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rwk

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rwk

Re: jermart post# 222415

Thursday, 02/23/2012 3:58:14 PM

Thursday, February 23, 2012 3:58:14 PM

Post# of 249626
jermart,
the ATM, if it is being used, is likely only for about 20,000 shares a day. A very small portion of the total volume. Or did you think Wave was trying to sell 14,000,000 shares a day? That would be silly!

No, I think the selling is coming from the short players who use the low volumes to their perceived benefit to try to drive the price down. But, like trying to hold a balloon underwater, it won't work. It's a fools game to try to make money by selling shares short too cheaply.
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