SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : L S Capital / Griffin Gold (OTC:BB CHIP) -- Ignore unavailable to you. Want to Upgrade?


To: kimberley who wrote (2409)12/3/1997 4:11:00 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 3594
 
Kim, I think that CHIP is now moving as a proxy to Naxos which is expecting "great news" any day. Your comments about cheerleading and PR representation are interesting. My experience on SI and AOL message boards has the company PR people to be in the worst interest of shareholders. They are paid whores that will say anything to sell the company line. We amateur cheerleaders are usually long the stocks we own and believe in what the company is doing. It's very hard to be long and also remain objective when posting. We have discussed the agenda issue that all posters have before, but I want to suggest that the "truth" of any situation is always dependent on current knowledge and financial interest. Trading these stocks removes the "love/hate" and places the value on simply the opportunity to earn money from an investment. Traders help reduce a stock's price swings and has traders stepping up to the plate when things look the worst. Long term investors should love them. I also sense an envy from the "holders", like we shouldn't make money in the market. That's very narrow sighted. Shorts are also valuable. Trading as you know is hard work and requires constant attention, hard work should be rewarded.



To: kimberley who wrote (2409)12/3/1997 4:16:00 PM
From: GlobalMarine  Read Replies (1) | Respond to of 3594
 
Hi Kim: Yes, you make some good points. Ultimately, we're all in this game for one reason, and that is to make money; stocks are merely one vehicle to for doing so, and it takes all kinds of stock investors and trading strategies to collectively make a market. Even short sellers play an important role in providing liquidity...some of them squared their positions by buying my IPM shares at $3 instead of the current $1.25!

Rand