Join me! IPM SI 5 Day Vacation!
After Monday's sickening reaction to the PR, on Tuesday, I turned off my stock beeper, phone ringers, computer, slept til 10:30 and "took the day off". It was nice to miss all this. I now can see this thread is currently crippled and some people are really showing their true colors. Mr. Grasso bid farewell long ago, but is _still_ here. His posts are full of repeated lies, just like his phone in Hilton Head. He is really, when one looks his posts over, bitter and antagonistic all around, not just because one person sorta called him a moron ages ago. He's obviously not a moron, he's hooked up with some very smart shorts, and made an amazing pre-call of the PR. I'm not sure he's Schechter, but there is strong circumstantial electronic evidence. Hungry Lion is definately Schechter. I now am over any sympathy I had for the guy losing his job. His posts portray a truly a sick, sadistic, and disgusting venom IMO.
Two other voices dominate the thread, and intend to keep it dominated and disfunctional. E Charters, whose posts are clearly pathetic. They are on record, full of aparent senility, blatent lies and misinformation and often plain ignorance. I said it before, anyone can run around shouting "bail" at Jr.'s that have run and will often be right. None of this change his lies, and his _FULL TIME_ campaign to create the climate of terror that has permeated this thread which held well over a million shares directly -- and is read by _many_ times that. Mr. Charters was obviously here on an agenda -- and he _still_ is. As for Bill Jackson, I can't believe he is not held accountable for his posts. He fought for months to install himself in the IPM situation, in a suspicious, shady "backroom" fashion. His posts have been reckless and inflamatory and full of lies. Doesn't anyone remember him telling you this was all a scam and 24 people here were going to the Caymans with 17 million $ in October?? Doesn't anyone remember the illogical garbage he has spewed between his good old boy humour posts? Doesn't anyone remember him trolling for investors for Pac Rim at $7 while IPM was the same... And Davison-Tisdale at 30cents. Both have fallen the same or worse as IPM from when he started touting and they did it a lot sooner. Jackson has posted before about being oh so wary of ore that does not fire assay -- and now that it does, he thinks it must be salted because Bateman not BD signed off on the COC, how assinine. He also now posts the stock is going to 25cents. Lovely Bill. He has played on the fears of this thread since day one, IMO his friendly and civil posts have only been to futher this agenda and ingratiate himself in the minds of some. He alternates here like a chameleon, playing his little game. But just a reminder folks -- He turned bullish as hell on IPM the 3 or 4 days before the Press Release! Why? And now he's once again full of venom, wanting you to sell, sell, sell before 25cents. What fundamentally could have changed in his mind in those 4 days except proof of a fire assay? Hmmmmmmmm. Bill just makes me go hmmmmmm.
Zeev, can also tend to get into these thread downspirals IMO. I've been through the mill with him, and I think he is sincere, but wish he would be more sensitive about piling on -- at certain times.
I haven't wanted -- and don't want to inspire anyone to hold this or any Jr. -- people need to make those decisions intelligently, personally. I've battled fiercely with the shorts because I hated the tactics and what they stood for, but I am not a hyper, and my posts are on record, numerous times, you should not play Jr. miners with any $ that can't face zero. The risk is extreme. This is not "normal" investing and those here should not be normal investors. This is high-risk, high stakes _speculating_.
For now, here's what I see: The losses we longs have incurred, on paper or cash from margin calls, we should aknowledge 4 reasons:
1. Partly we investors caused it, with our decisions, esp. with borrowing on a Jr. and our imprudent greed.
2. Party, IPM management has made some serious mistakes and misjudgements.
3. Partly, 3rd parties IPM and all dd's are dependent on, may also have made mistatakes, made things more difficult then they should be.
4. Partly, the volatility caused by all of the other three factors, was surely magnified (I believe by a factor of 2)by a concerted and manipulated effort of professional shorts -- I don't think the stock could have climbed as high, or fallen as low without them.
We can't do a decent analysis of what went wrong on this thread at this time IMO. I am taking a 5 day SI vacation at this point. I urge the other fatigued longs to do the same. And let Mr. Charters, Jackson, Grasso, and Lion talk among themselves. They want the thread, lets let them have it.
Lew Green |
