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Strategies & Market Trends : The Ego Forum -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (10597)	9/16/2011 1:51:33 PM
From: Amark$p	Read Replies (1) \| Respond to of 12175

One final whacking would not surprise me... It would take less than 40,000 share market sale order to get MDR price under $1.40, and likely trigger some stop loss orders. Then in my think like a criminal mind, we will see several large volume stock crosses (whereby same investor sells in one account for a loss to book tax loss while buying in a different account to go long). Happens all the time in thinly traded junior gold stocks, IMO, especially for stocks that have significant per share tax loss like MDR. Thus, I am waiting for one final whacking to add to my MDR position, but have 2/3's of my intended position now. If I had no MDR share position right now, I would buy 25% today and put in a GTC order for 50% at $1.49, and try to buy the other 25% quickly once it gets whacked and bids appear for turn upward.