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Gold/Mining/Energy : Thunderwood Resources (T.THS)
THS 18.20+2.0%Oct 31 9:30 AM EST

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To: tide who wrote (26)5/5/1998 8:04:00 AM
From: Brian MacDonald  Read Replies (1) of 36
 
Tide,

Most investors/speculators want to get in a stock the minute before the stock takes off. That's why most lose money. These types of stocks are ones that you buy when others aren't interested, and therefore are at bargain basement prices, and sell when the crowd can't get enough of them.

Always look at the downside risk and upside potential.

THS has been around for many years and has seasoned management. Will they disappear tomorrow? Maybe. But I'll risk that they'll continue on and maybe get 'lucky' as they have worked hard enough that luck is sure to follow.

I see that you blame your broker for your own mistake. How is he/or anyone to know what your intentions are? Did you give him an order to sell at a certain price? Say that you had Diamond Fields and he called you up when it exploded to $3 and told you to sell. What would you have done when it climbed to $160 after you took his advice?
We are the masters of our own fate. If blame we must, them blame ourselves and take the required actions to improve the situation.

Brian

P.S. As to the 'colour' of my report - I own some stock and follow it closely.
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