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Thursday, May 01, 2014 4:08:20 PM
Look at the spread now- "tightened" back up to normal range. Tells me, IMO they're done "working" it for today. My opinion- they just unloaded another big position for "someone" (typically means "insiders" and/or someone on the "finance" end IMO). Pure manipulation IMO.
No more complicated than that. This type of behavior seen today, IMO, has very little to do with the avg "retail" buyer/seller- other than the "sucker buyers" they can pull in using the wide-spread and the hype.
"Event" over for today, whatever "they" needed done appears to be over/completed, IMO. Expect more like it IMO, many more.
As stated prior, nothing new here IMO. Same old, same old. Just another day of BHRT and penny-ville in action, IMO.
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