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Re: CorpKid post# 37900

Thursday, 08/20/2009 12:13:05 AM

Thursday, August 20, 2009 12:13:05 AM

Post# of 86719
Not long at all. I'm personally waiting for the grab and go scenario to play out flushing bothsides. Has happened so many times. And I know enough now to agree with the "forced liquidation" on the orders going through after 3 PM. I hope everyone knows how it goes. When a BD has a forced liquidation they alert the market makers in advance. Therefore, they can sell the order to the MM and get a nice kickback for selling out the retail player for a lower price than he should have got. So they lift their bids to allow the order to play out more drastically than it would have otherwise. I'm hoping that leads to some other people tossing in the towel first thing in the morning and then right back up it goes. On your other note, I'm just as intrigued that the company is selling less than 1X 2010 sales when it has always maintained a P/S ratio of 3-5 on current sales. Fresh money has the luxury of time. Also very strange that people with orders in to buy in the last hour were not filled and their orders were displayed all day and just vanished. Just passing that message along.