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MELA Sciences, Inc. Message Board

  • dwoods4q dwoods4q Nov 4, 2011 11:19 AM Flag

    If your cost basis is <$3 TAKE SOME $

    What we are experiencing is smart people locking in some profits after a big run up from the $2 range and short sellers taking advantage of the selling by amplifing the effect. Being that there is a small float the effects can be dramatic both on the up side as well as the downside which we are presently seeing. Watch for the updraft when the shorts get wise thAT the profit taking is nearly over, which could be today or next week. IMHO

1.950.00(0.00%)Oct 24 3:59 PMEDT

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