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downsideup

09/27/10 1:29 PM

#36700 RE: Lottalead #36695

As predicted... more clueless types rolling in here today, making noise and pretending to be "instant experts"... telling us what we should be doing now... when they really know nothing at all about what it is that is going on here. Just ignore them... politely...

Rather than lobbying Dave for putting out empty PR about things he can't talk about anyway, it will likely do more good, for many here, just to be made aware of the ability to borrow your shares and use them in trading against you.

If your shares are held in street name, it might be useful to think about keeping a floating sell order, keeping the sell at a level well above the market as it moves higher, just to ensure your shares aren't the ones being borrowed. Then, if you do get taken out at a price that is far above where it trades now... it isn't likely you're being hurt by your choices, because you've allowed others to use your shares to manufacture noise in the trade that isn't always useful.

I still think the movement today is mostly healthy for the trade... CLYW seems likely to be moving higher, and, we are still early in the process of diffusion of the news. IMO, the shorts here this morning are REALLY lucky that no one rolled in on them to move the trade up a level after they took their positions.

JMHO