SPO Networks Inc (SPOI)

[techtrade]

I'm starting to think this selling has little or nothing to do with the lawsuit. I don't know if the new court docs were online last Friday while the market was open, but evidence that the new years "rally" wasn't a coiled spring was already there on Friday (look at the stochastics). I said a week or two ago that it looked like HLNT was going to take a very gradual approach to moving higher. Well, it's done everything it can to maintain technical integrity while moving north as slow as possible. IMO this is going to gain traction soon enough, and will probably accelerate somewhat in the back half of the month.