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Re: tlr5 post# 16253

Tuesday, 01/16/2007 5:50:50 PM

Tuesday, January 16, 2007 5:50:50 PM

Post# of 38879
Tir5, I am neither a pumper or basher and I certainly am not a newbie. When I talk about a newbie I am referring to someone who is skimming through the internet and has never bought gold shares in the past and is not familiar with how the bullion or gold share markets operate. I do not believe that increasing volume and having someone pump and dump shares is good for the typical long term share holders who are in a company long term. If you are a day trader that is fine with me. But a grab and dash mentality is not going to strengthen the company share structure and that is what I am interested in as I am a long term investor. (meaning years) Day traders are people who buy into a stock and hold it for a very short period and dump as soon as they can turn a profit. Day traders have to make a living and that is how they do it. I think it is irresponsible to pump up a stock then some poor Joe Soap comes along and buys in so that the pumper can steal his money. Then poor Joe has to sit on the side lines with his money tied up waiting for the share price to recover and go to what the true value of the stock. So if you wish to post about the company that is great, but please make it clear in your post that this is your opinion. Or it is a forward looking statement. Be clear on what your saying so that 'a newbie' is not suckered into buying into a stock that is being pumped. I am not insinuating that you are a pumper by any means I am talking hypothetically. And voicing my opinion on a subject.
Nice to see you posting. Mule