Jack: I am not selling, and I cannot advise anyone else to sell. However, in fairness, when I see an advance coming I tell it as it is and when I see a decline I must do the same. The reason I am not selling is one of these days, it may take off and leave everyon nott on board on the side road. Nevertheless, those with week stomach and unwilling to revisit prices below 2, or in fear of bailing out at lower prices than now if we do no6t get the imminent funding expected, should at least know what I think. I think we are going down and going doewwn hard. We broke a new low since the recovery and actually have lost 30% from the high. We are following IPMCF and in my opinion, IPMCF will not hold the gap at 7, it will go back down. I think that IPMCF has the potential of going back under 4 and possibly under 3.
The reason, IPMCF'ers are fighting one of the most gifted shorters, the Fiero Brothers, those guys do let go until they win. I would not be surprised to see a negative story about IPMCF and all the desert dirts in one of the major publications such as Barron's. They managed to have such plugs on many of their shorets in the past (or were these accidents?) So, I say beware, and have some dry amunition. Luckily, the Fiero are only after IPMCF, but we will suffer with the rest of the desert dirt.
Zeev |
