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Re: Eagle1969 post# 25341

Tuesday, 03/15/2011 8:41:04 AM

Tuesday, March 15, 2011 8:41:04 AM

Post# of 34471
First, it is highly likely that we have at least a month to formulate a plan.

Second, I still think it may be prudent to see what happens during that month. There are still countless unanswered questions. The PRs and actions of the company and CEO will play a huge role in what happens.

Assuming the opening chart will look like a boulder thrown off a cliff, you will have 5 minutes of bid/ask before trading since the resumption quote time is always 5 minutes before trading but whatever you do (assuming you want out ASAP) do NOT use a limit or stop limit order as it will likely not execute. I think it is safe to say that no matter what happens there are a lot of people that will want out no matter what and dump - so even if the company does amazing things (not holding my breathe) there will still almost certainly be a huge spike downward.

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