Star Scientific, Inc. (NASDAQ:STSI)

Q: Brian,

Noted your comment in the brief.  So is Star dead or is it possible winner?
Thank you

A: After the gap down 6/17, we called a Downtrend as the patent dispute loss to Reynolds could be problematic for STSI gaining traction near term.  The majority of the value of the company was based on a positive outcome of this patent dispute.  So when they lost, it took the wind from its sails.  They may also have trouble raising new capital with such a low price per share.  Until these issues are sorted out, it is difficult to predict any improving momentum but our system will be watching for any positive technical events.