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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?


To: tom terry who wrote (4976)2/1/1998 9:15:00 PM
From: JACK R. SMITH JR.  Respond to of 14226
 
Tom,

Curtis is a fine fellow, and I must admit that I have called him many times, but I would like to propose that those "old hats" like us reserve him and his efforts for "prospective new investors", and not overwhelm him with our requests for information, as that will be solved through our recent agreements, hopefully. There is a great need for "new blood" in GPGI as most can tell. Most of us "position" traders are in the stock, and "momentum traders" like Zeev are not. We need the "new blood" to bring in the "momentums". Hope that makes sense and we can truly all work together on this as it is worthy in my mind and I believe that we are doing just that. Let us employ all the positive advantages that we can bring to bear and in doing that, decieve no investor nor his brother nor his wife. This is still at this point, risky business. In my mind, not as risky as "pork bellies", but that remains to be seen. Perhaps more risky than "pork belleis", but that remains to be seen. My humble opinion is that it is not, and I will remain in it. That if for me to decide, as it is for all. If I have one word of advice for investors, and I assume that the position is considered positive and worthy for the futue, that would be to try to resist the tendency that we all have to sell at the bottom and buy at the top. Sorry, that is just the way that most of us are!! It is easy to be positive at the top and hard to be positive at the bottom, but that is just and exactly where we should be positive, not at the top. I must inject a caveat here. When the stock is running, please do not sell too early. It is a most common misteak. Let the winners run, and if you want to protect your gains, then rachet up the protective stops, but not too close that you get stopped out of a winning trade.

Why would I be saying this to investors who have been worried about loosing the farm? I have my reasons!

Kinda sound like a trader, do I not? For this stock at least, I have been a long term postion type trader, and I realize that may not be logical to most, but that is what I am in relation to this stock.

What I am looking for is much, much higher levels.

Trader, Jack

P.S.-- This ain't gonna happen tomorrow or the next day, or the next month, or perhaps the next year!! Buy your tickets, and take your chances! Speculative stock!! But I could be wrong about the time frame, and it might happen much faster than I imagine!!