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Re: elcheepo post# 78303

Wednesday, 07/21/2010 10:43:06 AM

Wednesday, July 21, 2010 10:43:06 AM

Post# of 233061
Hedge funds can buy and sell whatever they want. They make money based on a percentage of returns. IMHO the only way they buy a pinky is if there are two things. Volitility and Volume. They also may look to see if the stock has a good 'story'. KATX has all that and is fodder for hedge funds and traders. Ask yourself why so many MM for a small pinksheet stock. I guess it is the same reason Willie Horton robbed banks, because that is where the money is.