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Re: Lottalead post# 7069

Thursday, 11/21/2013 7:27:10 PM

Thursday, November 21, 2013 7:27:10 PM

Post# of 12369
hdymaniac....you are not insensitive, and you sound just like me actually, on any other given day.......
its just that the volume was unending even when i was hitting the ask price constantly......that same 250k share amount kept coming back.....it made me unnerved not knowing exactly how large of a supply was really out there and made me question some kind of news halt that i didnt know about...he took out one of my buys of 325k in a heartbeat

Ive actually predicted this happening just a few days ago< tax selling> but when you are on the receiving end of it like i was today trying to hold the fort down by yourself it was very unnerving......In other words ,,,,,easier said than coped with ....i admit i got spooked.
Ive actually been called one of the most pessimistic guys on this board so i find it ironic i was the biggest buyer here......
Hopefully this mlco guy isnt an institution or we will see new lows <.0045>before year ends....if that happens i hope some strong hands show some faith and average down a bit to support this stock from disappearing altogether.

thanks for the info on mlco