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Re: Shengli post# 924

Sunday, 04/11/2010 2:12:06 PM

Sunday, April 11, 2010 2:12:06 PM

Post# of 34471
I think you're naive to think it isn't a possibility. I'm by no means saying that it is what I think is happening, but I do think it's possible, and it would make sense for them to be doing that. If they can flip a half a million shares for $2.00 a few times, it sure would help ease them into that 10M charge for converting those warrants.. Someone is putting the breaks on at $14.5-80 range.

Perhaps it's just multiple institutions deciding not to buy above that just yet so it falls back, and then the newbies that bought at $14.50 start to get worried as it trades back in the 13's, and they drive it down further.. I don't know, but at some point the move will be made. Until then, I'll sit tight and enjoy the ride.
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