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Alias Born 04/27/2006

Re: lady*b post# 2042

Friday, 08/25/2006 4:09:42 PM

Friday, August 25, 2006 4:09:42 PM

Post# of 92949
The news on this stock is not relevant to a professional trader or hedge fund manager. All they cared about was the rise from .40 to near $2. and their reaction to it is actually VERY predictable. Here's what they do:

1. Pump it up to all the newbiew
2. Buy to Cover (or worse naked short) over $2.
3. Watch the newbies eat up the hype
4. Sell to cover as reality sets in
5. Dissapear (where do you think all those 'it'll be $10 by Friday posters went?)

It's actually quite predictable but people let their emotions get in the way of disciplined trading.

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