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To: Mr Metals who wrote (864)10/30/1998 12:30:00 PM
From: Michael M. Cubrilo  Read Replies (1) | Respond to of 3282
 
Mr. Metals, with all due respect I think you are being a bit hard on Robert. I have followed many of your posts and opinions and enjoy reading them. But when things look their best, Management is touting the stock, price is high, volumes are high, so are emotions, greed, etc... THAT is the TIME to SELL (see my previous post) Time has proved that over and over again, and you have basically followed this strategy if you have unloaded 75% of the stock.

Who is buying? There are millions of 'new investors' out there who have not yet gained 'experience' and rush into any new story or 'easy money' scenario. We have both probably had some hard lessons.

The current volume and #of trades yields a crude calculation of an average of 2,324 shares per trade.... All one person with 300,000 stock options has to do to unload at $3.00, is distribute his shares amongst 1000 people willing to spend $900 each. Not hard, is it in this type of market??? If a President of a company can convince just 1 Million people to invest $100 into his company... that is $100 Million of Capital raised.

I agree with Robert, it is small time investors like you and me (but less experienced) that are buying up someone elses expensive shares.

JMO.

Mike



To: Mr Metals who wrote (864)10/30/1998 12:37:00 PM
From: Robert  Read Replies (4) | Respond to of 3282
 
Your type is always present on SI. Full of arrogance and ignorance. I'll only respond to you one time. You can say what you like, but I have been in many of these plays...some on the upside, and some on the downside...Many of us will remember AZS, Bema, Peruvian Gold, Samex, Fleck Resources, Ashton Mining, Minefinders, Pacific Rim, etc etc etc. The excitement is always the same.........R