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Re: Vindicators post# 509

Tuesday, 04/24/2007 4:06:08 AM

Tuesday, April 24, 2007 4:06:08 AM

Post# of 541
'True Story'...shorted 3000 shares on margin of IPIX after they they had lost their contract with 'ebay' and they needed to do a reverse split to stay listed. Then the stock did a run from @ 2.00 to 6.00- 7.00 range. Then, I shorted!!! The company had 3 mos. cash burn...end of story. Without any discernible income, and any remotely credible pr's or future revenue the stock took off on screaming volume and closed, I believe, at a high of @ 27.00 - 28.00 about 5 or 6 trading days...needless to say I was nailed for about 30,000 on that one. I sucked because I had a chance to get out at about 9.18 -9.28! I did not because I had "never" seen a stock do that before! I have still yet to this day....How wonderful for me.....bleech! "F**KING HEDGE FUNDS". And now their 3 times as many as before. Boy, is the cycle to the next BEAR market going to be a 'freakin war zone'...pony up on the smart pills... your going to need them. Have you noticed 'odd' hedge fund type behavior in the pinks and otc... They are trying to compete with the flippers and literally destroying a swath of investors in the process. Sort of like destroying forests with no replanting...very interesting. I have not read any other posts pertaining to this activity...but I read a zillion posts on many boards and note a lot of activity and something is seriously 'haywire' these days. I can barely find anything to put money into, not because the stocks are not good, but because of the flippers and hedge funds......Be "EXTRA" care full these days...SC. ps. example..today --> CTTJ.




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