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Friday, June 08, 2012 1:01:33 AM
Would not worry about it unless 20% of float sold in one day which would be about 50 million shares.
Back in the day we tried to toss shares back and forth, stacking the bids and asks which were hidden from L2. The only thing we gained was a margin call and dropped $800k in 15 minutes.
I know the feeling Rich, it is sickening. You cant beat momentum.
Tomorrow will be an open day to cover.
Good luck to you.
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