where to next for share price?

It's very interesting to see large lines of the stock being soaked up at higher and higher prices without any major pullbacks. Sure, it could just be the proverbial 're-rating', but why only now?

I get the strong feeling that one of two things could have happened. Either some influential broker has started to push the stock to their clients, or there is some major event in the offing that has not even been rumoured yet. The only thing I can think of that would unrelentingly push the stock higher and higher is a takeover coming at a predetermined price that some people know about, so they know it's currently a 'can't lose' proposition.

By way of disclosure, I sold out today as I think that unless one of those two things is correct they must pull back soon after rising well over a hundred percent so quickly. I've kept my sentiment as 'hold' though, because although I sold, it's more for strategic reasons (I bought most of mine at 2.5c) than any belief that neither of those two possibilities is correct. I actually think it's very likely it is something tangible and they may go higher.

I just caution any new buyers to be careful and use gambling money only at this point. Unless there is a takeover coming the stock must consolidate at some point, especially when the market has been so strong recently despite the woes in Europe, the Middle East, Japan and still the US.

I had to battle my own euphoria today to sell them, but just remember that things can change very quickly. My Viralytics that I bought for 2.6c ran to 12c last year and I didn't sell, and now they're back at 5.1c. I genuinely believe in Calzada and maybe they'll hit 15c on Monday, but watch out, pullbacks are the norm in these kind of stocks and a few bad days for the All Ords could present a good trading opportunity.

Good luck to all holders. I hope to be back in at some point, but if the train has permanently left the station I don't begrudge the long termers (especially Metabolic holders) whatever you make, one little bit.