Thursday, June 30, 2011 11:22:04 AM
Check out the top of the candle the day before the last gap up on 5/6. Look familiar?
You have to remember, MM's don't have to buy and sell real shares to create these walkdowns. They can sell counterfeit shares to shake out the weak hands because they have 13 days to cover before they have to report the sale.
They will buy back and this puppy will go higher, probably sooner rather than later. MM's will make money of of the people that got scared. Long term holders have nothing to fear.
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