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Re: Bobwill59 post# 11377

Monday, 12/28/2009 6:35:14 PM

Monday, December 28, 2009 6:35:14 PM

Post# of 35151
Under the right conditions...

Excellent news item, revenue releases, etc., the MMs and Hedgies have 2 options...

1. Try to hold the price down by continuing to naked short and fail-to-deliver, causing the price to not run up like it should; or
2. Cover with the news and not get into the hole any more than you are, sending the stock price skyrocketing in a short period of time.

I personally think some covering took place in the run up to .075, and then profit taking ensued on the way down, allowing them to cover more as it fell.

No PRs is a big thing here to some traders, and interest in the stock can be lost causing them (the traders) to dump their shares. The usual case is the MMs and Hedgies win this waiting game as people hate to have their money dead in the market.

The thing here is though...

Many, many people are holding because of the fundamentals associated with this pinksheet are strong, as well as contract potential revenue with MedAssets. It's not usually the case with this type of stock, and 99/100 times they win the game and we're out our hard earned money.

Personally, I think when it moves, it moves quickly. A perfect bullish pennant has formed in with this chart, and I think the potential here is incredible.

I'll leave the price estimations to those more knowledgeable than I.

GLTY

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