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Can You Count on This Popular Reddit Cancer-Treatment Stock?

Zhiyuan Sun, The Motley Fool
·6-min read
Can You Count on This Popular Reddit Cancer-Treatment Stock?

Over the past year, shares of CEL-SCI (NYSEMKT: CVM), one of the most shorted companies in the biotech industry, have gone up 70% as the Reddit community r/WallStreetBets began speculating about its potential to launch a new head and neck cancer treatment. There is even a website called killcvmshorts.com with step-by-step instructions on orchestrating a squeeze against those betting on CEL-SCI's failure. At the same, Geert Kersten, the company's CEO, has been engaging in verbal showdowns with those who dare to criticize CEL-SCI's technology on Twitter.

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