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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
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To: Zeev Hed who wrote (8893)12/28/1998 3:01:00 PM
From: Richard Mazzarella  Read Replies (1) of 14226
 
Zeev, <<no joy from other's miseries>> I know that's not your intention, but your suggestion for decline can be perceived that way (throwing in the towel, etc.). Why not say that Global is going belly up? That would be equivalently possible, but equally irresponsible. Know that irresponsible speculation about a decline does bring misery for longs, the same for shorts going the other way. <<catch the falling knife>> People come to decision making in different ways, some use TA, many use fundamentals, few use both. Speculation on what fundamentals are a reason for a decline can be as misleading as a reason for an advance. If Global has what they profess, the stock will be worth multiples purchased anywhere from $0.10-$3.00. Of course buying stock at the cheapest price is always best, but who can be assured of doing that in speculative resource stock like Global. I've had many a run get away from me while I contemplated my navel. Seems you even got caught chasing Global to no great profit not long ago. Jumping on a rocket launch can be as hazardous as catching knives. IMO from what I understand about the GPGI short position, we could have a rocket launch on appropriate news. Where do you find that in TA? We do what works best for us, but of course we should work to always do better.
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