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Post# of 169275
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sidedraft

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sidedraft

Re: hamoudeh post# 21613

Saturday, 07/29/2006 9:22:59 AM

Saturday, July 29, 2006 9:22:59 AM

Post# of 169275
Tailspin:

The 7.21 ask price that people have seen means nothing as far as buying or selling stock. The ask or bid price seen anytime that a stock can not be traded, is only to taken as a "Not open for business" sign. At the market close, someone types in some number, and then goes home.

What it really means to a trader/investor is that MM's know at least as much as we do about the stock. Rufus put out the $7.21 as the expected book value of the stock.

Market makers can read.




Step aside son, you're blockin' the MOMO!

Disproving absence of evidence should be easy, show the evidence of.

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