Wednesday, June 09, 2010 11:27:17 AM
Premise B) The largest single owner claimed to be buying more. The assumption is that if he owned over 2 Billion shares than "more" would be at least statistically significant in his portfolio.
Presumed Conclusion: If the strongest player is saying it wont go lower and is a strong buy here, and the same player is buying more at this level than how can the price be falling? It should be hitting his buy order.
Reality: There is obviously no buy order in or the PPS would not be dropping. Therefore one or more of the premises are false.
Another obvious sign is when anyone mentions the Africa mines a certain user chimes in that this is bigger than the potential at Hockey Stick - which a couple months ago was the huge news. In other words, "Never mind curtain #1, let me show you what might be behind curtain #2!"
Posts from certain users are so calculated and so timed to the self proclaimed largest shareholder that one could justifiably ask if these posters were one in the same or at least working together. Judging by the posts on the forum in the last couple of days I don't feel I am alone in this belief.
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