CHTP for those that bought with me... but what do Management - 5 of 6 insiders are net buyers of major $$ worth of stock over past year
Current option chaing == JULY calls outnumber PUT contracts by 30-1 imbalance
float estimated at less than 25% of I/os shares
Short squeeze coming -- as of May 15th, Shorts need 6 days at current daily vol. to cover enough shares
People always ask me, what make a good stock pick? Why this one over that one?
Chart Analysis -- 10 Support levels formed below current price
- next resistance level at 2.55 == after that, it's going to breakout.
- tested 2.50 early this week -- close to second test. watch for break through $2.53ish -- then it's off to the races.
It's never one thing, or one reason -- it's a collection of check marks on the right side of the ledger -- Chealse Theraputics has almost all of my 'Look For' statements Covered. then it's off to the races my friends.
But what do I know...I'm just a basher.