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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: smolejv@gmx.net who wrote (20177)6/24/2002 8:23:29 AM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Hi DJ, <<Am I half right? Or half wrong>>
(a) I did no DD at all after reading Marc Faber's comments on ZIM,

(b) Other than noting the previous week's trading seems to be around 40k shares per day, and

(c) the company is definitely in the platinum business

I thought ...
(a) If IMPAY and AAPTY goes on strike ...

(b) I am not betting the farm, but just another platinum watch, and

(c) so what the heck, I want to be involved with Africa, the land of my other ancestors:0)

(d) Besides, there is no time on such a thinly traded stock. I do not know how Faber could have accumulated any decent sized position in it.

Should ZIM drop by half, I will double up, but only after reading some stuff, any stuff, on them:0)

So, to answer your question, you are completely correct.

Thanks for the links, Jay

P.S. Just finished reading the links and based on my Asia experience, the relationship between ZIM and any political faction will remain good due to funding requirements, not of the companies, but of the president's retirement and his offspring's work income. Nothing to worry about. Chugs, Jay