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I hear what you're saying - I don't think it's manipulation except somehow
they managed to keep the price from blowing out on the day in question. Did
you see the SIZE of that volume spike?
This was probably NOT an organized consortium of daytrading dentists. It
must have been a giant mutual fund or something. I just think the timing of
the day in question is extremely suspicious. Sure looks like somebody knew
something, but maybe they were just guessing.
Don't get me wrong, I'm glad stuff like this happens - It's a great clue!
rgds phil
> Having been a specialist on several exchanges and a market-maker and local
on
> others, I can tell you that rumors of stock manipulation are largely
> exaggerated. Of course, all news in the corporate world passes through
many
> hands before an official announcement, and it is very difficult to keep a
secret
> when many are involved. There is always some slippage and some will try
to take
> advantage of the opportunity. However I doubt an organized effort, when
there
> are so many market participants.
> Sincerely,
> Lawrence Price
>
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