Great Basin Scientific Inc. (fka GBSNQ)

[Lone Wolf]

I like the news...er...somewhat. I like the fact this is givin the longs their spike. Like I said a couple posts back, the trading was becoming 'interesting'...the selling had ceased. Looked like it was only shorters, then some big bids showed up. Locked in my gains.

Now...going forward...what I still dont like. This 95% gain is on paltry volume. Warning sign #1. Quarterly financials were YOY comparisons. If you look at Q over Q...not as impressive. Still going to have some trouble covering operational costs. Now I wasn't in this since Tuesday, so didn't bother listening to the call. What was the word on that? Did they comment on their plan to meet the listing requirements?

Trying to gauge when to go back to my trade here.

$GBSN- Enjoy the day longs!