SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Manhattan Minerals (MAN.T)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TrueScouse who wrote (2504)6/24/1999 4:36:00 PM
From: TheBusDriver  Read Replies (2) of 4504
 
<< I think my strategy is a bit more conservative than what you're suggesting.>>

I don't really see it that way. To buy a lot of stock very early in the game is far more risky I think. Cheaper though. What I do is take a good sized position I can live with if it, say shrinks 50%, and then wait. I may sell some on the run up....I did with MAN but I was by far premature in my sale and missed a big move. Don't think I will do that again!<grin>

Now that the full story is told, and knowledge is power, I will buy on dips, knowing that MAN is still at least double from here. I then trade in and out keeping my core investment intact. I guess there is some risk in the way I do it due to timing. But overall I feel very safe.

I probably will not profit as much as you but I think my risk is less...anybody see any holes in what I am doing?

wayne
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext