bbruin,
Your commentary: << I did not blindly follow BB's picks (OK, except 1 when I ripped the fax alert from the machine, bought the stock within 30 seconds and made $0.50/share in 20 minutes. A self-fulfilling prophesy? Of course, but I only have so much will power not to try something like that once!) Most of the time, I would get the picks, phone my geologist broker and we'd make a decision. I can't remember 1 in which we didn't make money.>>
I have been a follower of Bob's advice for a number of years, but always have the same problem. In order to get a decent return on these stocks, you have to buy quite a few thousand shares. At the commission rates charged by most discount brokers that deal in Canadians to U.S. citizens, $.50 profit doesn't net much if anything most of the time. Do you have a broker here in the U.S. whose commissions are low enough to allow 5-10,000 shares or more to be traded without the commissions eating up the profit? Would appreciate any info.
<< My only (but big) mistake was in being a greedy pig and not cashing my chips in sooner. >>
Join the crowd!! I watched my B.B. portfolio drop from U.S.$500,000 to $163,000. in six (6) months for just that same reason. Stupid me, stupid me!! I should have just watched my 10/20 day MA charts and pulled the trigger, but greed overcame me. Never again... I hope <G>.
Thanks for any info and best wishes,
Marty |
