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Monday, December 04, 2006 10:20:08 PM
Looks like more than that sold today. Look at the volume of the chart, in the days leading up to the high on the 27th, I see about 170 million shares traded. Elimate the 75 million volume of the 27, we have about 100 million to get us up the the highest price on the 27th. Volume on the 28th til today, looks to be about 200 million. (volume excluding that on the 27th). The price has yet to reach where it was on the 20th (the day it broke to the upside)
So, I see 100 million share volume on the way up and 200+ million on the way down. Common sense says, 100 million up and 100 million down would put share price at the same price.
Now, look for your self. Shares from thin air? Naked shorts? Co need money? What? If it sinks like a fish, smells like a fish, could be fishy. Could go up now that everyone has sold.
My 2 cents.
Do as you do, Not as I say
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