Francis: I bought my last IOM at 8+ and a few days later sold at 9+ because I needed the cash to invest elsewhere. If you can keep making a profit, that is the name of the game, and it is a game that one needs to be well versed.
Perhaps I should not have spent all those years playing chess - cribbage - euchre -chinese checkers and several other games. Oh, yes, I almost forgot, Monopoly. Those with whom I played were so so, so serious that you could be placing your life in jeopardy. I also played that game, and Taboo.
On my many trips from MI to CA I would stop in Los Vegas and play 21. Never lost, but PTL I am not a gambling addict. I mean, Detroit is 75 miles from Lexington and they think they are going to be opening three casinos. There is a group who intend on stopping them via a state ballot.
Well, the real game is Stock Market. It has more challenge than any game I have ever played other than the war game I once had to play for the USMC.
Keep investing and having a good time and I think you are right that the small investors, like me, are buying up those IOM stocks. It is the small investor like you and I that makes the market thrive.
Ron Flanigan Lexington, MI By The Mighty Lake Huron |