Ocata Therapeutics Inc fka OCAT

[crazzygrl]

One thing a 300+% rise in 1 day does is set off all kinds of alarms. Once the professionals (esp. the 'shorters') get wind of it then you can almost always predict what will happen. Add to it the fact that this is BOTH a biotech & and OB stock and you are REALLY inviting the shorts to come into feast. Then add to it all the press that they got (read: newbies buying in) and the fall from $2.30 should have been seen a mile away. That said, I know this and I got caught in the emotion and made the mistake of thinking 'maybe this is that 1 in a million'

Now shorts control this and they have to feel emboldened after that call. Amatuers may have thought it was great but trust me professionals short funds listening in were salivating.

Now the only question is at what point do these pros all cover and move on giving momentum back to longs.

Hard to hear if you bought at $2 but my guess is that point is somewhere in the .65-.85 range. I'll buy back in around there in hopes for a more orderly long term rise in the PPS. 300% seems neat but it actually can hurt a stock for those longs that are not very sophisticated. GLTA