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pennyjunkie

04/05/07 10:49 AM

#12844 RE: Frzframe #12838

I agree with that assessment...
but there is more than supply and demand
market forces at work here. The manipulation
is relentless. I can't count the number of
times in the past week or two that the price
has been walked down after buys at the ask.
Who knows how many times they've walked it
down after buys at the bid. This isn't a
market anymore, it's just an ATM for the
unregulated hedge funds and MMs.