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


To: Jafco who wrote (5159)2/22/1998 7:53:00 PM
From: JACK R. SMITH JR.  Read Replies (1) | Respond to of 14226
 
Jafco,

Careful with you chainsaw, I put some hardened steel nails all over the limb I am standing on, just for insurance against chainsaw happy folks.

I cannot call the bottom in an up market. Simple as that. The stock closed higher on friday and you could have seen the bottom, or not. I do not know yet. If the reversal holds, then we are headed to the $1.90-$2.00 area. Any significant announcement from the company, then perhaps a run at new highs. I understand that they are setting up a new office and have lots of things going on, so I do not expect much news here, so we will see. I am not hedging on my promise, but I cannot call it now. If we have not seen the low, then I would be surprised. Want me to call intermediate tops?

Out on a limb with nails in it, Jack--Just hope I do not loose my "balance"!