Richard: You people should really learn from posters on GPGI. I have posted there the selling of my GPGI holdings including, as always, my rationale for doing so, and no one kicked me from the thread like you guys are doing with people having "agendas". I have explained my agenda there, I think the stock is going much lower and I want to keep my funds intact so I can buy back in at much lower prices. Sometimes a cigar is just that, a cigar, from the famous Freud.
GPGI's fate depended on the stock leader in the group, IPMCF (right or wrong, it is a fact for the time being), and IPMCF's stock's chart has broken, that seems to be a fact, so far. The additional fact that IPMCF is fighting against Fiero (if CL's info is correct) makes CL's comment that these guys want to drive the stock to zero even more ominous. The Fiero's brothers rarely lose shorting battles, they often end up with untaxable gains on their positions. I do not know if the Fieros are planning to buy around here (resistance is in my book at 6.5 to 7), but if the resistance does not hold, the Fiero may keep shorting all the way down.
As for agendas, people talking about shares at 100 have as much a personal agenda as those mentioning zero.
Zeev |
