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tomatotom

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tomatotom

Re: viking86 post# 14488

Saturday, 07/21/2012 12:26:35 PM

Saturday, July 21, 2012 12:26:35 PM

Post# of 163719
It is situations such as this that result in outrageously high price earnings multiples. Due to the shortage of float, institutions would be required to pay retail (at market) prices on any buys they make. That is what drives the price higher.
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