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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?


To: Bob Walsh who wrote (11991)10/24/1999 7:57:00 PM
From: Richard Mazzarella  Respond to of 14226
 
Bob, you accuse me of slander and then lecture me about crossing a line? Get real! Let's get back to what may be occurring at Global.



To: Bob Walsh who wrote (11991)10/25/1999 9:29:00 PM
From: Tomcat!  Read Replies (1) | Respond to of 14226
 
Bob
I feel like you if GPGI or Mr Jensen is selling stock it would be restricted stock. Checking the SEC filing I see no insider trading with GPGI. My thought on the drop in price and volume is sale of borrowed or leased shares of GPGI. The shares are owned by us buts are still untitled by the broker company that sold us the shares. I would say 80% of the share in float are untitled 12-15 million shares aprox. Enought shares to cause the chaos in GPGI. If these estimates are close to correct, it introduces a potential wild card into the current market environment. Hopefully in the near future Broker company will worry about their stock out on lease. Should they begin to doubt the soundness of their stock, they could start an old-fashioned call on their clients stock. The shorter will have to cover. Revenge will be sweet on the shorters. The market is like the games of craps 1000 different ways to make and lose money. Until there a serious rally this bilking will continue and their nothing we be able to do about it. Except to purchase additional shares [lower are price per share ] and hope the new plant works. Its a tall order but are investments will pay off.