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To: qdog who wrote (7447)2/18/1998 9:28:00 PM
From: DRRISK  Read Replies (2) | Respond to of 11888
 
Qdog,
Have been around this puppy long enough to know when we go higher. This is a shake out for the smart guys to load up. IMHO. I listen to no one on this except my gut. A few stocks become a part of your psyche, when that happens you can always make money on them. I know that sounds crazzy but I can only describe it that way. I have already made a huge paper profit on this stock and have recently made nice position trading profits on this to and fro action. I have followed this stock everyday for four years and own every tick like part of a permanent record. FWIW.
Good luck to you also and I would be happy to buy you a Baskin and Robbins if I am right. Sand wedge can scoop.
DrRisk



To: qdog who wrote (7447)2/19/1998 12:17:00 PM
From: cite  Respond to of 11888
 
This is the official explanation - as I am humbly able to paraphrase it - which I received regarding GF's stock sales: GF himself expected the seismic data to be available by January. He registered these shares in Nov/Dec for sale in January (when he thought the price would be high as a result of the seismic data). When the data didn't come and the stock sat at 4-ish, GF could not recall his sell orders because that would have been acting on inside information (his knowledge that the price would go up not in January, but in late February, when, he now knew, the seismic would actually be released). That is, having registered to sell these shares, he could not maneuver that sale to get the best price based on his inside knowledge of when that best price would exactly be.
COMMENTS PLEASE. DOES THIS SOUND RIGHT TO THE EXPERIENCED INVESTORS OUT THERE?