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Thursday, September 1, 2011

LQDT

In the past few days we saw breakouts from stocks with very strong price relative lines, but now we are starting to see them from much weaker stocks. LQDT made a huge move on some news, which i didn;t bother to read, which makes it a low probability to go higher. the fact that this was, prior to today, not really outperforming the market is probably an indication that the big money wasn;t getting into this, and after a 30% move, they are even more unlikely to.

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