This was private e-mailed to me tonite. Kevin
Kevin,
I follow the SI thread but I can not post as I am not a paid member. I wrote this email this morning for my friend, perhaps the group would like to read it. It is as interesting and wild as all the other theories that have surfaced. Please post it for me if you don't mind.
Greg Felix, fellow investor/sucker
Mike,
After my morning coffee I just had a great brain storm! You have read all the conspiracy theories about STS and the shorter's. I have my own great interpretation and I think you will like it.
Well we know the shorters were holding it back and manipulating it. STS management knew this and didn't like it, and neither did we. So in the meantime STS fails to get financing and the stock bottoms out and the shorters get what they want, and the play is over..or so we all think!
The shorters go away and find another stock to fuck with, right?
The thing that still bothers me is that we are all questioning why the deadline for the money jumped to April 11, when we all thought it was June 5, which is what they put in their press release.
We were lied to! Right!
Now I ask why would they lie? Perhaps STS in bed with the shorters! An insider may be in with the shorters! People even think the Guru is in with the shorters!
But here is where the coffee hit my brain... What if STS lied about the deal falling through, only to shake out the shorters, and then issue a surprise press release before June 5 that the money has been raised and the final payment has been made.! Eh! You like that! Do you think it is possible! I know you don't but look at Bre-X! and now your thinking anything is possible! It would be agreat move by STS to do this, but it could get them in trouble also! But what kind of trouble? I don't know.a false press release??? I am sure they could make something up!
Should I get this onto the net? But if I am right and I am probably not, then the trick is spoiled and the shorters get in on it! If I am wrong then it is just another theory.
Some stuff that came up before my post. I found this in the SI- STS thread
>I have been following STS since last year when they first ran up on news of an >aquisition in Angola. I was going to buy but was warned by a Deep Throat on Howe >Street that Harry Bristman is an ***hole and a very big one at that. He should not be >trusted as he had prior dealings at Banff that was not reputable >A sympathetic investor also interested in diamonds in West Africa. >My name will be posted here on June 2, 1997. Good luck on your investing and hope >that you get some back.
Now this tells me that Harry knows how to play the game, and in doing so knows how to turn the tables on the shorters! Also note that this person seems to have inside info and he mentions that he will post again June 2! Why June 2? That happens to be very close to the june 5th deadline!!!! Hmmm interesting.
Putting a dash of hope in your coffee
Greg |