CEL-SCI Corp. (AMEX: CVM) has gone absolutely bonkers today on exponential trading volume because of its fairly small market cap, a huge share float, a low share price… and swine flu or H1N1 news….. We have the details on the full news over at BioHealthInvestor.com, but it gets really hard to not throw up a red flag here with a caveat emptor or surgeon general warning for traders. As of 1:32 PM EST we have now seen 48 million shares trade hands and this one is up 77% at $1.63. It also hit a new 52-week high today of $1.82, yet its 52-week low is all the way down at $0.14. This company has been around forever back before 1995, and it has never regained its share prices from way back in the day…. Whether this one can rise further or not, you might as well put it on your new active trader alert for small cap and low-priced stocks. Once you see volume of that magnitude, it is usually quite some time before you see ‘average volume’ again….   -JON OGG
Tuesday, September 15, 2009
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