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Beave

04/14/16 10:30 AM

#126 RE: THREE-DAY-TRADER #125

Yes, those pesky convertible notes are a wildcard for sure. I do agree that there is a lot of profit taking going on but this is also the best bid support I've seen in quite some time. I'm not saying it's great support but there was next to none to soak up any of the downward pressure from the convertible notes for a long time. It looks like yesterday's news might have gotten at least a little attention on the retail side of the market.