Golden Eagle Int. (MYNG) Message Board

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Gold/Mining/Energy : Golden Eagle Int. (MYNG)

MYNG 0.0700

+5.7%

Feb 21 4:00 PM EST

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To: Little BM who wrote (28051)	9/26/2002 3:33:32 PM
From: Douglas Lapp	Read Replies (1) of 34075

Little BM, there have been many occasions and many public documents that pointed to "Private Placements", very easy if you are accredited and ask. I have shorted "Blue Chips" many times with no damage done to long shareholders, on the other hand when you short pennies the outcome can give those long gamblers serious heartburn,imagine a price swing from .20-.10 on your favorite penny and now you've lost some cash and most probably market confidence in that stock which then relates to further loses. Also, I short those stocks on my own and I don't subscribe to the "pack" mentality of the shorters who are flexing their muscle here AND I NEVER POST on a stock I short. The people who short these pennies play on fear and accusation, always pointing to their track record of winning shorts(80-90 percent of pennies never make it to the promised land anyway, so much for their psychic abilities). Finally, how easy is it to short pennies here in the U.S.? If it were o.k. to short pennies then why am I not able to use any of my U.S. Brokers to short them? What financial commitment does one need to play? Let me know, you may change my mind. Regards, Doug

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