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alfaspider

09/19/10 12:36 PM

#97492 RE: Matt_Chart #97491

Matt or AF: Can you look at GRAN for a suggestion.

Friday was a 70K sell at open to wipe out Stop Loss Orders?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54548774

Hard for me to tell. Regional Banks are about to get Federal Bailout assistance, so wonder if White Knight Investor will swoop in and do some sort of Private Equity deal now that things are starting to stabilize?

GRAN is like CASB- a regional bank placed on "Problem Bank" listing by FDIC- but its on the top of the heap so probably not going to be taken over. This whole sector is out of favor by most conservative traders as these banks were like the Savings and Loans that got clobbered in the early 90's?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54453858

Can you tell anything by the steep sell followed by return to the previous close? I could not buy many shares in the morning below .69 and suspect they had it rigged to collect the stop losses????

Just curious as to what you see in Friday's chart.

thanks,