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Friday, September 29, 2006 8:06:19 PM
Does two things: It scares small holders to bail at the reduced price; and creates excitment to small buyers to not bid at a higher price, fearing they could have gotten it at the lower price. As you stated, a real seller is going to want to take Bids at the higher prices being offered.
Those of us in EQBM over the last few months have seen and been involved with the MM minipulation of the Bid/Ask, continuously.
EQBM is so close to ready.
Best Regards
Not a buy or sell recommendation.
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