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Message: Forced Sellling

Forced Sellling

posted on Oct 10, 2008 07:50AM

Please remember all:

In a panicky type situation like this, there is an amount, sometimes agreat deal of forced selling of shares of Kimber by institutions who own the stock.

For example, think of Jim Puplava. He personally owns a great deal of Kimber. You can see, because it is a matter of public record, that not only is he not selling, he is buying. But also, his fund also owns Kimber as does the Sprott Gold and Precious Minerals Fund. If shareholders of these funds liquidate, Jim and the guys at Sprott have to sell.

When and if this happens, keep in mind that this has nothing to do with the underlying nature of the company. It says nothing about Kimber and everything about investor sentiment. Just hang in there. We are in the exact right spot. The Dow has a long way down to go. Gold has a long way up to go. Bull


JBO
Oct 10, 2008 08:58AM
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