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Tuesday, September 01, 2009 3:26:19 PM
So let's explore the assertion that the volume and large blocks are MM churn. What do they gain by it? Why do they always do it below bid vs. at bid? What do they gain by walking the shares down? Why do they not take it below the current support area?
Let's explore the assertion that the volume is MMs or someone else shorting. If they know the company is about to hit some awesome PRs, what is their goal? What is their exit strategy? Why do they think the shares are headed lower?
It seems to me that the most logical explanation for what we are seeing is that there is a large seller who wants $.013 or better for their shares.
Intelligent defenses of the assertions expected...
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