To: freeus who wrote (244) | 7/19/2002 6:24:57 PM | From: Traveling Man | | | Freeus,
Gold shot up to around $323 this afternoon. I guess some bonds look good to people,but gold is looking better than stocks,apparently. One thing that bothers me about Harmony.After all the dishonest accounting we've seen here,I wonder about a fast grower like Harmony????????
Sure hope everything is up&up! I'm in deep.
TM |
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To: ild who wrote (248) | 7/25/2002 1:33:26 PM | From: Frederick Langford | | | Harmony Story on possible short squeeze.
A brief joint-statement issued this afternoon said another 4.8 million of Simane's Harmony shares had been made available to a scrip lending pool and where to be returned to Simane by November.
This effectively means Khumalo was lending Simane's Harmony stock - which he was precluded from selling or encumbering - to traders who had short sold Harmony shares (sold shares they did not own). He will now have to call in his loans and return the stock within two weeks, according to the agreement brokered by the government. "Subsequent to the discussion held between the representatives, it was agreed that within a period of 14 days the total amount of 10.8 million shares should be returned to control of Simane," said the statement.
mips1.net. |
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To: Bill McCabe who wrote (214) | 7/26/2002 4:31:02 PM | From: Toby Zidle | | | "I still believe we will be at a minimum of $25 by August ( earnings will be out 8/5/02 )."
August is less than a week away and HGMCY is a mere $10.01 and sinking.
Would you like to revise your prediction? |
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To: Toby Zidle who wrote (251) | 7/27/2002 6:58:22 PM | From: Bill McCabe | | | Toby, based on the last 2 weeks activity I would like not to make any prediction as HGMCY has been extremely volitile in both directions. HGMCY still appears to me to be a good company with good earnings but I guess in these markets it does not matter.
Bill McCabe |
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