Strictly: Drilling and oil-field services Message Board

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

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To: AltLar who wrote (4421)	12/4/1997 9:47:00 AM
From: freeus	Read Replies (1) of 95453

JUst my two cents worth. And as bad as I've done it probably isnt worth much more. I had a wonderful run up in UTI and FGII I took some of the profit in UTI (glad I did) and bought it back at 30, thinking that was the low. It wasnt, but I'll probably see another run up to 40. I didnt take my profit in FGII and wish I did, could have done the same thing, bought it back lower and rode it up. I dont think stop losses are good because if your price misses because of volume (probably not too likely in these smaller volume issues but a possibility neverthelss,) you can end up selling for way lower. A mental stop price is better and then be strong and sell at that price. I hate taxes too, but a gain with taxes owed is far better than no gain. freeus

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