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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM
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To: Richard Mazzarella who wrote (5514)8/28/1998 7:13:00 PM
From: GlobalMarine  Read Replies (1) of 11603
 
Richard: I believe your actions suggest you are the one with the problem. The further the stock price falls, the more bullish you become. Does that make sense, Richard? It sure doesn't to me, and it sure doesn't to Wall Street.

Everyone on Wall Street and other financial markets around the world
understands and knows that a stock price reflects a company's current financial position AND future prospects, esp. the latter. Do you think they are all wrong and you are right? Aren't you willing to consider the possibility that Maxam's poor stock price reflects something other than a screaming buy recommendation from you? Aren't you even willing to consider that the poor stock price may reflect poor future prospects? That perhaps the low stock price is discounting the possibility that Maxam may be unable to profitably extract precious metals? If not, then you are implying that Maxam is a growth stock, not a speculative stock. IMO, I believe you are using SI to pump the stock out of desperation now. I'm not surprised you're apparently doing so, for it's a pretty desperate situation the company faces and it is reflected in the stock price.

THE STOCK PRICE IS NEVER, EVER WRONG, NOT FOR MAXAM GOLD OR ANY OTHER STOCK.
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