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: John Flaherty who wrote (1357)	3/24/1998 4:12:00 PM
From: Richard Mazzarella	Read Replies (2) of 34075

John, many of the thread's gurus are expecting a sell-the-news at $0.20. Why then should anyone in their right mind buy the stock here looking into a selloff? I would submit that the price will reflect speculation on the report of reserves by the company. If this stock sells off at $0.20 it confirms it's just a junk momentum penny stock. PMA suggests that the stock shouldn't sell off if there is truly promise demonstrated by company data. Our gurus however do clamp the price with their predictions and that lets the price rise slowly only as volume increases. That minimizes a stock out of control. Just my take of the nonsense.

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