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Re: Piecemaker post# 17211

Tuesday, 04/27/2010 4:53:37 PM

Tuesday, April 27, 2010 4:53:37 PM

Post# of 28183
I disagree. I think I hit the nail on the head. In my previous post I said, "As the morning went there were initially 42,000 shares bought and with each purchase the share price continued to fall. Curious, no? Buying ranged between $0.10 and $0.07 ...."

Did you get it. As the buying took place the share price went down. This was an intentional concerted effort on the part of knowledgeable manipulators. They drove the price down and then bought just before the news came out. Its not surprising that the share price found its way back up to $0.12-0.13. Except for a short interval of time none are the wiser. This was a "dump and pump" at the very least. Nothing illegal on the surface but if the SEC wasn't so busy looking at porn maybe this kind of thing wouldn't be so pervasive.

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