Unigene Laboratories Inc (fka UGNEQ)

[imanjen13]

Nitetrak- My technical analysis friends agree with your charting as the stock almost filled the gap and looks like it as completed a small head and shoulders formation. Your wife should appreciate your handling of her money and maybe will reward you with her own form of T and A for your excellent TA. She probably will also appreciate your bottom fishing. The only caution here is that we are close t moving below the 50 day moving average. As for me, I continue to take profits from time to time and add at times like these in the hopes it is only short term weakness and the long term trend is up. While TA is fun and may sometimes be a self fulfilling prophesy when obvious supprt levels are reached such as the 3.50 level here, there is nothing like some good old fashoioned fundamental news to move a stock to a different level. I have heard rumors that some nice news will be coming soon. Be prepared for a gap up and hope Mrs. Nitetrak doesn't get angry if you don't buy back here shares on time. Remember the power of women is that they control 50% of the wealth in the world and 100% of the vagina. Good luck to you and the little missus.