Replies to post #29825 on Ocata Therapeutics Inc fka OCAT

[farviewhill]

NODOPE, my take is that we're at support and will trade at this level until new developments (pr's) change that to an upward bias.
A big factor for stability re: traders, end hedge types, is the change, effective today in short and naked short trading, which, imo, is a big positive for stability in pennys.

[elysse1kittycat]

It looks like your analysis is spot on as at least for short term, as the stock is gradually gravitating back to .17.
Incidentallty once again the trend analysis I have been posting remains the same at -70.
I think it is obvious to all at this point that only some kind of new good news will break the slow current short term downtrend.

[elysse1kittycat]

When you say collapse, to what level do you think the stock price might go?

[advancedcell]

I agree...we need some sort of update on the effectiveness of the trials...i rode this from .07 to .26 and bailed and im hoping to pick up around .15...alot of bio tech companies come from nothing and trade in the dollars...if you look at jazz pharmaceuticals which was one of the best performing stocks in the past year it went from .60 to 25.00 a share in about a year and a half...im only hoping for at least 5.00 is that too much to ask? haha