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S&P 500
5,745.37
(
0.40%
)
US TECH 100
19,556.40
(
-0.11%
)
Dow Jones
42,175.11
(
0.62%
)
Brent Oil
71.00
(
0.06%
)
Bitcoin
65,725.88
(
0.83%
)
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Cordog1356

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Cordog1356

Re: stocktrader001 post# 393

Tuesday, 09/29/2009 3:26:06 PM

Tuesday, September 29, 2009 3:26:06 PM

Post# of 778
Its a thinly traded stock, so there isn't alot of shares available at a certain price, which is why it goes up and down so quickly and why the spread is so big.

There is only 26 million shares OS right now before the dividend goes into effect.

Anyone who makes enough 500 share trades or more can manipulate the price.

Notice how it keeps testing this 1.35/1.36 price...this is a key resistance point.
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