyst ....
And then I imagine news on NASDAQ listing and major investor(s) ... watch out for that one.
Until these 2 bits of news come in the rest is the normal daily big moves on an illiquid stock.
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