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mkt_predictor

03/09/09 4:01 PM

#1111 RE: Makamai #1110

Last couple runs to .02/.03 areas were purely chart plays that gained some momo along the way. Very typical for stocks that drop so much like IFRX did. Traders will flip it and then move onto the next stock. You can see that this move is very different from the other ones, we have a nice sustained move this time. I am expecting updates from the company very soon, and this was also confirmed by BK Gogia. Just a waiting game at this point, but I would rather be in the stock now than on the sidelines, especially if the updates coming out are good.