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Gold/Mining/Energy : Harken Energy Corporation (HEC)
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To: Zeev Hed who wrote (3405)8/14/1998 9:31:00 AM
From: drjoedoom  Read Replies (2) of 5504
 
Zeev -- you're slippery as an eel!

<< you do not need a conspiracy between management and the bandits,
and I never said there is such a conspiracy, it is the nature of the
floorless beast that management will try to counteract the effects of
their own folly (the floorless) >>

You may not have used the word "conspiracy," but you certainly did say that there is usually what amounts to a conspiracy between management and the bandits.

The exact nature of the conspiracy varies from one of your posts to another: At one time you suggest that a floorless may be owned by management or its buddies. Another time you worry about representation by the owners of the floorless on the Board of Directors and their direct access to helpful (harmful?) inside information. Most recently, you posted that collusion results from management's dependence on the floorless investors' money. Now you tell us that management plays into the "bandits'" hands unwittingly.

You remind me of one of those guys who parades around with a sign, "The End of the World is Coming." You're convinced of it; can't possibly be persuaded otherwise. But the exact nature of the cataclysm is still a bit sketchy.

When the stock falls: It's a death spiral!! The owners of the floorless are shorting! When the stock rises: It's an opportunity to sell BEFORE a death spiral! The owners of the floorless are shorting! Is there any event that you cannot weave into some sinister scenario?

BTW, I'll leave it to other more knowledgeable members of the community to tell us when an oil development project may be bankable.

Joe
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