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Re: trap1960 post# 27795

Tuesday, 03/02/2010 4:03:31 PM

Tuesday, March 02, 2010 4:03:31 PM

Post# of 47793
I don't think the consistency in the everyday negative selloff is the result of MM manipulation, and I am not understating the effect of MMs transactions on EXBX either. The MMs involvement is not the only reason why EXBX is headed to hell. We have been witnessing hugh selling pressure that takes out lower bids systematically. It's like the sellers allow the bidders some space to regroup and then they unload their shares. When bidders aren't coming forward with high bids, the sellers go after new bidders at a lower share price. This has been going on since January and there doesn't seem to be end in sight. The fact that kampa seems powerless in this price fight is very disturbing. EXBX is certainly doing something to the treasury that's resulting this price decline. I guess another question one should be asking is whether EXBX is deliberately selling off the rest of the treasury to pay some of the company's debt before it shuts its' doors.
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