Re: TRE Article
in response to
by
posted on
Apr 27, 2011 02:23PM
Edit this title from the Fast Facts Section
Gil,
Indeed, you didnt state there will be a short squeeze. You implied the opposite I quote:
"Yes! Of course there is a potential for a sizeable short squeeze. Isn't there also the potential for a sizeable collapse in the stock as well; otherwise, why would there be so many shorts?"
Neither shall happen.
"When you say that UXG and TRE will meet again at similar price are you saying UXG is coming down to 6 or TRE going up to 8?"
Answer. Truth is in the middle. UXG is today at 9, TRE at 6.20. What makes you think I think tre will not go up?
"It is a mazing how a questioning of your positions is equated to ctrticizing and complaining. It is not. It is asking for justification. An attitude of noblesse oblige is the quickest way to the poor house."
I didnt state any positions in the three links i posted. I posted three links and made factual comments. Feel free to interpret them for yourself rather then questioning my "positions". You will have to justify for yourself if you want to avoid the poorhouse.
Regarding your position. Your repeated statements here that TRE is in a downtrend since it didnt pass that 2006 high are an interesting technical standpoint. By the same logic the dow and s&p must be considered in a downtrend since 2007/8 high isnt surpased yet.
To be clear. My position is that TRE will not collapse because, to be very clear, i dont give a fuck that it didnt pass its 2006 high because 1 I didnt buy there and 2 I know that that high was a gross overvaluation due to a short squeeze followed by a pump and distribution action followed by shorting right into the 2008 bottom.
"When you say,"The short in TRE shall roll out in a controlled manner to other shares" are you saying shorts are looking for greener pastures or are you saying that there is selling into weak hands before TRE goes down below 6?"
TRE is being accumulated. Clear to see. I havent got the slightest idea why you would ask me if i think that TRE will go below 6. My position has been crystal clear and is backed by my wallet as i wrote you couple days ago.
Frankly the repeated questioning whether I think TRE will go down from here when it is somethat obvious that i think the opposite is becoming annoying but to be sure: I think tre will not go below 6. I think tre will go up.