GDN 0.00% 1.7¢ golden state resources limited

placement based on todays low..., page-75

  1. 15,276 Posts.
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    Katana...

    Nothing wrong with your post...except where you shift from facts to insinuating I will dismiss your post simply due to opposition.

    This is an example of the sort of emotive rubbish I am talking about...it is insulting!

    There was nothing wrong with posting a view that a placement was on the cards, I even posted similar things myself...for the simple fact it was obvious they would need money at some point prior to the options expiry, be it placement, encouraged options exercise, whatever...the issue for me however is when people post such comments according to their underlying agenda, perhaps insinuating the company is facing insolvency...as if this would actually happen...or the old favourite, t4p bashing?

    You have done just that in your post...but show me where I have attacked your integrity without provocation?

    I do not remember seeing your post...but if it was an untained and genuine view that a placement might be on the cards, I would more than likely have agreed with you and conversed in kind.

    As for my theory..."short selling & manipulation" is exactly what I am talking about...regardless of whether it is via selling your own stock short, or that borrowed from others (short selling)...or a combination of both...the point is to lock in cash at higher prices because you want to pick up stock at lower prices, be it via an organised placement, or simply through on-line net-buying churn once your target range has been met.

    More than one way to rope-the-dope!

    Cheers!
 
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