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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (85672)	5/22/2002 11:18:31 AM
From: marek_wojna	Read Replies (2) \| Respond to of 116814

<<IMO NO, not if they have fully disclosed any conflict of interest and or short position. We, though, know this is not the situation and many should be (slowly)crucified on nationwide TV during prime time.>> They would be pointing fingers toward Clintons administration. It's a public secret some of the hedgers and shortsellers in late 90's were well informed.

To: long-gone who wrote (85672)	5/22/2002 1:59:29 PM
From: E. Charters	Respond to of 116814

There have been rumours about some well known print journalists bashing some stocks and taking shorts in assumed names in offshore brokerages in London such as TL Hoare. Their litany of bashes on some scuzz companies and not so scuzz companies were legion. So were the subsequent stock price falls. A "good" journalist can trash any stock for a few bucks. Many mining stocks in Canada have weak boxes. Their so called specialists are not very loyal or cash rich, so it doesn't take much selling and their broker is calling them and saying "you [the company ] have to pick up this [their own] paper". They would not make it as specialist on the NY. It looks so slick. And its soooo innnocent. I have trashed my share of "weak" situations when I used to run the Canadian Mining Newsletter. I made more than my share of enemies who are no doubt whispering all about. Apparently, every wart I have is so accurately GPS'ed by these pundits, that I don't need a doctor. It is an accurate track of the more non-salutory of the money raising crowd that they have some really bad stories about me. Hell I even used to name names on the Internet. But they had to actually steal money off me for that. A few did. Well let me tell, you. Steal off me, they will steal off you. And not nickels and dimes either. I was sensitive to this and did not short stock in any big way. Bascially I went long. My track record on real winners was the best of the stock touts. Most just glean the bottom in an indiscriminate way and few have real exploration experience. They could not read the rock or the players. A few just took money from companies. One guy I know just did print and took cash from companies for promotion. He made 20 million. Tempting. But I was never into investor relations. In fact you need the trap line of an old brokerage. People who will take a chance on anything. When you are tiering buys you look like a genius. I should have shorted circa 1997 and would have made big money. But shorting is inherently dangerous and the losses aree unlimited theoretically, if some scuzz crowd squeezes on phony info as Bre-X did. You have to have deep pockets and lots of time to short. But if you know your market it generally works over time. It's just that odd 100 dollare stock that can give you the willies. Even the mining juniors. They can run too, and stay. EC<:-}