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Non-Tech : The Woodshed

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To: tyc:> who wrote (36088)1/1/2006 10:22:41 AM
From: orkrious  Read Replies (1) of 60903
 

You raise an interesting point perhaps worth discussing.. I don't think it think it reflects on CC's prowess at all.

I think it has more to do with the understanding that you get the best percentage gains from cheap stocks.


That's true when it comes to a contest like this. However, in the past, someone would have picked CKG by now.

Incidentally, if that is true, should one really "hang on to your winners" ?

Yes, in a bull market, especially if you believe this one is in its infancy, strong stocks often get stronger.

People lose faith in the premium built into higher-priced stocks. A stock price falls when that premium falls, even though the intrinsic value remain unchanged.

I think that depends on where you are in the bull market and what kind of market it is. In the precious metals arena, there are going to be many big finds that get bigger. Reserves go up as PoG and Pos go up, just because it becomes more economic to mine them.
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