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Re: bladerunner1717 post# 146399

Wednesday, 08/01/2012 3:14:12 PM

Wednesday, August 01, 2012 3:14:12 PM

Post# of 257391
re:ARRY

Agreed, I took this opportunity to buy back the 20% of my position I sold recently at the highs, in 4.25 range-

Assuming the real growth drivers are the meks, glucose kinase activator and 614(as I do), this is just an exaggerated selloff of an extremely overbought stock looking for a reason to.

Also looking for that big bounce soon as well. However, even if it takes a while due to generalized risk asset concerns, and the steepness of the current runup, the downside looks very limited from here IMO.

Regards,

bw

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