Re: Some of the things I like in Noront - Glorieux
posted on
Mar 25, 2008 09:25PM
To say that: "the PP at 4$ which at the time was not appreciated by shareholders but now with the credit crunch can be viewed as genius", is amazing!
The Credit Crunch was well known at least a full year ago!!!
What ever UNDERSTANDING came with the very poor PP would count as maybe making it worth while. Anything other wise is too much of a stretch for me to comprehend. In fact I will go on record right now and state that there must have been some heavy handed negotiations on both sides or on every side, what ever, and notice how quickly the SP SPRANG up right around the time such an agreement was very likely finally made. Or is all we have seen simply magic? How about the 10 days above $6.00. That was resisted strongly at first but with a few days of Distinct Domination by Genuity, was it, and many Retail Share Holders finally realized that the main PP recipiants were Manipulating on the cheap for months! The rest was what we now call history.
What possible point may I have here, covering very very recent events again so soon after they are but still with us?
Well, there are few here who like fun much more than I do, but I like to be soundly grounded in the fun. I like excitement too but with moderation. Today, and yesterday (Monday and Tuesday), was a very good day for the SP and just like the turn around day in January demonstrated a strong thrust to close out the trading.
What will tomorrow bring? I will be there to look see.
In the mean time if there are some who may well still have a Short Position and if they are part of the Manipulator Coalition we could very well see yet another push down to facilitate their Covering With A Profit. Unless some of them are in the process of double crossing a Coalition fellow Manipulator. If their Short Positions have been closed out we may well see continued up pushing of the SP.
And for some to come on here and sing the praise of some of the Manipulators in closing deals, well, remember what they do they do NOT do for YOU. As in did they push down the SP persistently for two plus months for your benefit. PLEASE do not come on the Forum to answer YES to this cause that could only mean you are one of the Manipulators and or their Basher team.
Amazing more than some we share this forum with!
Never read so many uninformed posts as today by a few of our occasional posters who are usually busy propagating their nonsense else where. Well, remember how so many in the past claimed and proclaimed how little influence we have on where the SP goes, yet here we are ready to influence again???
Old Joe
PS: Grounded!
Long, Strong, and with all the fun coming our way, very happy to Hold and Stay.