Replies to post #2446 on Spencer Pharmaceutical (SPPH)

[awesome1_in_cc]

From a strickly trading point of view it is easy to understand the buyng today.

I watched Level II all day yesterday and there was a lot of intraday shorting and covering going during the day, which based on the news released yesterday it should not have been a surprise to anyone...

Today is most likely some covering, some bounce players looking for the quick flip from the 60% hair-cut of yesterday and maybe a little averaging down, IMHO..

Scam or no-scam, some people will make money on this..

GLTA