MedClean Technologies, Inc.(fka MCLN)

[pennytradex]

Sold half my position. Great company, dilution stock.

Stock is now in slow bleed mode. Downward pressure from:

Those who got in sub penny are going to want to sell at least half to lock in those profits.

Position Day Traders that got in under 3 cents will want to lock in profits.

Company and/or it's assigns selling shares into the market, diluting the share base.

Company officers selling shares into the share base, nice Xmas bonus.

Short funds naked shorting into the stock, thereby adding to the dilution.

These are all valid reasons why this stock is going to have a tough time moving up from here. More likely it will retest the 2.5 cent level before moving higher.

Not a basher, just being realistic. I would love for a company to offer a buyout on the stock for $1 or more. Nice profit for me since I still have around half my shares.

GLTA