SI
SI
discoversearch

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 : WWS.T World Wide Minerals

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: traacs who wrote (392)4/10/1998 1:45:00 AM
From: R.A.K.   of 784
 
Klaas,

A mutual fund sets limits on a stock and once that stock reaches it's sell point then it is sold...No questions asked!!! They don't look at the circumstances that brought the stock price down and they really don't care if they're at a lose because it's not their money they're playing with. The only concern they have is with the funds overall performance, this way they can hype up the track record of the fund and hopefully get more people to invest their hard earned money, thus generating more revenue which results in more income in the form of both Front and Rear end Loads/Fees and also the Management Expense Ratio. Look at the mutual fund selling as an opportunity to pick up some more BARGAIN shares and once WWS breaks through a $1.00 look for the Institutions/Funds to come right back into World Wide and start buying up shares again. Mind you they're going to pay a lot more than $1.00 if they want my shares. TO ALL THAT HAVE BEEN PATIENT WITH WORLDWIDE MINERALS OUR PATIENCE IS ABOUT TO REWARDED VERY HANSUMELY.

Regards,

RAK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext