MultiCell Technologies Inc (MCET)

[slatdog41]

I'm brand spanking new to investing(got in Wednesday, unfortunately at .0050, but I'm in and still expecting to turn some decent profit), but I did some research into how the market works, etc...
IMO, I don't think this is a P&D. There hasn't been any real news from much of anyone since December, except a financing PR on Feb 13th. The financing itself shouldn't cause this much of an increase in volume sustained over the week. There definitely is some news coming, for sure the 10K coming out by the end of the month(shouldn't be anything real crazy), and maybe(hopefully) some news concerning FDA approval(s) for their drug pipelines. Also, the classic P&D has a super surge upward then tailing off into oblivion. Wed and Thurs saw a dip in pps(as did a lot of stocks), but it never got to previous lows and a strong support level was shown in the low .003's. That, plus the fact tech analysis shows bullish signs with the 50 and 200 moving averages ticking upwards from what used to be a downtrend indicates to me that this could be running upwards soon. One last thing, yes there are some over-exuberant cheerleaders here, but that's to be expected for those holding long positions. IMO