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wallstreet player

01/24/07 6:49 PM

#46579 RE: BirdsOfFire #46577

Bird: Chill out, let them sell! I have friends that are looking for the best entry points. That's why it's called "A MARKET"

We are just at the begging of next BIG cycle.

Relax!

Wall
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smartmoney77

01/24/07 6:55 PM

#46583 RE: BirdsOfFire #46577

I agree with most of what you are saying here but no flippers aren't to blame for the price decline. It is simply from more people selling than buying because they expected results already.

Flippers/day traders create both selling and buying pressure like everybody else. You have no idea to know the motivation of any buyer or seller. Day traders/flippers add liquidity. Without them then everytime you went to sell the price would drop a lot and evertime you went to buy it would go up a lot. Liquidity is good for the market.

We just need more buyers than sellers on any given day. It doesn't matter how long they plan on holding the stock.

I do agree about the BS of people pumping/bashing. Usually you can tell because one day they are doing one then the next the other.

And yes I agree with you that Jim Plant needs to get the A/F's done. Delivering in a big way is the only way to attract long term investors.