CBAY - Readying For The Next Run

Last Friday after the market close the new CEO released two Form 4's totalling over a billion shares of insider purchases. Could the same thing happen again after the close today?

In total the new CEO owns 1.9 billion shares of CBAY stock and a CEO buying back shares of his own stock is usually a great sign - especially for a stock trading at $.0001.

It will be curious to see what happens from here, but for now CBAY still has the makings of a huge sub-penny play for the fall.

"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"- Peter Lynch