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  • once_on once_on Feb 27, 2013 1:47 PM Flag

    With Max Pain at $265 for Friday, Option scam manipulators made their move and pinned it today

    $6 run betwwn 10:21a to 10:39a - very impressive manipulation, albiet on low volume. 400k shares bought during the run (~$105M) drove up the market cap by $2.8B (good bang for their buck), and saved millions in option payout.

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    • Because this is where POMO really goes... not to productive investment, not to entrepreneurs trying to build companies. No, it goes to perpetuate the trading scams (which suppress the capital appreciation in widely held stocks like AAPL, INTC and CSCO -- it just perpetuates imbalance to extract insurance taxes...

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