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Re: Red Knob post# 137

Thursday, 03/29/2012 12:34:52 PM

Thursday, March 29, 2012 12:34:52 PM

Post# of 876
unfortunately, I agree with it will go down. I have rarely seen an example of a stock doing better except on the main exchanges. Where they would cash out people who hold under a specific level of stocks and then follow it with a F/S to return to the previous SS.

A lot depends on volume really. If there is a lot of pissed off people the price will drop as they sell out. If it goes unnoticed, then it's possible in the future that people will just think the price is what it is. Memory is short. However, I do feel this will most likely decline by at-least 50%. It would take an insider or investment broker to keep it at this level.

I can only suggest, if you want to stay in, pick a stop loss level. You can always play your flips again later.



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