Fuse Science Inc (DROP)

[bgrass1]

Some Observations:

1) DROP could not hold the 200 day MA at 36 cents on two successive occasions. It fell back. Even those who believe in techincal analysis has to view this as a massive negative.

2) the fluff PR about some "skate boarder" - is this a sport(?)or is it deemed a sport by TV which is hungry for ratings- signing on to promote Enerjel was excuse enough for dumping several thousand shares yesterday, esp. late in the day causing the price to tank .....

3) The report about transdermal absorption was put together by a bunch of Chinese/Taiwanese trained scientists! who appear to run Genepharm.....which came into existence since 2000 but only list THREE contracts with unknown firms/ entities in all those years...Fly by night to describe GENEPHRM is on the mark....clearly the market feels the same way....notice the price action since the release of this supposed pathbreaking research

4) Still no PR touting the appearance of Enerjel in GNC stores...how can there be a PR if a major distribution center has never heard of Enerjel as of yesterday....delay here we come....teen bog pit here we come....

5) As predicted correctly by me yesterday, Tiger hanging on to the lead at the US OPEN is having ZERO positive impact on the pps, as many had predicted. Indeed exposure on TV and to the crowds at Olympic course of the boringly devised/conceived FUSE logo on Tiger's bag is as expected having zero impact. MY prediction which I stand by: Even if Tiger wins the impact on the pps will be ZERO! IN FACT a selloff is a likely possibility as people sell on the news!

6)This stock is dead money because investors are in the "show me the money" phase. No sales and all talk and fluff PR's about rosy future projections will not cut the mustard any more.....

7) Yes told you so will be my likely refrain on MOnday.....

I am worried...very worried...by what is transpiring here....as should be you....

Happy father's day...to one and all......

P.S. Shot my best round in years -77- on a reasonably difficult -6900 yard CC course yesterday.