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Re: Doubledown22 post# 90862

Thursday, 01/24/2013 12:47:34 PM

Thursday, January 24, 2013 12:47:34 PM

Post# of 96419
Thanks DD. I have similar thoughts remembering last April when we had a few of 600M +/- days before the A/S increase. This layman suspects there may have been more selling than the float at that time. From what I've read this can happen when a MM continues to sell more shares than they can get there hands on. I think this is one of those back room reasons for the DTCC to place a chill.

As I recall, TD Ameritrade shut off buying around that time so I opened a Fidelity Account. Funny! Well, now I just opened an E-trade account.

Very thoughtful posts DD. I agree, this is not necessarily negative and may ultimate bode well for patient shareholders - speculating.