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Saturday, 03/15/2014 10:45:32 AM

Saturday, March 15, 2014 10:45:32 AM

Post# of 132059
The other day when it was down around 10% or more I was afraid it was gonna fall through the floor.
Support in the 17s brought it back.
However a colleague of mine noticed a dealer trend.
Since we saw 30 cents the stock has been slowly, yet steadily and at some points nearly predictably on the decline.
Many people are not long this stock. They bought in the teens or lower.
Naturally they will sell in the 30s and upper 20s.
However, this drop in value would be much more pronounced and dramatic if there wasn't some buying down the slide.
Some entity has probably been loading the boat on the way down with millions of shares.
The day it spiked down was the day the powers that be said "that's enough buying".
Remember once they own a certain percentage of the company (and honestly I'm not sure how much that is)
They would have to announce it publicly. They neared the threshold and stopped.
Motivation for a company doing something like this would be so that when the buyout occurs they have fewer stock to pay the premium rate to, whatever that may be.
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