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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: MilesM who wrote (29336)10/24/2002 4:41:33 PM
From: gold-nugget  Read Replies (1) | Respond to of 34075
 
Why this stock hasnt gone up. Simple:

SHORTERS are preventing it. There is a group, a very large group of known shorters who I will not name that is targeting this stock for shorting. They know what they are doing and have the reasources to do it. They have made lots of money doing it and are very successful. They are the ones who are keeping it down by selling it in large and small quantities, preventing any buys to increase the ASK. MYNG float is very large and this stock is a potential candidate for shorting. They even say it in posts.
So all be patient. If the price hasnt increased is because of what is happening now from these professionals.
The only way we can win is just wait for the market to actually respond to such good news that the shorts cant keep up with all the buying.
But at this time the shorting is outwaying the buying. And a drop of .02 here and .03 there, and then the shorters buying it back - well that means there making a little money at it but not the killing they thought would happen. And keeps repeating the process to make an investor think that the stock is tanking. And these Morons are being very cautious as they think that this stock will drop even further with out support and a delay in a favorable PR. They are hoping that we panic or get fustrated that the price is dropping and have no idea why? Just what a shorter wants you to do - DUMP in Panic and Fustration.

Do a little DD on shorting and you will understand what Im trying to say. Also follow the SI boards of well know shorters and you will see how they work as a group.



To: MilesM who wrote (29336)10/24/2002 4:44:14 PM
From: Ironyman  Read Replies (1) | Respond to of 34075
 
Miles try this:
chartpatterns.com
Regards,
Eric Parde