Golden Eagle Int. (MYNG) Message Board

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Gold/Mining/Energy : Golden Eagle Int. (MYNG)

MYNG 0.0700

+5.7%

Feb 21 4:00 PM EST

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To: Michel Grenier who wrote (8884)	7/8/1998 11:04:00 PM
From: s martin	Read Replies (2) of 34075

Important point, too many people think they are being "loyal" to the company if they don't sell. They cast aspersions at those who sell as if they are not being true to the team, when in fact investing is not a team sport. >>Now a word on daytraders and other investors. Any investor who does not buy the original shares when they are first offered publicly is like a daytrader. Initial buyers finance the company, they provide capital for the company's capital investment and for their initial operation. When you buy after that, not a penny goes into the company's coffers, you do not contribute anything to its actions, it is pure speculation based on your estimates on the company's potential earnings. The price per share influences only the shareholder's wealth, not the company's. <<

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