<<So you think that the comment was generic enough that it would not constitute even a subtle suggestion to sell at least some shares in the stock?>>>
MZUBOZ,
Ahhh... yes LUNCHTIME!!! CNBC and SI, with sandwiches and a cool glass of Moo Juice to wash it all down. (none of that FuFu bottled water for this "liberated man" of the 90's... :0)
Anyway, to answer you question I don't believe any suggestion to approach a speculative investment with a mind to preserving original principle is any different than you folks suggesting that people go "b*lls to the wall" on a buying spree filling your dresser drawers with stock certificates.
While you guys feel taking delivery insures your equity stake, the more skeptical Nays are merely suggesting preservation of existing profit and close mental stops on positions bought later in the game.
Now to defend the position that this is merely working to the advantage of the "shorts", I remind you that it seems that most of these guys were short in the <$1 range and have no rationale for covering at these prices.
As for someone else's remark that I admit there is a short position, I really have no way of knowing. However, Morks lawsuit against RMIL is fairly indicative that he may be on the wrong side.
What you don't seem to be grasping, however, is that mmkrs set the price of a stock based upon demand for the stock. If there is no demand for the stock, relatively few sell orders can cause them to drop the price to a level where buying interest again develops.
Buying interest is lacking because no one believes in the BS that the Cartel is spouting. Squeezing any "shorts" in a fundamentally bankrupt company like RMIL would merely cause the price to jump for a short period whereupon the "shorts" would just hop back into their short positions knowing their is no fundamental reason to stay long catching the unwary folks who bought in at the top (like $3 1/2 - 4/share) to be left holding the bag.
That is why, unless this company comes through with the $10 million you all are expecting, this is, unfortunately, a floundering investment vessel. Give us $10 million and if there is a short position out there, it'll give and you'll all be rich and I'll be publically apologizing as well as applauding you all for keeping the faith.
Notice that neither Pugs or Riley are willing to mention if they have sold any of their shares???
Regards,
Ron |
