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russo123

07/31/13 11:13 PM

#7103 RE: Jerry70 #7102

They've actually done this crap a few times. And the trouble with thinking it's gonna bounce now is that 153 million shares traded which means someone bought 153 million shares this cheap. So if this bounces a little bit, the people that bought down here will turn sellers.

The real issue is HYII gave all these shares out for essentially free and added them to the existing share base. And the problem is they probably got less cash out of this then the people they gave the stock to.