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Gold/Mining/Energy : Petrokazakhstan Inc. -- Ignore unavailable to you. Want to Upgrade?


To: forecaster who wrote (1193)8/16/2000 2:48:35 AM
From: Dean O'Dell  Read Replies (1) | Respond to of 2357
 
I like seeing my name between Hickory and Forecaster; as crazy as my prediction may have sounded back then, I feel better about it as time goes on. I'm still hanging in there for the long haul, good luck to us all!



To: forecaster who wrote (1193)8/16/2000 2:28:49 PM
From: Hickory  Respond to of 2357
 
Verrrry interesting!

One day Forecaster states that the reason his prognostication of a smart upward jump in HHLA prices prior to and after the announcement of 2nd q. financials didn't come true was me and my supposed co-conspirators heavily short-selling the stock.

Two days later he trumpets that I say Hurricane is worth nearly 10 times what it is selling for. Hell of a way for a "short seller" to make money, eh? Two days after you supposedly sell it, waiting for the price to go down so you can buy it back at a profit, you supposedly state that in reality the stock should be selling for nearly 10 times as much. ???????

Of course, neither of these is true.

I said that 3-5 years from now a price in the $20 - 40 range would not seem unreasonable.

And the only stock I have ever shorted was North American Vaccine, back in 1997. The owner I had borrowed it from called his stock back at a higher price than I had sold it (so I lost money) and 7 months later the price dropped from the mid-20's to the mid single digits. That was the last of short selling for me. I figured that if you can't even control how long you hold the position waiting for the right price to buy it back, I'm steering clear of that stuff!

Of course, it doesn't seem to matter to Forecaster whether something is true or not, since he apparently sees this thread simply as a means to hype what he is long and resents anybody being so nasty as to think that investors might want to take negatives as well as positives into consideration when making decisions regarding a stock.

And, of course, the reason his forecast big jump in price didn't materialize could not possibly have been that he misread the market. He couldn't let that impression get out. So he had to manufacture the nefarious machinations of those vultures who dare to mention negatives about HHLA on this thread in order to lay the blame on them.

Well, anyway, like the "National Enquirer," I guess it makes for spicier reading on this thread.

Hickory