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Sunday, May 17, 2009 4:06:20 PM
If an upcoming buyout was for real, the stock would not do a 40% nosedive.
If there were tons of shorts that needed to cover, the price wouldn't go down, it would go up.
Anyone who tells you otherwise is lying to you.
If this was for real, the stock would not be trading at .04 and under.
Do you really think that investors, brokers, and firms don't have the ability to research to see if the company and the "deal" is for real? Of course they do, and the market has spoken.
Don't be a bagholder. If you are thinking about puttin $1000 in, it would be more fun to get 1000 dollar bills and light them on fire.
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