Carl and others:
I certainly check every post by using the next button, etc. Frankly,
I was getting frustrated by Viper etc., not because a negative
view was being expressed, rather than an obvious attempt to trash this
thread by loading it up with useless banter.
In other words, it was the purpose of the posts, rather than the
content that concerned me. We should all be prudent in our investments
and take profits at appropriate times where we can, and I certainly
don't fault Grandich for doing so. In fact, Ron Struthers
had KRY as a buy last year and sold the stock at a profit. Nothing
wrong with that at all, and I continue to get his letter, and
value many of his contributions. I remain long, and personally
believe that the risk has decreased in holding this stock.
I would venture to say that most of us don't ever short stocks,
and yet, especially with the majors, there are some wise folks
who look at this sector as one that should be traded, not bought and
held. Playing both sides, long and short (through options or
whatever), has made sense in the recent past, principally because
we have not had a true secular bull market in the precious metals
for close to 20 years. Perhaps we are entering one now, but only
time will tell.
Nevertheless, we have had participants who have shorted this stock
and have been treated civilly by members of this forum. It is only
when a scheme begins to emerge, especially with a myriad of posts
during a short period, that I have to stand up and take notice,
personal remarks aside. That kind of behavior seems to suggest
a sinister stratagem designed to frighten shaky shareholders out
of their positions, rather than trying to present a "balanced" view.
It is how you do it that matters and what your goal is. Viper's
goals were all too clear, imo. I personally welcome the quiet and
more sensible posts.
Regards
Dan |
