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MELA Sciences, Inc. Message Board

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  • dwoods4q dwoods4q Aug 16, 2012 1:59 PM Flag

    Glued To 3.40

    The company has stated their position hence we can expect no PR from them thru this intial phase. Seems we need an external catalyst. If a top analyst or firm were to get behind MELA it would have multiple effects, one being motivation for the shorts to start to unwind 23+% position, etc.etc

    They seem to be contend to wait for MELA to sell shares thru Cowen even thu thats not nearly enough to cover outstanding.

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