Monday, March 28, 2011

Crisis in Japan

So Japan's Fukushima Daichi nuclear plant reactors' suffered through a huge earthquake, a massive tsunami, had their cooling systems fail, a partial meltdown, and now their protective cement enclosure seems to have been compromised, potentially releasing harmful radiation into the water table...

However, out of the ashes has arisen a glimmer of hope...CLEVELAND BIOLABS INC! (NASDAQ: CBLI) Yes, they are back in the news and on a tear! And once again I've initiated a position in them. And once again it was at peak! haha. I can never win. I'm long on this one though, lots of press is good press when it comes to biotechs. Hopefully they can get a lot more when the U.S. military starts to help (and hopefully utilize the CBLB502 vaccine).

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