What is &rsaquo?

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Have you experienced something like &rsaquo? Well, so have the millions of facebook users worldwide. This is appearing on facebook walls when one writes on another’s wall, and has been visible for a few days now. Personally i have seen a person ask on their status if it has a hidden meaning, even going as far as linking it to a devilish number and most people are asking the meaning of this. The &rsaquo means right single angle quote but well, i dont know as yet what the quote serves in code, do you have an idea?

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