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Gold/Mining/Energy : CDN. MOMO PUPPIES

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To: Buckey who wrote (3121)7/11/1999 10:36:00 PM
From: keith massey  Read Replies (1) of 36688
 
John...

Just my take, but I think how a rollback effects a stock is highly dependant on how liquid it was before the rollback and what the insider or "smart money" hold. Illiquid stock often don't drop after rollbacks in my observations. This is because the insiders or "smart money" often still hold a big chunk and only did the rollback to draw in new investors and financing. In the case of liquid stocks the shareholders (retail public) are normally the ones to lose out when a rollback occurs. In most of these case the stock drops after the rollback. I know the shareholders of BSW or PUG (to name a couple of classic) will agree with me.

Best Regards
KEITH
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