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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (37361)9/3/2003 12:26:35 AM
From: TobagoJack   of 74559
 
Hello Pezz, Today's Report:
I dumped, without ceremony, my stake in the future of guns, Metal Storm uk.finance.yahoo.com , perhaps temporarily, for AUD 0.51/share.

The share was bought here Message 19140734 <<Jul 24, 2003>> for AUD 0.42, thus netting 21% in not so many days.

I figured, without spending too much time on it, that I should take profit while the taking is still good, and I probably can buy back in at cheaper price within a week or two.

Besides, the gun has an issue I am confounded with. At millions of rounds per minute, it would require 4000 troops to support each gun operating soldier, plus necessitating a supply train stretching a few hundred kilometers from wherever back to the beachhead.

Chugs, Jay
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