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Gold/Mining/Energy : Copper Fox
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To: dsikorsk who wrote (9097)1/15/2015 3:14:21 PM
From: sense6 Recommendations

Recommended By
brundall
CanadaGrant
Hog Head
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Metacomet

and 1 more member

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Gaining the benefit of the experience of/with CUU management, while risking an ownership only in an "interest" thus far... without it actually costing anything other than a bit of time and effort, yet... would make the average non-shareholder / follower both the smarter/wiser and (other than the salaried insiders, the institutional participants, and the day traders and shorts) relatively by far the wealthiest of all the CUU market participants ?
I'm glad to count myself among that camp of non-holders, with an "interest" in following the CUU "story", that has not meant personally taking or realizing any of the downside in the $ risks.

The intrinsic assumption in yours... that there is any element of personal honor in being a steadfast holder of an under-performing loser... is advocacy of gross error that is every bit as much of a problem in the market, in seeking to generate willingness and passivity among a population of sheep for the sheering... as is the overt practice of market frauds...

In the markets, winning the $ race is what counts the most... winning the trade is the proper metric... both in the short term and in the long term.

Mine isn't advocacy for cynicism rather than realism...

Whatever weaknesses do exist in the systems of markets as we have them currently constituted... and there are many... the one persistent and unavoidable truth that stands out like a beacon among the legions of story tellers... is that in spite of the yardage in the yarns being spun by perpetually optimistic managements, there is always a solid connection to reality in the score card...
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