Seven Arts Entertainment Inc (SAPX)

[Mesa8888]

Same Mood: Run away from this SCAM if no PR News (Company for sale or Merger) releasing !!!

Yesterday Huge Volume showed Naked short covering or Huge news coming soon.............IMO

1)SAPX financial problem that makes this struggling company for sale.............PR news in Dec. 2012

2)Buyer's deal settle down after three month .....IMO

3)Common shares buying back PR news (Aug. 2012)......After RS & new low pps (Company start to buy back cheap shares possibility)

4)Today huge volume continue: If pps pull back to red that shows dilution coming again.

5)Today huge volume again & pps 40% plus green gain that shows "buyout great news" or "Merger" PR news releasing soon !...IMO

I am still on the sideline (bought 20000 shares yesterday)..........This is a SCAM company and I may sell for lose or may get a lunch profit today !

Good Luck to all

MESA8888