Re: selling--A Reverse Split-OK how about margin change

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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MISFIT1

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Re: selling--A Reverse Split-OK how about margin change

in response to

Re: selling--A Reverse Split-OK how about margin change

jonboy

posted on Jul 09, 2008 11:29AM

JonBoy,

There is nothing we can do but hang on for the ride. The bashers are out in full force on the other boards just as they were during the other large drops in January 08, August 07. and December 06. The good news is that after they are done with their raiding missions, they go away until the next time.

I do not believe too many retailers are selling, unless they have margins that they are being forced to cover.

Just continue to view these days as a chance to accumulate, as that is what the pros do. Very few of them buy high and sell low. They short high and then cover low, while picking up some more for the ride back up. The benefit to us is that we can follow their lead during times like this.

Just because they can influence price does not mean they have complete power. One news release can change things in a second. Just ask all the shorters who were driving this stock down below .40 last summer how they felt after the initial halt regarding the first drill hole at Double Eagle 1.