RedHotStocks

$CVM Reversal trade in Cel-Sci Corp.

Long
AMEX:CVM   Cel-Sci Corporation
The rising trend-line remains strong and volume is promising. There looks to be a very nice reversal trade opportunity setting up and the bollinger bands signal a sizable move.
Very high short interest at 20% which could help fuel a rally.
Company profile
CEL-SCI Corp. is a biotechnology company, which engages in the research, development, and manufacture of investigational immunotherapy products for the treatment of cancer and infectious diseases. Its product pipeline includes Multikine and Ligand Epitope Presentation System (LEAPS). Multikine is an investigational immunotherapy for the potential treatment of head and neck cancers. LEAPS is categorized into LEAPS-H1N1-DC, a product candidate for the treatment of pandemic influenza for hospitalized patients; and CEL-2000 and CEL-4000 which are vaccine candidates for the treatment of rheumatoid arthritis. The company was founded by Maximilian de Clara on March 22, 1983 and is headquartered in Vienna, VA.

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