Is Cleveland BioLabs Ready to Move Higher?
M.E. Garza submits:
Yesterday, we alerted our subscribers to Cleveland BioLabs, Inc. (CBLI). The company announced earlier this week that it will hold a press conference today and while the stock has already seen some gains, it may be poised to move higher.
Cleveland BioLabs’ stock has already seen some gains during the last two trading sessions, but I wanted to put it on everyone’s watch list because after the company hosts it’s Press Conference on Radiation Countermeasure Developments for National Security and Oncologic Safety today (February 24, 2010) at 12:30 pm EST in New York, there is a feeling among analysts that the stock may begin trading at higher levels in the days and weeks ahead.
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