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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)
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To: keith massey who wrote (2870)12/5/1999 9:02:00 PM
From: teevee  Read Replies (2) of 5053
 
keith,
Very good post. For some strange reason, many people, including fuddle, sell the winners and hold the losers. Even worse, they often average down on the losers. Has anyone seen an explanation for this odd behavior?
regards,
teevee
PS: As an aside, I once met someone who initially bought a Vancouver listed POS at $1.50 and averaged down all the way to $.10 a share. When he approached management and told them how much stock he had, they offered congratulations on buying the company and resigned:-))
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