RAMTRONIAN's Cache Inn Message Board

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Politics : RAMTRONIAN's Cache Inn

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To: Jonas who wrote (5361)	5/3/1998 11:18:00 AM
From: Trenton A. Scott	Read Replies (1) of 14464

That's what makes our market: different opinions (and resulting wagers) on the prospects of a given company. There's nothing wrong with speculating on RMTR using a small portion of a total portfolio; however, those making bigger wagers are (IMHO) fools. I do buy small (risky) technology companies in my IRA account, where short term trading suffers no severe tax penalties. Yes, I even owned 4000 shares of RMTR at one time, but I sold at $9 and decided to move the money to another small company with better (and faster) payback prospects. I just didn't want to wait any longer. With my small-cap/short term investments, I cannot afford to hold 4000 shares of dead money for more than a year. Indeed, making big money with RMTR will require accumulating lots of shares at very low price levels and then waiting/praying for at least four conditions/factors to turn in favor of management. I have decided not to participate in this scenario. Regards, Trenton.

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