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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: Michel Grenier who wrote (8884)7/8/1998 11:04:00 PM
From: s martin  Read Replies (2) | Respond to of 34075
 
Important point, too many people think they are being "loyal" to the company if they don't sell. They cast aspersions at those who sell as if they are not being true to the team, when in fact investing is not a team sport.

>>Now a word on daytraders and other investors. Any investor who does not buy the original shares when they are first offered publicly is like a daytrader. Initial buyers finance the company, they provide capital for the company's capital investment and for their initial operation. When you buy after that, not a penny goes into the company's coffers, you do not contribute anything to its actions, it is pure speculation based on your estimates on the company's potential earnings. The price per share influences only the shareholder's wealth, not the company's. <<



To: Michel Grenier who wrote (8884)7/9/1998 12:04:00 AM
From: Cytotekk  Respond to of 34075
 
Michel, we agree on almost everything. FWIW

We differ on the definition of day(s)traders and long shareholders a bit, difference lies in: 1. a shareholders belief of a companies potential longterm and holding of a stock accordingly, or 2. a shareholders short term churning of the stock for quick profit regardless of belief in companies future.

Agreed by both:

MMs; Yes they are having their way with us.

PMA irrelevant; Yes.

Opinions as to whether Large Gold Claim is there are just that until third party, credible verification is done; Yes. (Gold is there, how much and how profitable are yet to be seen by verification.)

People are having at it on the thread: Yes, to be expected with a halt and confusing pink sheet trading.

Regards, Colleen in Orlando