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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Tommaso who wrote (136917)12/3/2001 3:41:00 PM
From: Mark Adams  Read Replies (1) of 436258
 
I think there is too much liquidity in ENE shares for a short squeeze. If it goes above $1, it will be on the probability of ENE coming out of chapter 11 intact- with no losses to the bondholders. A slim probability currently- hence the penny status of the current bid/ask.
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