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Re: pugdog post# 7327

Friday, 04/28/2006 3:36:53 PM

Friday, April 28, 2006 3:36:53 PM

Post# of 115222
I agree, if you look at a chart w/o logscale you will note three huge gaps up within three weeks that never backfilled. The first is at .10 and the second is .15 and the 3rd is .25. I think the closely spaced jumps in price caught shorters and MMs unaware and they lost control of the pricing. They still haven't covered the .15. and may not have even covered all of the .10. The high volumes for all three events indicate that covering has been very difficult as they compete with new buying and holding. They may be covering and licking their wounds as we speak. Further, they do not want to get caught again before they are flush. Of course, IMHO. Do your own DD.

http://stockcharts.com/h-sc/ui?s=aurc


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