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Tuesday, August 21, 2012 9:24:46 PM
MMs don't take 'positions' in pennystocks merely because their volitility is too unpredictable. If they naked short in the morning, it's 'cause they know they can cover in the aft.
This is not to say that MMs are totally innocent. Only that they receive far more blame than the truth: investors who manipulate, themselves.
A Fool and his (KMAG) shares are soon parted.~
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