posted
The story about CAFE being haulted by the SEC I believe was due to hedge funds shorting the stock. My belief is that CAFE just kept on climbing as the hedge funds were shorting the stock. I think that the hedge funds hired some lawyer to attack the company and instill fear into people to sell off the stock after the SEC allows trading again on Aug 5th. I think the hedge funds may be out of business due to CAFE running so hard after they shorted it. I believe that CAFE was honest in the PR about WalMart, and the hedge funds are trying to do anything to cover their shorts. I hope that CAFE keeps climbing after the SEC finds CAFE not at fault.
I think that just maybe GEPT may run like CAFE. It is following a similar chart path. I'm thinking that it may break through $10 per share tomorrow. Have to wait and see I guess. I think that Homeland Security stocks are still hot even after Cramer rang the register on GEPT Friday. I'm looking for this to take off tomorrow. Again, I'll have to wait and see.
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
| IP: Logged |