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carusso

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carusso

Re: jayoperator post# 10456

Saturday, 03/12/2016 2:05:41 PM

Saturday, March 12, 2016 2:05:41 PM

Post# of 54519
I think there are some who run a stock up the few days before earnings, and a lot of algo trading that can drive a modest gain up disproportionately. A lot of traders don't like to hold over s weekend, and many do not like to
Buy just before earnings. So the steep rise on a Friday was surprising. If there is s big PR coming out next week other than the QTR earnings, then how is it that some knew it on Friday? Low prices = easier manipulation. Any who sold Friday may regret it when it runs to 15,20 or more, but one cannot really criticize anyone for deciding to take money off the table after a 65% rise in one day. Shareholders have been in purgatory on this one. Can't blame them for walking out the exit door when it's finally open.
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