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MELA Sciences, Inc. Message Board

  • nadersralph nadersralph Dec 27, 2012 3:47 PM Flag

    Can this go Green ?

    It jas been down for a long time. I canno't remember a green day with the past 2 weeks? Why is it? Is it that some shorts are playing it down? We need some good news to break this Cycle .

    Sentiment: Buy

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    • IMO People are selling winners going into year end and need losses to cover gains, MELA is filling that bill nicely this year. Since volume is up it will be interesting to see the short position at year end. If its not up then someone/thing has been establishing a position. There are many opinions but I believe this is whats happening as this fiscal cliff, DC noise is rattling things big time and people are raising some cash. The first 90 days of the new year will be interesting .............

      • 2 Replies to dwoods4q
      • "IMO People are selling winners going into year end and need losses to cover gains, MELA is filling that bill nicely this year. Since volume is up it will be interesting to see the short position at year end."

        Seems like it would be better to hang onto the losers until next year with Obama-Tax kicking in on the other hand, shorts should think twice about taking their profits and running with only two trading days remaining.

        Tripple the avg volume and only a three cent drop, somethings up.

      • sandale111@bellsouth.net sandale111 Dec 27, 2012 4:25 PM Flag

        "IMO People are selling winners going into year end and need losses to cover gains, MELA is filling that bill nicely this year"

        Even *I* have to admit that mela is good at giving people losses.

 
MELA
2.48-0.04(-1.59%)Jul 25 4:00 PMEDT

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