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Re: RomeZ post# 8041

Wednesday, 07/20/2011 2:06:49 PM

Wednesday, July 20, 2011 2:06:49 PM

Post# of 23731
Study the L2 like I have last few days. ASCM absorbs some major shares on the ask (shorting). He then competes for the top bid to buy (cover), thus walking the price down. It's textbook shorting. AABA was participating also yesterday and before.

This is destroying the PPS short term. I have every confidence that it will go back up. It just really pisses me off that greed is driving the stock price down. The only hope is to have a sustain rally where the covering will add to the rally driving the pps up.

Follow The Yellow Brick Road
This post is in my opinion and should not be construed as investment advice

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Volume:
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Total Trades:
  • 1D
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  • 6M
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  • 5Y
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