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Thursday, May 16, 2013 9:53:03 AM
There are not nearly the number of shares actually trading as the tape is showing. If you add up the actual trades shown from various sites, it is actually about 60% of the total, and many of those are MM swaps.
MM are trying to create the allusion that a lot of shares are trading, when in fact they are not. Very, very few real people are selling shares down here.
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