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Re: Destinator post# 5273

Friday, 02/17/2012 12:18:19 AM

Friday, February 17, 2012 12:18:19 AM

Post# of 12573
and from "Dave in Denver" today:

Dave from Denver… B>

AEM is pure evidence of

mining stock manipulation. The stock closes yesterday $34.21. AEM announces earnings with an ugly headline number. The stock opens down $2.04 from yesterday's close and immediately drops to $31.42, $2.79 below yesterday close. I didn't look at the numbers until after trading opened but it took me less than 5 minutes to figure out the numbers great once you stripped away the non-cash charges. Reserves expanded, margins increased, cash flow from operations up big. The stock only 90 minutes to recover back to yesterday's closing price and now it's up $1.50.

There's no way in hell that wasn't one big manipulative attempt to scare sellers. And it wasn't an "algo" mistake either, because the recovery in price has been a steady climb over 2 1/2 hours. I would bet the Street is trying to accumulate big positions in large cap stocks ahead of what is going to be a big move in the HUI

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