Michelex Corp (fka MLXO)

[VST7]

ecp1976; Check out this chart...


Do you know much about chart analysis?....
Look at this chart for MLXO, the Bollinger Bands are getting very tight, that usually means a change is about to happen either up or down, I doubt that it will be down, also the Slow STO is turning back up both are bullish signs In my opinion. Next week should be the start of an uptrend in my opinion, depending on what the 10K has to say, and what action MLXO is taking against the massive short position and whether it will be effective, this is a risky stock, but my odds are on the uptrend. This is a family owned and operated company, Tom G. told me that he and his family own most of the stock and they are very unhappy with the shorting that has been going on and they have a plan to remedy it, but he said he doesn't know how successful it will be. Time will tell.

http://stockcharts.com/def/servlet/SC.web?c=MLXO,uu[m,a]daclyiay[pd20,2!b200][vc60][iUb14!Lh14,3]&am...