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stockmamma

04/27/10 11:01 AM

#27399 RE: private_wealth #27398

I have posted that several times.....My feeling is that the buying company already owns most of the shares and it is very clear that the mms have firm control of those that are left.....except they are trying to get ours and we wont sell them. jmo
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notabagholder

04/27/10 11:04 AM

#27400 RE: private_wealth #27398

to answer question 1 abt the selling 200 million per day...you have to remember that alot of those were big buys also...the ask was hit quite a few times but small selling at the bid kept the price down

to answer question 2...this is the pink sheets. there is (and rightfully so) a fair amount of uncertainty about the deal and therefore it doesnt have the true long buying power that it needs to run up to the buyout price...people are taking as much of their profit that they can to ensure that if they do get burned it is at least not as bad while the reward remains very high (5 bagger)
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stockmamma

04/27/10 11:05 AM

#27402 RE: private_wealth #27398

and YES you can short penny stocks.