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


To: GC who wrote (29365)10/25/2002 1:34:46 AM
From: Jim Bishop  Read Replies (2) | Respond to of 34075
 
GC I disagree on a few things.

"mm can't borrow your shares for shorting" An MM don't have to borrow, part of his job in making a market is going short.

IMO an MM's goal in general, in his own account, is to be flat at the end of each day, just like a daytrader...and hopefully up on $$ that day.

I don't know for sure about any groups, could be though, but I do know individuals that have shorted MYNG, maybe still short or maybe will be again.

Of course there is shorting, that's easy to see just watching L2 during the day...but there is also covering too.

You really think guys like JEFF VIEW PILL PUGS HILL and a bunch of others are filling retail orders from guys like TD, Royal Bank, Eturd etc etc?

Maybe I'm just a chickenshit, but the first sign of selling, be it shorts or whomever, I'm gonzo.

Why fight it, take the profits, get back in again lower if ya want, or if you're so inclined on pennies...join them.

Eric...LOL now that's a whole other story, but at least he's a heck of a lot more entertaining, than say a repetitive pumper like Annie.



To: GC who wrote (29365)10/25/2002 9:07:14 AM
From: gold-nugget  Read Replies (1) | Respond to of 34075
 
GC,
Im not going to flame you and I respect your points as well.
Everyone has a theroy of it and after doing alot of DD this is what I blve that is going on. The short groups have even proved it to me.
but I respect your opinion and points. Remember this is free speach and telling me to shut the %%%% up is kind of childish and immature on your end. If you dont like my posts then put me on ignore and or dont even waste your time with me.
Anyways Have a great day -
G-N



To: GC who wrote (29365)10/25/2002 10:30:40 AM
From: Fred C. Dobbs  Read Replies (1) | Respond to of 34075
 
if the mm were really short like everyones theory here is they would let the price increase 10 fold ,

Maybe they did. GE was at almost 0.03.

Don't know enough about shorting. That's why I was asking all the questions. Was wondering if it was possible.

There has to be an explanation for the anger though. I personally feel there has to be some reason for the sudden appearance and the disappearance of certain posters. Just for kicks? That I doubt.

The real issue is not shorting stocks it's how one goes about it. If someone believes a stock will go down, he should presents facts to back up his claims. Getting mad doesn't add to ones credibility. Then I question his real intent.

All this will be meaningless if indeed GE is now in production. The next PR has to verify they are maintaining at least 500 gr/day. They have made that claim. If they can produce real numbers then the market will decide what fair value is.

The price will still go up and down and the shorters, longers and middlers can all make money but there will be no more speculation and hopefully with that the anger that sometimes accompanies it.

Who knows, GE may never get past past 0.30. Maybe they'll just pay out large dividends. LOL

Have a great wknd
Ron