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Strategies & Market Trends : Three Amigos Stock Thread

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To: somatics1 who wrote (27474)12/9/2001 10:20:04 PM
From: Sergio H  Read Replies (5) of 29382
 
George, I understand "modest" account. You have to start somewhere. Right now I manage a few accounts, modest and not so modest.

In the modest portfolios I tend to break the golden rule of investment and place all of the funds in one investment at a time. I put the bankroll on what I consider the cheapest fundamentally solid stock that I can buy and hold looking for at least 25% return. I am willing to wait for that 25% return and don't want any risk at all. The more modest the portfolio the less you want to gamble because you can't afford to be wrong.

On MTNT's business plan, maybe I am underestimating the general public, but I bet that most people that are playing this stock don't understand MTNT's financing (or lack thereof) or even that MTNT isn't involved with XMSR any longer. Am I wrong on this?

Sergio
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