Trump's 12 Diamond Picks, Discussions Limited Message Board

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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited

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To: Sudhir Khanna who wrote (1866)	1/15/1999 1:01:00 AM
From: Tomato	Read Replies (1) of 2251

Sudhir, "What did the insiders learn between June and October that made them decide to put some of their own money into the company? Why didn't they do it in July? " Excellent point. Do you have an answer? TOP 7 REASONS WSP INSIDERS DIDN'T BUY WSP STOCK WHEN IT WAS CHEAP AND INSTEAD WAITED TO BUY AFTER IT WENT OVER $2 A SHARE 7. Dr. Bob hadn't come out of mothballs with his cone theory until the stock price went over $2. 6. They were waiting for George J. Tromp to start his newsletter and opine on the pros and cons of WSP stock, but since George couldn't get it together as soon as they'd like, they threw up their arms and arranged the private placement after the stock had run up. 5. In July, John Kaiser hadn't yet predicted the $10-$20 stock price, and when he did the insiders, knowing how erudite and sophisticated (not to mention logical) Kaiser is, decided to follow his advice and get on board. 4. . The insiders had read How To Make Money in Stocks by Wm. J. O'Neill, and were of the school that it is best to wait until a stock has gone up several hundred percent and to "buy high and sell higher." 3. They were waiting for George J. Tromp to start his newsletter and opine on the pros and cons of WSP stock, but since George couldn't get it together as soon as they'd like, they threw up their arms and arranged the private placement after the stock had run up. 2. Jim Pattison got pissed off at the amount he had to pay for a diamond ring for his wife around September and decided to buy the controlling interest in a diamond company so he wouldn't get ripped off again. WSP was interested and news of the impending PP took the stock price up. And the #1 reason why WSP insiders bought in Oct. and not July was... #1. WSP insiders, being the fair-minded people we have come to know and love, learned of the cone theory during the summer but decided it would be crass of them to capitalize on their superior knowledge at the expense of ordinary investors and waited until the stock price caught up with the cone theory before investing.

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