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Re: PianoMan75 post# 13115

Tuesday, 10/12/2010 9:26:34 AM

Tuesday, October 12, 2010 9:26:34 AM

Post# of 130765
Don't forget the old adage: "buy on rumor; sell on news."

I am highly doubtful of MM manipulation. There isn't some seedy guy slouched over a computer scheming to keep the price down. MMs use computer algorithms and programs to set the markets for them. Sure, maybe once in a while someone checks a security in pinkyland to see how the algorithm is running, but I've found that MMs just tend to be an obvious scapegoat when pps does not behave the way shareholders want.

The other villian people jump to is short sellers. I've been impressed that folks on this board have not gone there to the extent I have seen on other boards. EPGL is not on the Reg SHO list the last I saw, so there's no shorting problem. The daily short sales report can include buys reported as sells so it's misleading.

All-in-all, I'm impressed with the general discussion of EPGL on this board. Keep up the construcvtive discourse. If you want to see examples of how not to be just check out 90% of the other boards.

Good job folks!

~Prey for whirrled peas!

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