Technical (half day) Friday

It looks like we finally got a close outside the 4c to 5c trading range that we have had the last 16 trading days. Going up we saw resistance at 6 and 7 cents: Thus our failure to close above 5.5 nor trade above 6 during our recent run up off our lows. We just saw the highest volume in 13 days. Our technical bot sees two levels of support if we are making a swing down: support1: 0.0285 Support2: 0.0090. If we are moving down to test our lows we may stop at one and/or the other. We are presently at 3.8 so if yesterday was not just a holiday aberration, we could drop a penny here before we see support. Hopefully we will stay above that 2.5-2.85 level, confirm that as a test of our previous low and start our build. If we see some significant dilution at this point it is not impossible that we could actually go down and bounce off either the .009 support or the .0062 all time low. I have always found that it is best to decide before hand what you plan to do in the case of a probable scenario - write it down if you have to. I have 30 day buy and sell limit orders in for my GERS trading post. That way (in the absence of any new confirmed information) you are less apt to decide based on fear or greed as the stock moves about. Very few people actually PLAN to sell low and buy high - but most people do. Yes, you CAN roller skate in a buffalo herd - regardless of what the bison say. lol

Friday is a half day. Expect low volume and high volatility overall. NOT a good day to place a market order. (Is there ever a good day for that?)

http://www.allotcbb.com/quote.php?symbol=GERS.OB

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Shorts Revisited

Well it looks like our short shares outstanding fell from 167K to a more historical 4K. I have to believe that there are only a few people shorting this stock. However, since their is always stock short - it is obvious that at least one person is shorting this stock. To deny this is quite silly. But the more important question: Is it significant? The SkunK thinks that the 30 October report with 167K, if held in a single traders hands, is significant. If a naked short is forced to cover 167K on a single day, when we have few sellers - we could see a significant spike. Look at our chart. You see significant spikes in mid December, mid Feburary, and smaller spikes sprinkled about. They were caused by high demand and low supply. But what caused the high demand? Covering shorts is one possibility -but only one among many. The actual physical act of shorting has not driven this stock down consistantly over the last couple years.

What do you mean SkunK?

Shareholders have a vested interest in this stock rising. I am a shareholder. Therefore I have a vested interest in this stock rising. (See my disclaimer below).

Those who short this stock have a vested interest in this stock falling. They are few and far between but they do exist. They do not post a disclaimer.

SkunK.

http://www.shortsqueeze.com/?symbol=gers&submit=Short+Quote%99