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Gold/Mining/Energy : Net Shepherd Inc. (WEB) on ASE
WEB 27.990.0%Oct 11 5:00 PM EST

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To: Bruce Little who wrote (360)8/31/1999 12:57:00 PM
From: WhatsUpWithThat  Read Replies (2) of 1252
 
FWIW (I know, you didn't ask me), I'm still confident. I once looked on this stock as a quick multiplier, and it hasn't been that...but I believe in the plans and believe the company when they say there's a lot going on that just hasn't completed yet.

I now hold this one a bit longer term. Some stocks you might jump on hoping for a quick 20%; this one I believe will provide significantly higher returns (multiples of my investment) but over a time frame measured in months, not days or weeks. If I don't see significant price movement over the next month or two it will not worry me.

As a matter of context for my comments, I typically sell stocks that drop a predetermined amount below my cost. I have no interest in riding out down trends; better to cut losses and move on to make money somewhere else. In this case, however, I feel there's too much chance of missing out on what I believe will be a sudden move up when it comes, and I'm confident enough to hold this stock though my average price is (unfortunately) much higher than the current price.

Not hype, simply MHO.

WUWT
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