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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Thean who wrote (2483)10/24/1997 4:09:00 PM
From: bw  Read Replies (1) of 95453
 
Thean...Back into cash for the weekend. As for a learning experience this week that I don't mind sharing..Bought into EGAS on good fundamentals and after talking directly with the CEO. On a down day yesterday, and suddenly realizing that without volume there is no liquidity [overlooked this factor in the equation]..sold for a loss and will chalk it up to experience. Moral...even if a stock looks good [and EGAS may be a winner], try to avoid "no volume" stocks if your goals are short term. Anyway, thanks for your consistently informative posts.... and to all a good weekend!
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