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Re: captncarl post# 11538

Sunday, 03/18/2007 12:20:50 PM

Sunday, March 18, 2007 12:20:50 PM

Post# of 86719
Carl you're very close. I was watching it while enjoying that nice LEND run. The stock was bidding up and enough bid support to run at the open. A couple of upticks and then one we know of dumped, then another we know went right behind him. There was only 38000 traded at 2.55. Then the next wave hit that took it over 400K and that gave you the 2.15 before the conference call. The things was there was almost 300K that came in lower in the 2.15-2.25 area that was waiting. After the CC, another wave hit when anothe took off his position based on the advice of someone else...LOL! Everyone jumped on that 1.89 with yet another 300K that took it back to 2.20. So while everyone is staring at the lower PPS now I'm pretty confident somebody with grand intentions picked up at least 400K of those and probably more. With the steep decline in volume the next two days the majority of sales are gone. You had one retail investor blocking it most of the day Friday with his shares on E-trade. As always is the case, if people would wake up and take their sell orders off the board then stocks would go higher. About the 20th time that has happened in the past week where a large block has shown up on the ask and they get bought ferociously where we don't see trades go through much on the ask otherwise. That convinces me somebody is buying in bulk and in blocks.

Any time now. Any time.



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