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Gold/Mining/Energy : Solv Ex (SOLVD)

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To: mqmsi who wrote (5994)9/2/1998 3:06:00 PM
From: Mama Bear  Read Replies (3) of 6735
 
mqmsi, how many proxies have you actually voted? If you say every one that you've ever received, you are a rare bird. All of the proxies I've ever gotten have the clause that no vote will be voted with the boards recommendation. It's a silly argument to put forth that because the vote was overwhelmingly in favor of the reorg, that the shareholders care. Solv Ex has no valuable technology. Solv Ex will likely never produce oil or whatever they claim to be attempting to recover. If they do manage to produce some, it will not be a cost efficient production. Besides, I thought they were a paper company now. Didn't you hear that they had reinvented themselves? It is only your opinion that the sellers are letting go at "ridiculously" low prices. My opinion is that the buyers are paying ridiculously high prices. It is not likely that there is any significant short interest or new short sellers. That just does not make any sense. Rather, the slow and ongoing covering of pre halt short positions is what is holding this stock up at these inflated levels.

See you at .02,

Barb
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