Blue Biofuels Inc (BIOF)

[LTE]

Jimbob, what are you talking about?

The only thing that squeezed the stock above the 200 day moving
average was about 2,000 shares at the end of the day yesterday -
that's a small amount relative to the 100K + that were traded.

But to make things worse, it didn't hold that 200 DMA today.

And it looks like there could be a looming "death cross" where
the 50 DMA goes below the 200 DMA. That's NOT a good technical
sign. Maybe it's starting to match the fundamentals where there's
no money being raised for the plant in the 506 (c) offering, no
money coming in from Earth's Renewable Energy, the ColUmbia deal
is dormant, etc.?