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 : ASHTON MINING OF CANADA (ACA)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: simon sichewski who wrote (2113)9/13/1997 9:09:00 AM
From: Jadrew   of 7966
 
Ashston to Aber

Simple Simon, I'm not in Dreamland. The current stock price represents at best a 20% chance of a mine. I assume you can do the math.

What I was referring to was your payoff matrix: Upside potential vs Downside on shorting. Gain maybe $3 versus "potential loss" of 10 times that. But,of course you would cover your position with only a minimal loss if the price was to rise. Wrong. You would hold on thinking "its going to fall because I don't like this company" until the margin call.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News