ya know Tim, it's very possible SCON could eventually give back the majority of friday's gains... that's why i quickly sold 2/3 of my shares @ 6 and eventually dumped the rest... the fact that the rise in price was based solely on a newsletter rec is always suspect... there is no doubt that there was front-running before the rec was sent to subscribers,, on thursday it was kinda obvious something was up #msg-1750040 ... i mean, look at the volume that day before this "recommendation" was published... i don't want to call this a "pump-n-dump", but there's no doubt in my mind a certain amount of shares purchased before the "news" was released were sold into the strength the next day. The incredible volume is telling of a blow-off top, it may need some settling out, it could even fill that gap, back to 5.25. Or, like i said earlier 5.70 may be it, also depending on the overall market... a volatile little stock, not always easy to predict
with re to the overall market, IMTWO we are due for something more than a pullback to the 50ema,, that is getting too easy of a bounce to play... i think we're due for a test of the 100ema in the near future, but as long as the 50 holds, for now play it that way