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Gold/Mining/Energy : Flag Resources (FGR.A A) -- Ignore unavailable to you. Want to Upgrade?


To: Quickdraw who wrote (2787)3/11/2000 12:32:00 PM
From: ali  Read Replies (1) | Respond to of 4269
 
George Chelekis, this guy with the good advise,is he the same guy who paid a hefty sum of money a few years back for fraud or wrongful promotion?Seems to me that someone played this game here.Only I don't get scared out of flag that easily.The geological value is still there and whatever dirty trick was played here(by whom?),this kid will stay right on.See 'elect's' argument a post or two back.
BTW,what's a half a million $? now you see it, now you don't:-)Didn't lose any though,not cashing in hurts the ego nevertheless.That's what I get for being greedy!
Mea culpa, mea maxima culpa



To: Quickdraw who wrote (2787)3/11/2000 12:50:00 PM
From: Berry Picker  Read Replies (3) | Respond to of 4269
 
I really enjoyed reading that post about manipulators and promoters.

One problem trying to pin that on Flag.

Murdo refuses to hire any promotion team even though many of us wished he would just to see this stock climb.

There has been a lot of "hype" about this play but it has been by people like me who own the stock and who also got caught in this latest "crash".

If you check the buying and selling you will see that no single house or even a group of houses was selling.

IF FACT - The biggest seller was Green Crime who I also was trying to reach so I could sell - I was on hold that day for 20 even though I have a so-called "Presidents account HOTLINE" what a joke.

No if this crash was "manipulated" then it was manipulated by the dumbest "professional I ever saw because they use a discount broker who takes 20 minutes to even answer the phone ???

I don't think so Tim.

I think what happened here was simple:

Those who have been following this play got in at the "ground floor" of about 30 cent averaged out prices.

Then the price began to run as things shaped up this spring and indeed the whole market has been going wild this year.

Then as the price began to rise even some doubtful ones began buying in on the "dream"

As it ran even more even more nervous buyers got in a even more scarry prices and we went to $1.40 ( man do I wish I sold out 1/2 and bought back right here ) I did sell a bunch but only got an average of 70 cents and bought back at an average of 58 - better than nothing I suppose.

When the results came out as merely indicative that we are on the right track and all of us on this thread were "hyped up" to see 2 grams/ton the selling started with the newbies and the most nervous or overbought people.

As soon as I saw it start to crash I tried to phone Green Crime but could not get through.

I now hate Green Crime and although I saved $10 on commissions I lost thousands.

While I was on hold I watch the price drop from still being over a dollar to 80 cents and falling fast.

If you figure that this stock went from a year low of 17 cents ( I know who bought that stuff and am jealous ) to a high of $1.43. That is a price move of 1.26

Fibonacci formula for retracement is .618 X 1.26 = .78

$1.43 - .78 = 65 That is where we closed on friday after all this pandamonium.

" Do I feel like I'm floating ??? "

No I feel like I got hit by a Mac truck :-}

I am however still in the money and still think this play will run. I think this is now the "ground floor"



To: Quickdraw who wrote (2787)3/12/2000 1:21:00 AM
From: xxxx  Respond to of 4269
 
Thanks for the reading, Quickdraw. I've experienced some of
those over the years. That's why I'm so jumpy when I hear any hint of bad news!

The thing to remember is that there is no such thing as a
"friendly" game of poker. That's what I consider the market
to be. I've had brokers argue with me and tell me that I've
got the wrong attitude. But, I've found that my worst experiences
were when I listened to them. God forgive me!



To: Quickdraw who wrote (2787)3/15/2000 5:39:00 PM
From: jbr29  Read Replies (1) | Respond to of 4269
 
Distribution Done Yet ? Who is that masked PGM Man ?

Rule #3 of the referenced post bears repeating:

"RULE NUMBER THREE: AS SOON AS THE MARKET MANIPULATOR HAS COMPLETED HIS DISTRIBUTION (DUMPING) OF SHARES, HE WILL START A BAD NEWS OR NO NEWS CAMPAIGN."

Your favorite home-run stock has just stalled or retreated a bit from its high. Suddenly, there is a news VACUUM. Either NO news or BAD rumors. I discovered this with quite a few stocks. I would get LOADS of information and "hot tips." All of a sudden, my pipeline was shut-off. Some companies would even issue a news release CONDEMNING me ("We don't need 'that kind of hype' referring to me!). Cute, huh? When the company wanted fantastic hype circulated hither and yon, there would be someone there to spoon-feed me. The second the distribution phase was DONE....ooops! Sorry, no more news. Or, "I'm sorry. He's not in the office." Or, "He won't be back until Monday."

From KITCO:

Date: Wed Mar 15 2000 16:50
pgm man (Flag!) ID#225435:
Flag's geologist has quit.

PGM Man

Date: Tue Mar 14 2000 17:01
pgm man (FLAG'S UPCOMING ASSAYS ARE NOT WHAT WAS HOPED FOR) ID#225435:
Flag has been acting strangely and was able to talk to someone that is involved and the four holes that has been long awaited are anomalous, and not worth reporting, this explains why the stock is dropping.

PGM MAN

maybe next time