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Re: TradeALLday post# 967

Thursday, 06/09/2016 4:35:31 PM

Thursday, June 09, 2016 4:35:31 PM

Post# of 1107
I think I know what's been happening at RXSF. 1 or 2 traders on that board started bashing the company the day they announced Wellington Shields. Right before and after that, someone hit the bid in the .20's and again today in the .30's all at less than 100 shares. That same person is also sitting on the bid. He claims to hold a large position and maybe so. But he bashes and bashes and sits on the bid. What he may be doing is hitting that bid, hoping the toxic notes reset lower, and he will just sit on the bid and soak up toxic shares all day long. It's a theory. In the meantime, the CEO already said the company has agreements with those note holders and those types of trades won't reset the conversion basis. Really quite brilliant strategy by those 2. It's not Kezzek or YD, that I am sure of.

When the money comes in its all moot anyway. Just something they have been bashing for weeks. Use common sense. Not much over there.
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