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S&P 500
5,482.87
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US TECH 100
19,276.40
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0.32%
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Dow Jones
39,164.06
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Post# of 10165
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H8ster

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H8ster

Re: jimstock post# 7657

Friday, 02/04/2011 1:23:14 PM

Friday, February 04, 2011 1:23:14 PM

Post# of 10165
None of the above. People don't know the difference between an SEC suspension and a DTC suspension. Brokers have the option of using their own judgement in suspending trading when the DTC places a Global Lock on something. Because people generally know nothing about the DTC, they will automatically assume the SEC caused the halt in trading. Nobody purposefully spread a rumor for any ulterior motive.

Personally, I'm glad this happened. It will put a stop to whatever manipulation was going on, that kept the price down.
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