CL. You post on this thread because you like to and so do I. I currently own no stock in IPMCF, nor CYRX, nor WFR, Nor IMMM (never had), nor DWSC (never had) Nor ETTCD (never had) yet I have and am posting to those threads as well. Some of the people on the IMMM, DWSC, and ETTCD thread (in which I have never owned stock) like you, do not like my visits, some of them have thanked me for them, if the posters of IMMM agreed with my analysis of the situation when the stock was at 1, they may have not found themselves averaging down all the way to $.08. Why do I do it, usually, because someone on those thread initially asked for my comment (just as my first comment on this thread was solicited by an earlier poster asking me to compare GPGI and IPMCF). Why do I stay? first, I like it, second, maybe I see things in a light which is different than you do, and lurkers and posters are entitled to hear such differing points of view. You keep singing the praise of management, I keep seeing the last $30 MM of OPM down the drain with nothing to show for it and ask myself will that be the fate of the next chunk of money. It is quite a valid question you know, after all, you are the one that ask us to look at management credentials, what better credentials as to how they treated shareholders before the last reverse split? You may know for sure, because you have access to inside information that the .25 oz/ton of Au and "twice as much Pt" are valid and authenticated numbers, I and many others on this thread, not privy to privileged access to Frienship Labs have no assurance from any third party that these numbers are indeed valid, some may chose to believe you blindly, I do not. I do not know you personally, apart of your postings on this thread, all I know of you is my impression from few e-mail exchanges with you and two telephone conversations. Both of these media did not work to increase my level of comfort with you, since these exchanges were full of contradictions, inconsistencies and misleading statements. If I buy this stock, it will be at my own risk and I will not blame you if that acquisition does not pan out, nor will I blame you if this stock rockets and I am not on board.
Finally, you say you are warning "them", who are they? What are you warning them from? Your consistency? always thinking the same about an investment? At least, I have admitted a number of time of being wrong about this stock when I sold at 4. You have still to admit your erring ways of hyping it at 14, at 12 at 10 at 8 and even now.
Your own postings are quite puzzling, or as a good indian chief would say, you speak with a forked tongue. In that last post you told the flock to sell their stock and buy back in two weeks since bad times are coming. But here, you suddenly put on your "good things are coming" mantle and in essence tell "them" whomever "them" are, do not worry, go out and buy. I am not saying the stock is going to three, if you would have the patience to listen to what I am saying, you might even find it educational.
Here is what I am saying:
If the stock hold 5.3 during the next week, and then closes above 6.75 on good volume (more than about 400,000 shares) before Friday, buy in abandon (but no more than 10% of your risk assets). However, if the volume stays tepid and the stock does not close above 6.75, look below, the next test area will be the low 4's, which should hold, but if it does not, then I will have to put on my two dollars man hat again. By the way, those in AKSEF that followed my advice when I was the two dollars man and of course bearish (about this time last year at 6) and then bought back at 2.5 when I posted a battle cry BUY, BUY, and then sold on the anoouncement of the JV (again above 6 and bought back under three when I again said BUY, BUY are not doing to bad. You see, I do not fall in love with a stock, I call its behavior as I see it. I am wrong a good 40% of the time, and my call last winter on IPMCF was part of my 40% quota. Some posters on this thread know this record quite well.
Zeev |
