Positron Corporation (POSC)

[kingofzamunda1]

Chart this morning shows POSC way over-bought. In fact, all signs point to a decrease in share price. I will be watching for it to drop back below 0.01 and possibly lower. No big sales or profits will be realized for a long time....certainly not in the next 2 or 3 quarters. Unless there are a lot of new, long term investors, 90% of the people that bought into the rally are daytraders...thus they will sell their shares soon when the price doesn't go any higher. We've seen it so many times.

The only thing that will cause this to move up would be SIGNIFICANT, SOLID news. But I don't see much chance of that happening in the nearterm. But I will be watching closely.