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RetireEarly38

01/15/11 9:50 AM

#31805 RE: Quasimoto #31803

I have seen this before with SYN*. The MM's didnt want people to see the price alert going off and it would have cause more people to run and get in. For example, GTL* last week...I got alerted as I watch my highest percentage mover ticker and this stock was climbing in my face and I had to go investigate...Sure enough news had dropped and I was in and made some good cash. That ws smart of the MM's because now people gonna have to chase for real now on Tuesday.
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Tryentoretire

01/15/11 10:26 AM

#31812 RE: Quasimoto #31803

Because no one thought the merger was done because of a different announcement, the merger was a total surprise, if it was put out earlier it would have jumped a lot more. Thant my feeling
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bailee10

01/15/11 10:40 AM

#31815 RE: Quasimoto #31803

I would say a lot has to do with flippers.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58636286

also according to Jim37 it has around 1.5 billion in the float which may sound like a lot but it really isn't for a pinky. HES* ran to .0024 with 20 billion and you see the other posters mentioning other with huge floats that run well also.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58637391

Hope this helps!
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$tockJunkie

01/15/11 11:08 AM

#31822 RE: Quasimoto #31803

.0006 was on the ask right before the bell, so it could have easily closed at that. That would have been a 50% gain in 10-15 minutes from when the news was released. I suspect many had their sell order in at .0004 and .0005 who didn't see the news and will be kicking themselves on Tuesday.