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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: GC who wrote (29365)10/25/2002 10:30:40 AM
From: Fred C. Dobbs  Read Replies (1) of 34075
 
if the mm were really short like everyones theory here is they would let the price increase 10 fold ,

Maybe they did. GE was at almost 0.03.

Don't know enough about shorting. That's why I was asking all the questions. Was wondering if it was possible.

There has to be an explanation for the anger though. I personally feel there has to be some reason for the sudden appearance and the disappearance of certain posters. Just for kicks? That I doubt.

The real issue is not shorting stocks it's how one goes about it. If someone believes a stock will go down, he should presents facts to back up his claims. Getting mad doesn't add to ones credibility. Then I question his real intent.

All this will be meaningless if indeed GE is now in production. The next PR has to verify they are maintaining at least 500 gr/day. They have made that claim. If they can produce real numbers then the market will decide what fair value is.

The price will still go up and down and the shorters, longers and middlers can all make money but there will be no more speculation and hopefully with that the anger that sometimes accompanies it.

Who knows, GE may never get past past 0.30. Maybe they'll just pay out large dividends. LOL

Have a great wknd
Ron
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