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Re: murrayhill post# 70058

Sunday, 06/19/2005 11:19:22 AM

Sunday, June 19, 2005 11:19:22 AM

Post# of 93821
An acquaintance of mine who had a few years experience as a trader for some firm in stamford ( I believe) told me that the "accumulation" we saw at .33 looked like a rigged short position be accrued. From what he told me, even institutions cant keep the price in check if they are actually "accumulating" a long position. Another thing he told me is that institutional investors almost never take a stake in an otc stock anymore. Enough of them got burned when the bubble blew and they've learned their lessons/
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