Herborium Group Inc (HBRM)

[syoking1]

Today's trading was very weird. the fact that it held up above .01 was a great sign and that is why it rocketed over .016. The profit taking in the end of the day was gonna happen. the fact that the bounce never occurred to me is a bad sign. If you notice it tried many times to bounce but in the end the sellers won because someone was determined to sell his shares. I'm afraid we might see a gap down tomorrow and a red day tomorrow but i I think it probably will trade sideways most of the day (I hope I'm wrong). This stock is still way overbought. The only way we see a green day tomorrow if big players are willing to play this. The one good thing for us is that we have news pending on April 6th. This stock should go higher based on that alone but remember this has ran from .002 so traders might be hesitant. Regardless i'm holding on to my shares till the news comes. Also remember if we have a merger or buyout the stock can easily go above the buyout price because unlike people are saying now the float will actually be locked up.