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Gold/Mining/Energy : Games Trader

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To: John Paquet who wrote (777)6/25/1999 6:23:00 PM
From: goldsnow  Read Replies (1) of 1239
 
But $600 it is rather hard plus you have to pay % commission each trade.>>>

Now this concept of Solos escalating from level I to level III, and the world never met Solos IV in person yet..now that requires a rather thoughtfull response....Let me lay down a foundation for the anti-Solos undemocratic movement..

Lets see if I sell Velvet as suggested at $4.80
(we would ignore that one does not sell what would be $7 stock, unless need bread, and further ignore that normal semi-astute trader would have sell it at $3, and surely at $3.70-where it was strongly recommended to you)

Now one would have to pay at least 1/3 of the proceeds to the Gvn...making comission mute point...Now that is simple arithmetic...
4.80-1.60=3.20....Or even better 1.60 X thousands of VLV shares to be waisted in Kosovo...

So on the second thought I would not sell Velvet at $7, I shall wait another 4 years and confront this delemma when it is $20...

More on this important subject later..

PS. Buy Essex should be above 55c very shortly...

Keep ideas coming...Solos movement is spreading

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