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Re: dneighnay post# 105792

Monday, 08/08/2011 4:04:38 PM

Monday, August 08, 2011 4:04:38 PM

Post# of 165855
IMO SRSR was heavily shorted at the beginning of the day as shorts banked on a downturn from the recent run and the weekends U.S. credit downgrade news. They simply closed their shorts at the close to avoid a potential rebound in the next day or so.