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Green Dot, GDOT up 20%

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Green Dot, GDOT, shares shot up 20% at the open. As we indicated yesterday in our Alerts, small float and huge demand from individual investors/money managers is a perfect storm.

 

The Quick flippers who reaped huge profits are not gonna make a dent, since, they got so tiny allotments. We believe the stock price will stabilize around here and perhaps go even higher.

 

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Last Updated - Thursday, 22 July 2010