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Gold/Mining/Energy : PYNG Technologies

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To: PeterS who wrote (2228)5/18/1998 7:57:00 AM
From: Pierre J. LeBel  Read Replies (2) of 8117
 
Hi Peter.

'Since I do not see what you are standing to gain trading-wise by such an active participation and skillful "stirring" of members minds, '

You should open your eyes Peter and you will see.

What Ward is doing is very obvious and, in fact, quite accurate.

He is telling you and everyone else that the price of PYT is too high at this time and he is correct. He is telling you that the chart shows the probability of the price going down in the near term and once again, he is most likely correct.

How can he benefit from a lower price?

Ward may very well believe in the long term prospects for Pyng. However, he would rather get aboard for the ride at $ 2.50 than the current $ 4.50 and I also agree with him.

Ward is very honest and open about his objectives. Possibly, he and I may be wrong in our assessments and will miss out on some potential profit down the road. That is life. However, preservation of principal is important and, at this time, Pyng appears to be a better bet at $ 2.50 than $ 4.50. Stay tuned: time will tell.

Have a very nice day.

Pierre
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