After  it cleared past pre-market highs ($2.38), I purchased 5,000 shares @ 2.50  and sold at $4.20. I was very surprised it blew past $4.00 after a lengthy fight at $3.00.  Using the 1min, 5 min & 15 minute charts it appears stock has a very bullish sentiment.  

Found $CBLI using TOS scanner   and verified market cap, float & % short., verified news using finviz, yahoo/google finance. And used my e*trade pro account with free trial on software 30 trades per quarter use etradepro for free.  

I was not overly impressed with news, however price action and volume signaled a good trade.  

http://nakedshortreport.com/index.php?index=CBLI     

$EYES   2000 buy 1.53      sell   2000  1.17  Loss -$ 720.00

I neglected to check my 5 min, 15 min, chart on this to see the indicator was showing a bearish chart pattern. To make things worst, I did not verify the product on the Second sight medical products companies website which in my opinion was not at all impressive.  Ignored price action, volume and candlestick patterns.  

 

Sometimes I do not understand why I don't cut losses quickly. If this pattern continues, I will seriously blow up this account.