Andyreeree
Long

Fib Retracement on GBSN

NASDAQ:GBSN   GREAT BASIN SCIENTIFIC INC
Not so sure about the fundamentals of this company yet. However it has found nice support at the 76.4% Fib Retracement level. I will be watching this one for a couple of days. A few articles say the short-term share price is valued at ~$8. With the 96% loss in value it is hard for me to understand how they came up with that number. That would be an 8888% gain. Sounds a bit outlandish to me. Personally, if I were to trade this I would buy now with no stop loss. My target would be to sell half at $.18 to get my money back. Then let it ride. Although, there's no guarantee that it will $.18. I really need more fundamentals on this company.
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