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nelson1234

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nelson1234

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Friday, 06/28/2013 1:36:32 PM

Friday, June 28, 2013 1:36:32 PM

Post# of 114475
bought XIDEQ today, exide, a battery maker, around .14, would add into close. This is a very speculative bankruptcy play.

Recent Bankruptcy filing AND move off Nas to pinks AND Fund Window dressing Selling (embarrased to show on books at qtr end) AND deletion from Russell 2000 index at days end.......

has let to sellers overwhelming buyers. Volume over past three weeks of about five million shares/day is 10 times what it had been prior.

Theory is sellers dry up next week, and speculative buyers move in for flipping, and momo playing. This is a theory...could be wrong.

I got this idea (and the reasons behind it) from another very smart investor who doesnt mind making risky plays.

Anyway, just an idea.

best.

Amazing Grace:

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