Imperial Metals (IPM.T) Message Board

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Gold/Mining/Energy : Imperial Metals (IPM.T)

IPM 1.940

+1.0%

Nov 7 3:59 PM EST

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To: Italian Investor who wrote (948)	12/27/2011 4:02:01 PM
From: refugee investor	Read Replies (1) of 1366

Very happy holidays to you too! And I am glad to hear you are doing well. I only have about 5% in BAC (down from 10% due to a collapsing price) so that in itself is not the problem, but the old folks at home have a lot of BAC and I always thought I should steer clear of it in case I had to chip in and help them out some time. Because of them it is the stock I have followed the longest, and of course I think it is cheap, and I would like to buy more, but they are already horribly over concentrated. A no-win situation. Logically if I cannot get around to buying BAC in the 5's, I should put 5% into something with low downside and a decent upside, like Berk, but I have gotten really inactive, where it seems easiest to do nothing. I know that is an emotional response on some level, on the other hand keeping cash does not seem like such a terrible idea either. I missed having dry powder in 2008 and early 2009.

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