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To: The Ox who wrote (2578)8/9/2013 11:02:59 AM
From: The Ox  Respond to of 8288
 
One last thought on MRGE is that everyone who has bought thus far today are underwater. So unless there is a major rebound, there will be additional downward pressure by any of the day traders who tried to go long early. Another reason why the 3 days to let the dust settle is often the wisest approach if you want to own (more) shares of this one.