Manhattan Minerals (MAN.T) Message Board

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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: Jeff Dickson who wrote (3035)	7/11/1999 4:38:00 PM
From: Not_Active	Read Replies (1) of 4504

I agree completely ... while holding more than intraday subjects you to news risk in any stock, the risk is magnified in the mining game. This is why I don't think it is wise to hold one of these mining stocks as a major part of your portfolio, as I know some people do. You could easily wake up one day and be knocked to the point where it takes years of saving to recover. Having said that, a balanced portfolio approach can work, but it needs to be balanced across sectors as well as companies. For me, the best (read most peace of mind) solution is to trade intraday or over very short time horizons ... and certainly not across a time frame where I know news is likely to halt the stock at any moment. <<Which is why it is difficult to trade a stock like Manhattan. You can wake up the next day with a company that is suddenly worth a whole lot more just because they poked a hole in the ground. Or a whole lot less.>>

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