Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: Chuca Marsh who wrote (5295)	3/12/1998 8:34:00 PM
From: richard badauskas	Read Replies (1) \| Respond to of 14226

This thread has given me a lot of entertaining moments over the last year and a half, have enjoyed lurking and all the technical talk. When I first started reading this thread it felt like Cape Kennedy with the rocket boosters primed for take-off, now it feels like the down-hill skiing at Nagano on a bad day!

To: Chuca Marsh who wrote (5295)	3/12/1998 8:37:00 PM
From: JACK R. SMITH JR.	Respond to of 14226

Chucka, I am damn proud of your perception. You are absolutely right, and the last few days and weeks have been on very low volume trades. There ain't no big hitters in this GPGI market right now, as we say in Arkansas. If we are not at the bottom here, I would be surprised. I am in fact, surprised that the stock went below $1.18, but the Naxos decline may have some influence here. Frankly, it all depends on GPGI right now! Clearly, they are not ready or do not have the results to announce anything, and in the mean time we just wait and watch the stock drift downward. Technically, the stock is prepared for a rather nice upside move. The smallest of small investors are extremely bearish, and that is bullish! I am not buying any more right here because I have all invested in it that I am going to, and I think that pretty much explains the lack of buying here. Those who know the stock are pretty much tapped out. I hate to loose, and I hate to eat Turnip Truck Driver Hats, but if that is what I have to do, then I will. A few good days in the Furures markets will cancel my losses here, if that happens. Like I said, the stock is set up for a boom to the upside on any good news!! Support is at these levels and significant resistance is about the $1.60 area. Momentum investors would want to buy any significant breakout above the $1.65-$1.70 area. Just my opinions, and please, let no person, corporation, nor ivestment group base their investment decisions on my humble opinion. I will not be responsible for any gain or loss based upon my opinions!! Disclaimer, Jack