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Gold/Mining/Energy : PetroQuest Energy, Inc (PQUE and T.PQU)

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To: Bob Jagow who wrote (208)4/11/1998 12:41:00 PM
From: Jane Hafker  Read Replies (1) of 686
 
John, so you sold at a loss. I see selling at a loss as what smart money does to get a tax loss use the money to make money somewher else and swoop back in when the loss period turns around.

All I'm saying is that this apparently is absolutely not on its way back down. Nor can it stay here. So..

Just look close. I wish I had sold at a loss for a year then I could have put that money to work.

Then, if it doesn't go anywhere after all, you're already through the worst of it. But you can still make as much money in the stock as you would have, you'll just have two small commissions you wouldn't have paid staying in. In other words, the company has not done you that much wrong if it ever goes back up. You will do yourself wrong if you don't look close in case it is going back up now. And perhaps to stay up and continue.

My regret with my current investments is that I DON'T get the guts to just sell them and move on. Therefore, I'm stuck in stock limbo.

But a lot of very wealthy people have also been stuck in stock limbo for a few years. It's called.....INVESTING>

:)
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