Cellectar Biosciences Inc.

Discussion in 'Stocks' started by David Malan, Nov 18, 2016.

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  1. Is Cellectar Biosciences Inc. Stock worth watching?

    Have been looking at this stock for some time now. I don't usually trade bio, but this one caught my attention. It broke last month high, but I am still betting on it not holding.
     
  2. vanzandt

    vanzandt

    Its a mega-short.
     
    MoreLeverage likes this.
  3. What do you mean by mega-short?
     
  4. vanzandt

    vanzandt

    If you don't know what that means, you might not to want get in this game.
    For real.
     
  5. The company is trading above its 50-day moving averages of 2.15 and up from 200-day moving averages of 2.60. The firm has price to book ratio of 1.28 so i think it is the best to opt for now
     
  6. Should I opt the stock for a long run or should I keep the stock for a short period and sell it
     
  7. For now i think choose it for short period and later on you may go for long period
     
  8. Since the beginning of the year, CLRB is trading down significantly from its 52-week high of $18.00 per share, closing at $1.77 during Thursday’s trading session
     
  9. Magna

    Magna Administrator

    Sorry guys, this is a penny stock and against policy to discuss. Here's the criteria as posted back in 2013. And for newer members here's the rules again as posted a few months ago.
     
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