Framework Journal · one stock, one dated entry

Recorded 2025-09-30 · Permanent

Cel-Sci Corp CVM

Clears the common standard

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · CEL-SCI Corporation, a clinical-stage biotechnology company, engages in the research and development to treat cancer and other diseases by using the immune system in the United States.

The label
Accumulation

read at $1.17

Cel-Sci Corp holds its Accumulation at $1.17.

PHINPOOPSC
  • PHPhase · the trend structure carries the Accumulation label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · screen not yet scored
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2025-09-30
PhaseAccumulation
Quantitative stateConsolidating, no directional conviction, held for 9 days
Price$1.17
ValuationN/A trailing · -1.27 forward price to earnings
Values screenNot scored · score 70.0
Beta0.65

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Forward P/E-1.3x
Profit margin0.0%
currently unprofitable
Return on equity-305.3%
not currently earning a positive return on equity
Debt to equity1.24
a meaningful debt load worth watching
Current ratio0.60
below 1 — short-term bills exceed liquid assets
Beta0.65
steadier than the market
Market cap$20M

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; as a biotechnology name, trial and regulatory outcomes can move it sharply either way.

Plain-English interpretation of our own screen data. Analysis, not advice.

Related securities · others in CVM's space worth a look

Screened names in the same industry · explore each on its own page.

The trader read · the latest dated commentary

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved up 8.3% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C. Technically it is sitting below its long-term trend line with momentum reading bullish. Over the past year the shares are down 50%. Our forward projection puts the odds of a 10% gain over the next month near 20%. Entered 2026-07-25 · Distribution

The dated journal · newest first, never edited

2026-07-25 Distribution $1.17 +8.3% Entry 4

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved up 8.3% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C. Technically it is sitting below its long-term trend line with momentum reading bullish. Over the past year the shares are down 50%. Our forward projection puts the odds of a 10% gain over the next month near 20%.

2026-07-18 Distribution $1.08 +0.0% Entry 3

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C. Technically it is sitting below its long-term trend line with momentum reading bullish. Over the past year the shares are down 50%. Our forward projection puts the odds of a 10% gain over the next month near 20%.

2026-07-03 Distribution $1.08 +0.0% Entry 2

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.

2026-07-02 Distribution $1.08 Entry 1

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $1.41 -14.9% · $851 -14.9%
2 months $4.07 -70.5% · $295 -70.5%
3 months $3.52 -65.9% · $341 -65.9%
6 months $6.48 -81.5% · $185 -81.5%
1 year $2.42 -50.4% · $496 -50.4%
2 years $38.40 -96.9% · $31 -96.9%
3 years $73.20 -98.4% · $16 -98.4%
5 years $666.30 -99.8% · $2 -99.8%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever CVM does next, these words stay.

Cel-Sci Corp · CVM · Accumulation · $1.17
Recorded 2025-09-30 · before the outcome · scored mechanically

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