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  • thomasthecat69 thomasthecat69 Oct 11, 2007 9:54 PM Flag

    More to it then just BIDU

    I've been hearing nothing but continual reports about how much money the big money managers have sitting on the sidelines waiting for a pullback to but before earnings. And waalaa! Suddenly everyone sells off the best performing companies in 5 minutes? Walmart didn't budge negative and had good earnings. Legg Mason sold 12 million shares of AMZN which is more then 2 days of their avg volume. They still hold 60 million. Would be easy to pour those shares on to the market quickly and propel the techs down and take the proceeds and load up on call options at drastically lowered prices. Time for the big hedge funds to make back their enormous losses on the backs of the common shareholders. I see this as pure market manipulation. And stupid Cramer doesn't even say a thing.

 
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