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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Travis_Bickle who wrote (155295)10/8/2008 12:27:43 PM
From: The ReaperRead Replies (1) of 306849
 
When you've got such a large name doing a huge secondary, if the syndicate can't hold the price it's curtains. Also it's no coincidence they are doing it today in front of the short sale rule expiring. Usually there is a lot of short sale activity to hedge off the purchasing. That's making it easier for MER to defend the price of BAC.
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