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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: Chuca Marsh who wrote (8570)11/15/1998 8:05:00 AM
From: Richard Mazzarella  Read Replies (1) of 14226
 
Chuca, If it's possible to be objective one can observe that the shorts have been winning the battle of the desert dirts. Any sane casual observer wouldn't want to become long any of those stocks. The shorts have history, momentum, and the desert dirt failed expectations on their side. All the longs have is some belief for future potential, speculation. Speculation is hard to value and easy to short. However, every large volume day where the price doesn't move because of shorting is an increase in potential energy for a stock. Company success converts that potential energy to dynamic, a verbal model being the cold caller's "coiled spring". <VBG>
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