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MELA Sciences, Inc. Message Board

  • dwoods4q dwoods4q Feb 1, 2013 10:46 AM Flag

    MARKET CAP UNDER $55 MILLION

    I can't make a case any longer for going long MELA until management or their marketing /financial people come into the 21 century. What I really do not understand is why the shorts do not close out their positions. Even if MELA doesn't hit their stated targets its worth many times/multiple its present pps of $1.7 aprx to any number of companies that are flush with cash,have ready sales and marketing teams, in need of revenue growth, etc etc... IMO MELA management having sold stock in the last quarter is now not in a position to fight a take over, friendly or hostile. A secondary will not be at much less than current pps. and bankruptcy is hardly likely in the next few years. Time to close out short position and move to greener pastures IMO.

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MELA
1.86-0.03(-1.59%)Sep 19 4:00 PMEDT

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