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MobyInvestor

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MobyInvestor

Re: ThomasS post# 63781

Sunday, 06/29/2008 9:06:58 AM

Sunday, June 29, 2008 9:06:58 AM

Post# of 257259
Thomas,

The 52w high tells you exactly how much one or more people were willing to pay to buy the stock.

If they bought and held instead of cutting their loss the buyout premium becomes a net loser, not a gain.

Regards,

moby
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