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Re: iheartmoney post# 138991

Sunday, 06/27/2010 8:24:04 PM

Sunday, June 27, 2010 8:24:04 PM

Post# of 179215
Since many more shares were traded at higher prices, someone had to be buying big during the run. MMs might have been shorting (legitimately I suspect) but with the much higher volume during the run up (10X or more on average),I think it was retail buyers jumping in on hype and momentum. Hopefully that hasn't happened with CDIV, but at least here, the most anyone can lose is 71 cents a share or so.

Here's a good article on EVCC http://www.canada.com/vancouversun/columnists/story.html?id=1c0c9cea-5d9f-402e-b01b-30a8966ad8aa

Let's hope CDIV is not similar, though they too have received their share of press questioning http://seattletimes.nwsource.com/html/businesstechnology/2011202733_sundaybuzz28.html


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