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Gold/Mining/Energy : Microforum (MCF:TSE)

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To: DAK7 who wrote (3260)10/19/1999 10:36:00 AM
From: Vitalsigns  Read Replies (3) of 3896
 
Stock took off like a rocket this morning only to have big walls put up on the offer almost right away. I can't figure this out, If you want to sell a bunch of shares , wouldn't you want to take advantage of momentum and let it find a new higher level before you begin dumping again?I figured this stock was going to $6 easy with volume and MOMO but now it is stuck in a trading range (Again). This is not natural , why it is being held down now? . Is it to stop any
speculative rise before nasdaq (a la Bid.com)? Is it to keep people guessing as to when we list? Or is there reason to get out at all cost (highly unlikely IMHO) ?Or maybe the chart was rising too fast and they want to build stronger support by allowing it to rise slowly?

Vitalsigns
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