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


To: Harry Roberts who wrote (10371)5/13/1999 10:27:00 PM
From: Zeev Hed  Respond to of 14226
 
Harry, gosh, I was not aware that I reached the status of demi-G-d here or anywhere on SI. But to the extent that some people listen, it might very well be because this turnip farmer (fell from a turnip truck in the old IPMCF days) did not do such a bad job for the last two years in deciphering the up (very few) and downs (quite a lot) of this stock (and IPMCF's stock as well).

As for TA not working with low volume stocks, you are right as far as most momentum and money flow indicators are concerned, but you must admit that the low volume itself is a negative technical indicator, and when no one is stepping to the plate at prices where before they were buying (at $.22), that is a breach of a resistance level that should not be ignored. When that happens within days that the company issued what was supposed to be a glowing press release, it should be taken as a strong warning signal that many more disenchanted sales will not be matched by enthusiastic buys.

I was under the impression that some 90,000 new investors would be acquainted with GPGI and thus provide new fodder, but apparently, that advertising campaign was either delayed or cancelled.

Zeev



To: Harry Roberts who wrote (10371)5/14/1999 1:18:00 AM
From: san antonio group  Read Replies (2) | Respond to of 14226
 
Harry,
I don't think Zeev is of a G-status just frustrated because he lost his rear on IPM and sold his interest in GPGI.I too would be frustrated if I did not own any with production rolling and Mike McKay at the helm!In regards to the 90,000 new investors if Zeev did his homework he would know that the PR packets are not out yet, anyone who has any business sense would know that it takes more than 2 weeks to launch any kind of PR or advertising campaign!He is just trying to rattle any long investors with his garble tend talk,if he was as good as he thinks he would be on Wall Street and not riding his turnip truck!(VBG)Hang on to your britches because if MXAM doubles in price over their funding look what GPGI will do when they get their first few checks back and in production debt free!!

Sincerly
SAN ANTONIO GROUP