Seneca Biopharma Inc fka SNCA

[THisKIRK]

NOTE TO ALL INVESTORS

I would like to put my analysis on this stock and try to be as humble and honest as possible to help investors decide to take early profits or to cut future losses. Without even reading any news or any form of information other than today's chart 1min formatted and a daily 100day chart seem like a good pick. Today's chart looks promising open at $1.00 a share and rose up to $1.96 a share. That's a 96% move on an AMEX stock not a Pink Sheet or OBT pump and dump. However as I read about today's 7 million share offer of $1.00 a share and a spiked to 1.96 and oddly enough a lot of short orders where placed in the $1.58 to $1.80 range by looking at the volume in those prices it's really sicken me to see investors with hard earned money lose large capital playing a lose lose situation. Wouldn't you think why stop at $1.96 why not $2.45 at least on its average price from 9months back. Yes I do agree the stock has strong buyers and won't allow the price to drop even below $1.00 but look at the chart. The last 3.5months this stock has been trading below the $0.90 cent and the average price in those 3.5month is technically $0.93 a share not counting the large dip to its $0.50 range. We as investors have to ask ourself what was the sudden drop for? Nothing major happen to the company and for crying sake, this is a Stem Cell developmental company that actually save lives no stock would drop 60% of its value in just 2days this is a health company not a tech one. IMO theirs a group of insiders shorting this stock to its grave. I would not want to touch this stock until we hear solid news on what the $7 million was reinvested on. Look at the charts CUR struggle to hold its price and was free falling the last 125mins from its high and only stop bleeding until the closing bell. The next 5mins of after hours got interesting. A large order of 100's shares were being placed at $1.35 ending at $1.38 (these are shorts being placed) moments later at 4:53pm EST massive sell offs blocks of 10k's and 22k's shares a total of 73k shares were being dumped now CUR last trade is $1.25. IMO this stock was extremely over brought and will gap down before the bell to around $1.11-1.15. Probably closing @ $1.03 before the weekend. Just be aware if the stock drops below $1.00 see a sharp sell off to the high 80's. Other than that I would like to leave on a good note; tomorrow is Friday and the weekend is coming. Time to have some fun and start over again on Monday. :)

Happy trading to all.