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Biotech / Medical : GNBT Generex -- Ignore unavailable to you. Want to Upgrade?

To: MJ who wrote (170)	3/27/2006 11:32:35 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 310

QMCI.. Wouldn't touch it because there little liquidity and it's not indicating any longer term uptrend. But I know nothing about the stock, so something event related could make a difference to the chart. But there are few secrets on the street (except from the public) and volume would indicate a change in investor mood. FNGB.. again.. little liquidity so the stock is subject to manipulation. If breaks 1.50/share, it will likely see $1 before seeing $2/share. What this stock DOES have going for it are a tight bollinger band pinch on the daily chart and fairly tight BB range on the weekly. It is trading above the 20 Week MA, which is bullish, but it has flattened out. Both the 20 Day and 50 Day MA are above the 200 Day MA, which is also bullish. The monthly stochastics are tremendously oversold so it may have to languish here for a couple of months to bring them back to an oversold condition (or they may indicate a tremendous "final pop" to the $3/share range. Again.. I know nothing about what they do.. This is just the current TA picture. EDGR is REALLY interesting, although still a bit illiquid. It needs to maintain its recent highs and not violate and close below $4/share. If it doesn't, it may have room to move to $5/share where it will likely find some resistance, as GNBT did. It's had a tremendous run, just like GNBT. But that's definitely making a move, and likely on some form of short squeeze. But with the illiquidity, it's subject to manipulation from some hedge fund going short and blowing the chart by smashing the shares. Btw, that article from the Street.com related to GNBT is pretty devastating. It's possibly going back to $2/share and at least $2.50, minus some PR of significance. And maybe that's a good thing until they develop more credible ($$$$) news. Hawk