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Gold/Mining/Energy : Infowave Wireless Messaging IW:TSE

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To: David Patrick O'Connor who wrote (1511)4/2/2000 2:47:00 PM
From: axial  Read Replies (2) of 1690
 
David - Just some second thoughts on your post. I wouldn't wish to engage in a debate defending IW. My feeling about stocks is that they're like used cars, houses, and many other things - there's always another one. Despite the heavy losses suffered by IW, I have been trying to make a rational evaluation of my investment in this stock.

One of the things that has always stuck in my head is an old thought by Mark Twain, which I'll paraphrase:
A man never makes just one mistake. He always, on realizing his first mistake, overreacts, and then makes a second mistake.

You didn't make a mistake, but I did; I didn't sell a portion (1/2) at the peak, and now I'm way overweight in IW. (But I've still tripled on the year).

My only question now is "Should I sell, or wait it out?", before re-balancing.

I dislike stock "boosters" and I wouldn't want to be seen as one. I have made what I hope is a rational analysis of my position - and my position is that Infowave offers the chance at superior returns.

Tonight I'll go into more depth on "Why?", and I hope no one minds the thoughts.
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