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Gold/Mining/Energy : Donner Minerals (DML.V)

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To: Buckey who wrote (2886)1/12/1998 12:49:00 PM
From: the Chief  Read Replies (1) of 11676
 
John it appears you may be suffering from a "fungus"!!!!!!!!

Like a fungal infection, stock buying can also spread. Even 10 is too many junior stocks. I never, never, never carry more than three.

My approach:
If a fantastic opportunity arises, I evaluate that opportunity against the 3 stocks I hold. If it is a better opportunity than what I own, I sell one of the three and buy the other(even at a loss). If I can't force myself into selling one of the original 3 then I don't buy #4 no matter how good it is( because obviously deep down I feel the other thre are better). Yes, you miss some, but its a good way to evaluate what you hold at any one time.
Juniors are just to volatile to own more than three, IMHO.

Lastly, What is the "BONk message", that you refer to ??????

papa smurf

aka

the Chief
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