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Gold/Mining/Energy : United Compass -- Ignore unavailable to you. Want to Upgrade?

To: cknox who wrote (24)	7/16/1998 12:50:00 AM
From: Adjuster	Respond to of 25

It's been over a year since there has been any action on this thread, and I was surprised at the odacity of some of my posts. Yes! Someone had to dump shares, and after the Briex fiasco it was clear that it wouldn't be for a profit. In the meantime, someone shorted the stock in January (27th) 1998 long after Briex at .12 cents and from what I can see is trying to buy it back at .02 or .03 cents. Tripled her money the wench did. Bought 80000+ shares @ .12.......$ 10,000.00 or so and buying it back for $ 1600.00. It was a woman you know. I talked to God yesterday and she told me so! Looks like someone stands to make $ 9,400.00 bucks. It's called doubling your money in six months. Oh! Yeah! I forgot. I bought at .76 on Feb 25, 1997 and sold @ .92 on Mar 4, 1997. Made $ 800.00 bucks in 7 days before commissions I did, and risked $ 3,800.00 bucks. I was smart????????? Now how is this game played again. Remember the song? What goes up.....must come down......spinning wheel.........?????? Now $ 3,800.00 bucks buys me 190,000 shares @ .02 if I have the guts. Of course it will be rolled back 1 for 10, but I will still have 19,000 shares @ .20 which is almost the same as having 5,000 shares at .76 (Figure it out) God! What a coincidence! Now if SHE is short 80,000 shares @ .02 before the rollback, (she has 8,000 shares after) she would have a profit of $ 9,400.00 bucks and may be content to sit it out at .20 with her short position, recognizing that every penny the stock drops after the rollback, which they usually do is another 80.00 or if it goes up a loss of another $ 80.00 bucks. Hmmmmmmm! $ 80.00 or $ 800.00????? If she buys back now, even if she must pay a penny more (800.00) or hang around and buy back at .20 is the same thing. Exceot it cosssts $ 800.00 more to buy. So!..............What about the shorts must cover? Big deal, no one else is buying!!!!! I made $ 800.00 and she made $ 9,400.00 so far. What should I do. Go Long or go short??????? The respondant with the correct answer will be handsomly rewarded, as long as they put their money where their answer is, and make the correct call. All this for a little fun.......but really this is one of the umpteenth times I wish I were short........like really short. I am anxiously awaiting the emergence of the promoter of the century, who phones me up and says......this stock is going to crash....GO SHORT!!!!!!!!! This is the only thing promotors have never recommended to me........and I am at a loss to explain why when they are selling and I should buy. Ed. PS. If I sold at .92 for a profit, why didn,t I sell short again @ .92 for a profit. The answer is...............I thought it could go higher. Haaaaaaaaaa! Ed