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Re: EarnestDD post# 97337

Wednesday, 05/18/2011 11:47:16 AM

Wednesday, May 18, 2011 11:47:16 AM

Post# of 118239
Nothing is being 'held' down.

The market, as in the investors here on this board, has established the value of the stock and that is where it sits.

The value of a stock is determined by what people will pay for it, it is as simple as that. Look around here, I will bet that almost no one here placed a market order when they bought their shares. They almost all put in orders at specific prices at or below the published 'ask'.

Even those who believe in the future of the stock and expect it to rise in price didn't feel strong enough about it to place a market order.All of the buying pressure on this stock is downward pressure. The pps is where it is due to the assessment of the investors and is valued by the market (as it should be) anyone believing otherwise needs to find another method of investment.

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