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 : GEOMAQUE
GEO 14.93+0.6%Nov 12 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TheBusDriver who wrote (218)3/11/2001 11:19:24 AM
From: TrueScouse   of 260
 
Hi Wayne:

I made the mistake of keeping my initial holding of GEO from about 5 years ago instead of selling around 1997 -- so I've had lots of opportunity to average down!

Averaging down only makes sense if (a) you believe that eventually the POG will turn around (which I do, big time) and (b) you can afford to wait. Regarding the latter, the price was so low before I noticed that it wasn't worth selling :^( .... and I couldn't resist GEO at those low levels. So now it's one of my biggest holdings, although I'll certainly lighten up if it pops close to $1.00.

Hear's hoping that the Pd price stays up there for long enough!

Regards,
Howy
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext