Medican Enterprises Inc (MDCN)

[investorpaul]

The shorts will attempt to bring it that low bcus for them it's all about borrowing shares to sell high, or, frankly, at any price. That's why they cleared out the bid today- they were dumping shares into the bid until others who got scared began increasing sells even more into the bid... And so this is why we are at the 50ma on the 15min chart. They will attempt to bring it to the 100ma bcus they will want to test where the big buyers are going to step in and defend their position, or where ppl want to add a new position... This is where they will most likely cover (buy back the shares that they borrowed to sell). The fact that today's short % is 40% tells you this. They shorted quite heavily. When they buy back, be prepared for round 2. This will not go to the moon, unless the moon is located at the 50ma on the weekly chart, at near $.07.. Well then, yes, I believe it will go to the moon. Strictly a game with shorters who are playing both sides of the fence; Act accordingly. When they sell, you either wait to add to your position when they have bought back, or just simply let them set the stage for the next round of fireworks. It will happen. I'm a millionaire bcus I know how this happens and I act accordingly.