ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

Very nice day. I hope its a trend we continue to see with SCRC.

Yes, yesterday was a nice day. But it was clear that there was some profit-taking today.

Keep everything in perspective, though, and ALWAYS look at the dollars traded and NOT the volume of shares. Remember, at these current .02-.03 price levels, 1M shares is equivalent to only 100-150k shares just a few months ago when the sp was at .20.

As I've stated previously, SCRC will move based heavily on technicals, and when the indicators point to stability, it won't take much of a catalyst -- be it real or simply perceived, such as a PR or a SEC filing or news article -- to move the sp, especially down at these historically low levels.

Currently, the technicals have slowly improved, with barchart now indicating SCRC as only a 16% Sell instead of the 80% Sell from just last week. And from a short-term perspective, of the 5 short-term indicators, 3 are Buys with only 1 Sell and 1 Hold.

And with 8.1M shares having traded here at the .02x levels, this represents the strongest base since we had appox 9.6M shares trade at the .08x levels. To take it in the proper context, consider that only approx 5.5M shares have traded in the .03x-.05x levels combined. In addition, the VWAP each day this week has been .025, .027, .028, .03, and .03 again today, so that is also a favorable trend to be keep an eye on. Next week will be very interesting as it will give us a strong indication of what direction the trend wants to go as this is the first time since the crash down from the .05 to the .02 levels that we have gone 5 days in a row w/o having the VWAP fall.

Let's cross our fingers that 8.1M shares at the .02x levels will indeed provide a strong enough base to build off of.

The VWAP of the 8M shares that traded in the .02x levels is approx .026, so keep that in mind. At .04, this will represent a 50% gain for the majority of the shares. Hopefully no more than half will be flipped with the other half holding for a bigger flip. With 2.3M shares sitting at the .03x levels, 4M shares of the .02x stock carrying over would combine with these to form another decent sized based of 6.3M shares to springboard up to the next leg.

If buying interest is strong, we will hit resistance but then continue the march up past .04 -- and although anything can happen, the odds are that we will get pushback until those flippers who are in line ahead of you with those .02x shares churn their shares over and allow a new higher base to be formed.

Just don't be the one left without a chair when the music stops -- you know JOEY Z and the CORE will be trampling over their own grandmothers to flip their shares before you do.

And to SCRC's officially endorsed homophobic criminal JOSEPH ZAMPETTI, who would like you to believe that everyone who buys SCRC is locking their shares away in a vault and that there are no shares priced to sell when the sp reaches .04, consider that the latest technical indicators state that 1st and 2nd level resistance is now set at .0386 and .0423 -- pretty evenly sandwiched around .04, so even the technical indicators are telling you that .04 is the sweet spot for sellers.

GLTA...