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Re: letsmakesummoney post# 2303

Saturday, 04/04/2009 3:02:31 PM

Saturday, April 04, 2009 3:02:31 PM

Post# of 3894
i didn't mean to imply that the mmfais site was not credible. the problem comes in the interpretation of the information in that site. just because there is a date next to something does not mean that date was an action date. if someone wants to intentionally distort facts, it is easy to point to the information contained on the surface and twist it to mean something it in fact does not say. and, it is also easy to just plain mis-interpret what you see on mmfais and think it says something it does not.

by way of example, i believe in the referenced oppenheimer post, oppenheimer increased its position by around 30 percent. in other words, if they were previously holding 100 shares and then purchased 30 more, they would have had a 30% increase in shares. someone, inadvertantly or intentionally, looked at the 30% number next to oppenheimer and posted that oppenheimer just purchased a boatload of ggp stock and was now the largest holder of the reit. that was just patently untrue.

if you look at the most recent mmfais post you previously linked me to, i think it shows that oppenheimer sold all of its stock. so now one could think, gee, they went from being the largest holder in ggp just a couple of weeks ago to now dumping all of their shares. what's going on? i better get out while the getting is good! and all of this is just because no one bothered to look into the underlying data to fact check things for themselves. that's all i'm saying. trust if you want to, but verify. thanks
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