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Re: private_wealth post# 27398

Tuesday, 04/27/2010 11:04:17 AM

Tuesday, April 27, 2010 11:04:17 AM

Post# of 35503
to answer question 1 abt the selling 200 million per day...you have to remember that alot of those were big buys also...the ask was hit quite a few times but small selling at the bid kept the price down

to answer question 2...this is the pink sheets. there is (and rightfully so) a fair amount of uncertainty about the deal and therefore it doesnt have the true long buying power that it needs to run up to the buyout price...people are taking as much of their profit that they can to ensure that if they do get burned it is at least not as bad while the reward remains very high (5 bagger)