If you've been watching or enjoying NNVC climb, this may well be the next one like it......
BCLI 0.755 +0.055 (+7.86%) 0.76 0.79 20,500 ... Both the B & A are both coming back up, ..this was at $1+ recently. The skinny is that there's a buy-out negotiation that is basically completed and that will 'close' once the price is back up over a buck - where the bank can accept share as collateral. Buy-out price should be $4+.
Some guy on the BofD got a Margin Call that wiped out his BCLI holdings (..then some big 'weak-knee' sold also..) a few weeks ago and took the price down. That is what's holding up the deal. Buying has started to come back in quietly the last few days.