Lawsuit via BARNA, soon to be issued starting April 9th, claims that $CALI has 35x times the current assets NOT kept with the company.
If the lawsuit wins there's a potential upside that $CALI goes to $102's / $103's per share.
If there's a settlement, then say 50% of this, then $CALI is in $50's
EITHER WAY, it's up.
And from 2016 --> 2018, $PT goes up yet...
Moving in Stop Loss @$11.00 and slowly moving it up $0.25 cents as drama continues
Global Soap Opera
Can't say "Long" "Neutral" or "Short" because TVIX has a NATURAL decay built into its algo vs. $SPY reactions.