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 : SOUTHERNERA (t.SUF)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Confluence who wrote (4667)10/9/1999 3:09:00 PM
From: teevee  Read Replies (2) of 7235
 
Confluence,
I thought you of all people would know better!! The analogy between SUF and Cdn 88 is indeed strong. They both serve to illustrate why retail hamsters are suffering paper loses after having bought at significantly higher prices. The level of due diligence that only goes as deep as reviewing company news releases, annual and quarterly reports, comparing this sort of "data" with peer companies and of course, the "blue sky", will invariably cost retail investor's money (How often have you heard or seen "I just don't understand why this stock is so cheap...look at the fundamentals....when the market finally wakes up....this stock should be trading at two to three times the current price"....and on and on go the harpings of shorn sheep and squished hamsters). The strongest analogy between SUF and Cdn 88 is that the captain of the good ship Cdn 88 also needs to replaced by a new skipper, but for different reasons, although just as compelling. Neither SUF or Cdn 88 are near their bottoms yet and IMO, the prospects for a turn around and more importantly, a share price recovery, appear to be very long term.
regards,
teevee
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext