Viropro, Inc. (VPRO)

[Hacktheripper]

Its really a volume based trading now. I am certain the MM's know the volitility of VPRO. So they may short, however it would be a quick short and cover. Much like todays trades. Bouncing it with big spreads.

Personally, the next two trading sessions should determine the direction of VPRO. If you look at VPRO's chart, the MACD is either going to fully cross down, or bounce.

IMHO without news, we will see continued decline in PPS and consolidation on the 50day currently .0406. After a period of consolidation, if there is no news and no volume, a person can reasonably expect the 200 (Currently .0231) day to be the next target price.

http://stockcharts.com/c-sc/sc?s=VPRO&p=D&b=5&g=0&i=t41187789525&r=654

I am hoping for a setup like like the long hammer on Feb 10, Another day of consolidation, then a pop in PPS the following Monday. This is the brightest outlook I can put on VPRO at this time.

Remember, VPRO has not filed the 10-k and is late. Bio startup companies are notorious for having HUGE development costs in the begining.