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


To: Randall E. Brubaker who wrote (7930)10/16/1998 4:45:00 PM
From: Zeev Hed  Respond to of 14226
 
Randall, since all this volume had as a result no price movement, I must call it still "distribution".

Zeev



To: Randall E. Brubaker who wrote (7930)10/16/1998 5:08:00 PM
From: Ed Fishbaine  Read Replies (3) | Respond to of 14226
 
Randall

My guess is that shareholders who are unloading (and I do not believe it is shorts who are now selling) are doing so in response to the confusion at headquarters about releasing news. They are befuddling and baffling the shareholders and with uncertainty there comes selling. When DeNoble complains that 50 people read his post and misunderstand it why doesn't he ask whether the 50 people are stupid or whether his communication skills need improvement? The waffling about a news release has caused some unloading IMO.

But the selling has nothing to do with fundamentals which, as I have posted repeatedly, are fine. It is a vote of no confidence in management, plain and simple. Global will survive its defective management believe me. Watch what happens with the 50 ton test.

Zeev is being too technical by labeling the selling as >distribution<.

Regards, Ed




To: Randall E. Brubaker who wrote (7930)10/19/1998 10:26:00 AM
From: Geoffrey J. Hay  Read Replies (1) | Respond to of 14226
 
my feeling is that someone, somewhere knows info the rest of us will have to wait until the mailing is out, before we all know about it. If we knew what those trades were, i.e., buy or sells, it may be support for the news to come.

any thoughts?

gF