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: Mike McFarland who wrote (1541)	3/28/1998 8:22:00 AM
From: Richard Mazzarella	Read Replies (1) of 34075

Mike, the timing announcement was perfect for minimizing the initial selloff. This outfit is a master of mirrors IMO. If they had waited until the end of trading Friday, people would have fumed and fussed all weekend selling with market orders on Monday. The stock could have seen $0.05. The way they did it, a few observant shareholders sold to retain their current investment. That selling brought the price to a level where people may not want to take a loss and may make the decision to wait it out after a weekend of contemplation. After sitting a few days, maybe even with some more price erosion, the spin doctors will juice the crowd back up with expectations for the end of April. And so it goes, PMA and all.

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