Cord Blood America Inc. (OTCBB: CBAI) is up 45.45% today, trading at $0.008. This upward move has occurred on absolutely incredible volume of nearly 1 billion shares! Just a few days ago – on September 25th, QualityStocks highlighted the company in its daily newsletter when the stock was trading for only $0.0031 per share. Cord Blood America is already up 150% in a few short days.
The surge in the company’s stock price followed not only the mention by the QualityStocks newsletter, but also recent news from Cord Blood America – a company which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. The company reported that it is on schedule to complete the construction of its new Las Vegas laboratory by the first week of October. This lab will be perhaps one of the largest cryogenic storage labs in the US.
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