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Re: king oil post# 4296

Monday, 03/29/2010 11:47:54 AM

Monday, March 29, 2010 11:47:54 AM

Post# of 8316
Well, www.streetinsider.com released an alert on us today:

http://www.streetinsider.com/Special+Reports/Morning+Movers+329:+OXBT,+MRNA,+BELM,+SYUT,+BMY,+KID+Higher%3B+PEIX,+ABIO,+AIB,+ORCT+Lower/5476937.html

This volume seems very strong based on the news of a new formulation of the skin care product. I think it may have to do with Stern´s comment that (paraphrased) "The test marketing was successful". Again, I don´t know the scope of the entire test market, but this is excellent momentum nonetheless.

I wouldn´t be surprised if there´s other news in the pipe line. As in the past, it seems a few folks get the word before the rest of us.

Also, some with short positions may be getting the jitters and bailing out...
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