MDFI makes another step, Nov 16, 2009

The news of Medefile's 10-Q became public at 4:27 pm, according to Yahoo. Apparently we are dealing with a news anticipation event. The news itself (which the market did not know) does not seem encouraging as according to the report, the company was losing money faster in Q3 than it did in Q2. However it's hard to tell what the context of trader's expectations for the company is. The numbers do not communicate a sense of an improving business model.

Technically, the 5-min charts shows a lot of volume in the first 10 minutes which apparently triggered the rally. I would not be surprised too see further sales in the stock amid general lack of interest in the coming days.

The MDFI rally of Oct 15, 2009

The long-range chart shows that even at the present $0.0045 level, MDFI is only a shade of its former $0.035 glory. (Like in astrophysics, you operate with orders of magnitude in this Supernova business). The day chart shows that it's quite possible to set up an automated trigger on the basis of combined volume and price gains which would put you on the bandwagon in the later stage of the intra-day rally while having a very high signal to noise ratio -- in other words, the percentage of false starts following such a trigger would be low. The long-range chart confirms the impression -- the vacuum of action in 2009 lasted for months.