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Re: Bronk post# 3493

Thursday, 04/02/2009 2:42:45 PM

Thursday, April 02, 2009 2:42:45 PM

Post# of 375420
What's probably happening is ,,,

the current pump peaked 3 days ago ,
then the price + volume dropped for 2 days ,
and the day-trader shorters arrived yesterday.

Just the usual over-reaction to too much 'good news' ,
that's now all old news.

extra , Sincerely .

P.S. ; The exact same story is about to unfold
in 2 other recent 'good-news' pinks. They usually
retrace to within 20% of their pre-news baseline
within 2 weeks. The shorters wait for the peak to
stall , and then drop ~20% , and then day-trade it
until it is 20% above the pre-news baseline. Chart
fans don't admit this fact , [which is clearly proven
by their own charts] , because they believe that pinks
cannot be shorted. Which is clearly wrong , because MM's
are short ~50% of the time , to 'make the market' , which
is their Only job. Also, retail shorting of pinks is
easy , World-Wide , except through U.S.A. Brokers.

Averaging-Down is profitable for shorters, only [and All pinky CEOs].