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Re: Psionic Trader post# 2749

Thursday, 03/06/2014 11:11:09 AM

Thursday, March 06, 2014 11:11:09 AM

Post# of 3141
$LJPC Agree. I like the way its reacted so far today. Not complete meltdown like the last pop.

A couple of factors at play this time:
1) The last drop was likely started by shorting and selling preferred shares (see 8k). See regsho, 500k shares shorted the 26th and 27th. Not as likely to short with results coming Monday.

2) Results presented orally at a conference they just signed up for. They wouldnt do this if results were bad, they would PR them.

3) Yet another reputable analyst comes out with high target....adds credibility to the others and this company, which lets be honest, doesnt have a strong past in name.

4) As previously posted, p < 0.1 will be hard to miss and is the reason for the high analyst targets.

ALL IMO.....do your own DD, AND GOOD LUCK!!
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