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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: CpsOmis who wrote (82949)12/28/2000 10:06:14 PM
From: Razorbak  Read Replies (2) of 95453
 
El Capitan Cosmo, Re: Impending BOD Position in PEX

Cosmo: Since you admittedly have a LARGE stake in SMOP :), and said stake is admittedly undiversified :(, your downside risk is still quite significant if this deal doesn't go through, despite the recent run-up which has obviously accrued to your great benefit in the last few days.

Question: Have you considered selling at least some of your shares to reduce your exposure and turn some of those paper profits into cash?

Just a thought. Remember, no one ever went broke taking profits.

Best regards (and congratulations!)

Razor (not a director yet, but still heavily SMOP'ed) <gg>
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