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Strategies & Market Trends : Ride the Tiger with CD
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To: AuBug who wrote (122048)7/7/2008 11:00:45 AM
From: Veteran98  Read Replies (5) of 313967
 
Not a comment on GXS but a general comment on the resource market. I've been around for quite a while and have seen many surefire stocks supposedly going to the moon end up in the toilet. Most of the substantial money I've made on the juniors was by selling to soon. Early in my investing(??) days I've got bitten in the ass more than a few times by holding on or even adding to what looked like a great story only to see it come crashing back down to earth. Not saying this is going to happen with GXS but I've learned my lesson. The junior market is littered with trainwrecks and although there are always the 1-1000 that defy the odds and become overwhelming successes the odds are against it and what can go wrong usually does. There are a lot of eyes on GXS and it looks like it could do well but I wouldn't bet the farm on GXS. I also wouldn't bet that GXS is an undiscovered situation that will rocket higher as the world finds out about this undiscovered situation. Everybody that wants to know about GXS in all likelihood already does. Of course all of this will change once they drill and the results come in. It's always worth one's while to pay attention to contrary opinion although one might not like what they have to say and like Swampy says there is always two sides to every trade.....
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