Re: RN's statement about a PGM mine
in response to
by
posted on
Feb 22, 2008 05:15PM
Discuss the various junior resource companies within the McFaulds Lake Area
Al,
I agree with your downward bias theory. Investors have short patience with these kinds of stocks. I also agree that since I not able to react quickly it is a bad idea to try to time this girl. You can squeeze more profit by going in and out, but one can also make a very good living investing for the long haul. The last plunge to under $3.00 is a good example.The longs did just fine, except for a certain amount of stress. The ones who sold and bought back in did great (but will they time it right next time?). The only ones who are poorer are the ones who sold and then did not buy back in.
If I had your bank of monitors and a nice picture window looking over a lake, and no job but the one you love, I'd day trade too! LOL.
BK