Arconenergy, Inc. (Long Term Investors and Fundamentals) Message Board

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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals)

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To: RavMan who wrote (299)	2/28/1998 12:49:00 AM
From: Ga Bard	Read Replies (1) of 1757

I disagree for I have an equal amount and I never have all my eggs in one basket plus I have an AMSC of $5.25 on my MIDLP. Why would I want to raise that figure? Presently my P is .15 a share invesment on common so every .15 I double out. Now if you run the math WHy would I want to average up. IF I buy P now I am buying more for over 3 times what my AMSC is and I end up reducing my capital gain in October. Also the common is what makes the P valueable not to mention at the target I have of 10 to 20 baggers I can get back initial for min. shares.. I average total cost of P and common together for an AMSC of .31 nor do I want to sell the P to get back my initial. I have a lot of this stock in all three. Now why should I just lock into the P??? that is not a savvy investors strategy. I want to be able to sell some common at my high target which I have set for this investment and not 35 at a time either. Simply trading and diversification of my portfolio. I have more P than most do. I think maybe two others have the amount I have. Happy Trading GaBard PS If everyone thought that way the common would be at . .05 and the MIDLP would be at $50.

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