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Re: $pmlg post# 162191

Tuesday, 11/02/2010 10:11:36 PM

Tuesday, November 02, 2010 10:11:36 PM

Post# of 179215
In this case, most of the red candles represent large blocks of shorted shares. I'm not saying that some weak hands aren't selling, because some people most likely are. Fortunately, we have stronger hands waiting to buy.

It's how they keep the PPS low so that they don't have to cover their short positions just yet.