Trading Alert for 5/25/2011

$MRNA - one symbol we'll be trading tomorrow. Chart looks ready for a nice short squeeze, regardless of the overall market weakness. Public offering for $0.31 should set a near term price benchmark, but who knows if short squeeze kicks in, it may become crazy. Plus, positive news that the "data demonstrating increased hybridization affinity and activity with the $MRNA's proprietary Conformationally Restricted Nucleotide technology. In vitro results show 60% greater inhibition by a crn-substituted construct, when compared to an All-DNA construct, as an inhibitor to microRNA-21 can significantly scare short and push them to cover, at least for the weekend.



Backtested Symbol: $MRNA

Strategy: Pennystocks100 (5 min chart)
Period: May 24, 2010 - May 24, 2011
# Win: 1
# Loss: 0
Winners: 100%
Profit-Loss%: 4.31%