HI Gregor. I am really not sure how to answer your last post! but I will try, my comments are between <<>>
But to say I am long the stock and close my ears to any shorters argumentation is just as foolish as your closing your ears to real positive results of say Guildo's translated, documented research which should have been published by now .
<< I think this is one of the problems "the documented research has not been published". In fact to publish it in its native tongue is not a problem because "babelfish" has an online translator. The lack of information out of this document, plus the "suspicions of the SEC have created their own problems, a problem GE could have avoided>>
By yourself you are no threat to this company but with a company of others the real possibility is that this company will discontinue trading.
<< This is where we get into a "difference of opinion". Differing opinion will NOT cause this company to discontinue trading. The assumption, if I understand you correctly, is because there are 2 or 3 people that happen to support my thoughts, that they will override the 300 that support yours. I don't agree>>
If I could pick an ogre it would be the SEC. Don't be altruistic and say that they are trying to help the poor investors , the innocent investors; that are being tricked into buying MINE. If you really think about it the innocent have not been hurt until they saw the SEC news worthy event of trading suspension plastered all over the USA Today front page. (the trading was definitely relegated to the pink sheets because of that article) A few posts back some guy writes on his 1 day old membership to SI that he purchased 50,000 shares based on the USA Today article and then "wonders" why it's trading is so eratic. So he probably got in at 1.50 and now can get out at .30 ( 80% loss in one day ). I kind of like to look myself in the mirror when I shave every morning. so, what can we say to this guy, gee sorry you had a bad day.
<< Actually , if I thought for a moment that the SEC wasn't doing just that I wouldn't trade on the US markets. The SEC can't save everyone. If this proves to be a poor investment, then they prevented the rest of the market from buying. Just as there is no recourse against those who made money on Bre-X their is little recourse for those who lost. If the SEC vindicates GE then investors will have to pay you a premium for your stock, a stock that gained that premium thru the scrutiny of the SEC. You can't have your cake and eat it too.....This is the "market" >>
You surely are not a witch nor a devil and I never intended to say you were but by golly you are being manipulated by something to the extent you are being jerked around like a bb in a box car.
<< I do my own thinking, I really don't understand what you are saying here, could you ellaborate?>>
If we desire MINE to continue to exist we must ALL support her because she is close to falling off the face of the earth. What you are doing is akin to giving a dying woman capital punishment because she ticked off a drunk driver before she got run over.
Lets at least save the poor lady before we pronounce sentence.
<< It truly is out of ALL of our hands, postulating, hypothesizing and forming firm or wishwashy opinion, will neither diminish the size of this deposit or increase it. The SEC has control and will not relinquish that control until they are satisfied that their DD is complete. In the end GE will survive or die based on "WHAT IT HAS or what it DOES NOT">>
Always a pleasure gregor
the Chief |