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Gold/Mining/Energy : PYNG Technologies

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To: the Chief who wrote (2236)5/18/1998 7:59:00 PM
From: Grant MacMillan  Read Replies (2) of 8117
 
My my. A guy goes away on a long weekend and look what he comes back to. The nay-sayers are out and the bulls are defensive. I've read most of the posts and think that both sides have some merit. If Pyng doesn't get orders in the short term, confidence will wain and the price will fall. When the orders do come, the stock will be a multi-bagger in a very short span. The only sure way to avoid missing the next run is to hold, since no-one knows when news of any orders will be released. I've considered selling with the hopes of buying back in later at a lower price, but when I look at the volume up for grabs, I figure I'm safer to hold and ride out any price fluctuations.

Pierre, you predicted back in March that the stock would drop to $3. It hasn't got anywhere near that in the last two months, and time is working against you. Orders will come, and we all know it. Each day brings us closer to that. Perhaps your position is too conservative considering most of us refuse to sell at current levels. I think the stock has found its range until news comes out, so why worry about the downside when the upside puts all other investments in the dust.

As for Ward and the other guy, they only show up when they are worried the stock is gaining momentum, so just let them worry and enjoy yourselves.

GM
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