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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
GPGI 24.85-1.8%Feb 10 3:59 PM EST

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To: Ed Fishbaine who wrote (11977)10/25/1999 8:23:00 AM
From: Richard Mazzarella  Read Replies (2) of 14226
 
Ed, <<shares should bounce back soon>> I agree that will be the test of my funds raising theory. The thread and message board's chat seems to have formed conciseness that the weakness is simply shorting. Then the selling will continue. If your information is correct and new funding isn't required to production, there should be a good short covering rally as that's understood. I find it hard to understand on how anyone would simply short Global as a regular market action at current price unless they had proof positive that the new process won't work. History would forecast a won't work outcome, but technology breakthroughs often occur after many failed attempts. The proof that the process wouldn't work would have to be very strong and maybe from information by the suppliers. Irrespective of the current message board thinking, the theory I still favor is that it's a Jensen induced fund raising activity.
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