American Eco (ECGOF, ECX on Toronto exchange) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joe Hoek who wrote (2302)	3/30/1998 5:22:00 PM
From: Jimbo Cobb	Read Replies (1) of 2841

True, but I normally buy enough different stocks that I can handle the pain when one of 'em goes down hard....as long as the fundamentals appear intact, I am more inclined to BUY MORE at lower prices rather than to set arbitrary stop-loss points...I always figure it's better to buy low than to sell low, right ?? If you are trading paper instead of investing in companies, and making large "bets" on a particular piece of paper, then I can understand the "cut your losses" philosophy. I have sometimes taken large losses by riding stocks down, but I have plenty of other cases where I've made so much more by holding and adding to the position....I'm not saying one way is right and one way is wrong. Honestly, I don't know enough about ECGOF to really make a strong fundamental call one way or another...the numbers look compelling, but numbers can deceive. It would not be a very large position anyway, so I could handle the pain if it dropped. Happy Investing !! Mark.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next