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Re: MrPastorious post# 30199

Monday, 12/11/2006 3:27:05 PM

Monday, December 11, 2006 3:27:05 PM

Post# of 79921
Depends how you look at it.

MM are not isolated entities. They know all the same rumors we do. They call the company under the guise of investors just like we do. If they are hearing the same things I'm hearing then I suspect they are scared if they have a very large short position.

However...I have a suspicion that a lot of the short positions have already been covered. While management was ploting their attack and neglecting the pps the shorts were covering. IMO.

Anyone that is short PBLS right now today is insane. Anyone that doesn't have an inkling of what is looming hasn't been doing their DD. How many of us longs expect to still be trading under a dime in May? What about March?

My point is MM's, hedgies, etc, etc, all know the same things we know. Actually since they have so much more money invested they are probably a little more in the know that some of us would like to believe.

All in my limited opinion of course.
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