Mar. 20 at 11:56 PM
$CDIO This rate officially went into effect on January 1, 2026. Think about this from the perspective of a bear paying a 233% borrow fee:
They shorted CDIO thinking it was just a tiny, cash-burning biotech company with a "science project."
Suddenly, CDIO has an official, government-backed
$854 reimbursement rate for tests that cost them almost nothing to run (which is why they boast near 100% gross margins).
If CDIO scales this up and runs just 10,000 tests, that's over
$8.5 Million in pure revenue for a company whose entire market cap is currently only around
$6.8 Million. The math is terrifying for a short seller.