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Message: Sprott Moly fund

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Re: Sprott Moly fund

in response to Re: Sprott Moly fund by mzsmith
posted on Jan 14, 09 08:51PM

sorry to strike a cord mz....

<There are two sides to every trade...>

you are correct. someone buys what another person sells.

<if you believe Sprott has all the answers why are you here?>

ummm, i never said sprott had all the answers. im not sure what you mean there. the fact that sprott and his fund had a very large position in this company was both reason #3 by one posters top 10 reason to "own this and cant lose penny" and reason #9 in the letterman top 10-by challanger. thats all out on this board in therecent(2008 past)

as far as giving my money to sprott and manage, huh? no thanks. on a different topic, is sprott right about the price of moly being dead for many years? thats the question-mz. so you have 400,000 shares of this. sprott has/had 10X that value in TTM and took/taking the brutal lose. is it because he has to have the money and thats why selling at these low prices, or he thinks he makes up loses in other markets? i own many, many shares also mz, and im upside down right now-obviously. but i am NOT married to the company and the stock. i learned that lesson many, many years ago. i supsect mr. sprott did, also. that said, im still long on this as of right now and like what cc is doing.



head still above sand, though. -just not the waterline as we speak(with regard to TTM anyway hahahaha)

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