To: Richard Mazzarella who wrote (1129 ) 8/30/1999 8:49:00 AM From: Chuca Marsh Respond to of 2392
Hard Drives? Soft Sell:The Zeev mention of IPMCF where many lost $:( Yes, I know- I know!)I referred to that Dogsof.jpg this AM and that IPM -Good Dr from Behre Dolbere who did the initial failed Chain of Custody there that wacked us for a info overload loop leading to that BLACK FRIDAY! History, must be studied so that the mistakes of the past are not repeated. ( Maybe just maybe that IS the no position reason we are here? and why the amount of poists INCREASE exponationally with the distance that is tried to be obtained from the good Nah Posts, JMHO! ) IE:a Pattern, I start recently to see.Message 11095759 Message 11095759 And his lst post that just ran OFF the SEE LIST ..., maybe THIS is the reason for the EXTRA HEAVEY GA BARD posts in bit size from last night:Tout Bard doesn't want folks to read this, IMHO)Message 11096711 Message 11096711 <<..GB, I do not know why ORXX was ever priced at $7.5 (capitalization of $180 MM, with no sales, no proven resources, no proven extraction technology), it might not have been a pump, but it surely was not rational valuation. Once people started to see that it was not a rational valuation they started to bail out. As for the stock for St Maria, yes, it may not be a floorless and not even tradeable, but if I held a piece of paper that said I will own let say 5 MM shares and the price is let say few bucks, and I realize the price should really be few cents, I would sell short against the block (the piece of paper that says I am entitled to 5 MM shares). If no one thinks it is worth north of a buck, the MM is not going to step into the breach and take the loss, thus the price drops precipitously. If the deal with St Maria was for a dollar face value in shares, then it is a form of a floorless. Have you seen a form 8k that describes the details of the deal? In any event, personally, I am not interested in ORXX since I have no personal faith in the Haber process and without it success, it seems that ORXX intrinsic valuation might not even be a penny. The former machinations and potential short term up and down due to various MM's games are of little importance for that basic tenet. Good luck Zeev ..>> Chucka2CENTS...oops Chucaupt1CENT LOL P.S. Read any old IPMCF posts and Slick PR lately:( Pre Downfall)Message 2303470 Message 2303470