A trade alert by a promoter called Penny omega was issued on Cord Blood America Inc. (OTC:CBAI) today.
The promoter issued a newsletter containing a watch list for Friday with the ticker symbol of Cord Blood America Inc. without being paid for the service.
Penny Omega points to the last price surge of the company’s stock and the increased trading volume.
CBAI finished the last session 25% higher at $0.06. The total volume generated for the day went over 4.4 million shares.
Additionally, FINRA indicates there were 2.2 million shares in the short volume for November 17, 2011.
CBAI continues to climb up after a short correction period. Yesterday’s close was actually a new 
two-month high for the company.
The stock surge yesterday was stimulated by a press release published on the OTC Markets bulletin board which announced that the Depository Trust and Clearing Corp. had removed the “chill” announced in Dec. 2010.
