Zeev,
Hopefully as folks here on Silicon Investor obtain
more experience with the Hard TruThs of Life,
that they will discover that successful people
like you are different from them in that you make
less mistakes than them, not that you make no mistakes.
Just doing a TiC (Tongue in Cheek) here.
Once your target of 1/8 ($0.125) happened long ago
I decided to buy in using not needed & ok to lose cash.
If i remember correctly Jack doubled his share quanity
for $500 a few weeks later when the 1/8 was broken
to the down side, i forget maybe it was a dime or less.
But I then joined Jack in a "good money after bad" attempt
at the new lower bottom, which i think you corrected me
as your predicted bottom was lower than that 1/8,
like 10-11 cents. (i forget)
But no matter, as i said my first buy of gpgi was at that
point that most all here were reducing the alcohol proof
of their glass of beer they hung their head over by letting
those water tear drops fall into the glass.
So to me i got in at a possible bottom.
Yes, but i understood that a lower could happen,
and when it did i did my second buy as discribed
above when Jack did another.
That second buy i did was understood by i at that time
to be a foolish thing as i then should have waited to see
if this new bottom was really another bottom or that it
was a decay to zero.
Did you see correctly, $.03?
Yes, as the 1/8 went to 1/16 to the now 1/32.
Will it make a 1/64 = 1 + 1/2 penny?
Is the final stop, final resting place a 1/128 = under a penny?
My opinion is no in that jenSin want the next stop on this route,
being bankruptcy 11/7 and GPGI shareholders get notification
from a court decision that removes present Hareholders having
any connection to jenSin they currently have now through holding
shares in this company.
But enough of this talk,
and yes you were very on-target
with your less than a 1/8 as a bottom,
but i might see this 1/32 not as a bottom
but more as a short stop in Global's fall to zero.
Just me saying that bottoms under a dime
might not really exist, except in extremely rare cases,
since for it to be a bottom it must eventually reclaim
a number over a dime, and Global currently based on
official company news which is zero has as default a zero
as future possibilities.
On the Pink Sheets is Haber-Science HABE
with a share price equal to GPGI's here
with those best Bid $0.038 Ask $0.045
and a possibility for a moon shot
if a follow through is obtained
using already set in motion...
Haber was recently asked to find
an extractive metallurgical method
for cobalt by an African-based NGO
(Non-Government Organization),
a consortium of parties formed and recognized
within the framework of the United Nations
Industrial Development Organization (UNIDO).
These parties (see May 22, 2000 Company Update)
are seeking multi-national mining rights
within Central and Southern Africa for gold.
They have added cobalt to their ores of interest,
thus the request.
Haber Inc. cautions that any cobalt mining venture
in Africa depends on agreements to be arranged
between the NGO representing Haber Inc.
and the mining parties.
Haber, Inc. developed a new cobalt extraction technology.
The process is based on chemistry and does not require
capital intensive high-temperature furnaces...
The high-grade cobalt ore supplied to Haber
from central Africa has potential yields of...
This Company Update contains forward-looking statements... |
