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Re: Purple Wonder post# 60149

Friday, 11/11/2011 9:32:20 AM

Friday, November 11, 2011 9:32:20 AM

Post# of 81589
The problem is its not a "plausible theory" because the same theory has been floating around and used as an excuse for years. Fact is there is no one seller, there are many. The notion that someone would just sell and dump shares to keep the price in check is silly. People buy and sell to make money, anyone with half a brain who had a lot of shares they wanted to get rid of would do that slowly into a rally so they didn't tank the price. When multiple people have shares they want to get rid of and are all looking to get what they can thats when the price tanks. By the way this is not a statement on what the stock is or is not worth. The market dictates that, if you think its undervalued then by all means buy and hold it.
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