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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: re3 who wrote (14043)11/4/2000 9:25:36 AM
From: Bill Jackson   of 14627
 
Ike, There are people who specialise in these crippled companies. they are called 'bottom feeders'.
They do an analysis and then buy at 5 cents and wait and see. It is a valid strategy to make money and is like shorting high flyers...in a way. There are funds who do this, called 'vulture funds'. You may recall the vulture funds that bought the Eaton debts and made a good profit?

Bill
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