Jaci - good to see you are back and doing well.
For the record, I have never thought the CIMA was a friend, he is a thread acquaintance. He is here to make money like the rest of us.
Also, my opinions are my own and are based on almost a year of GE corporate doings and information, some accurate, some not.
The financials took way too long to get filed, the GE excuses were lame, and when it became clear that GE had not even tried to release a proven based on US Mining Standards, I came to the conclusion that GE management was either incompetent, foolish, or hyping. I prefer incompetence to conning, btw.
The latest SEC charges, which will hopefully be dropped soon, really frosted me. Especially when the SEC commented that TT had not read Guido's report before releasing the 6.4M proven claim.
I am well aware that CIMA sold his shares. I did not, I believed that GE was truthful and pretty much knew what they were doing up until the latest SEC charges.
I know that the proGE crowd thinks that the SEC is groundless in their criticism of GE, I do not. I used to defend GE, I can no longer unless they truly deserve the defense. Also, I am very interested to see what happens when (if) they get back on the BB. Lots of pent up 144 selling at this point, which is to be expected.
Anyway, what CIMA says or does has about as much impact upon me as what Metals or other stock promoters say or do. I try not to buy into their selling.
I like CIMA well enough. I am having a little difficulty with a little stock he liked recently and started a thread for though... The fact that he wants to retire early makes him like most of the poster's on SI. Whether he is trustworthy? That is for each of us to decide.
Let the investor beware!!! It's a BB (or Pink) Jungle out there.
Colleen in Orlando. |
