Hi, Tom. While the vast majority of stocks are giving us AIM buys, I'm happy to report that one of my AIM stocks, DROOY (S. African gold mining company) has been recovering nicely and has been giving me a bunch of sells. I started this AIM account back in March of 1997 with a mere 300 shares. As gold and gold stocks continued to tank, I eventually accumulated 6,315 shares with Newport as my guide. The stock eventually tanked to 1 7/16. As of today, I hold 4,215 shares and have an annual return of, GET THIS, 48.9%. I know a lot of people have been losing their shirts on gold stocks, but just patience and AIMing can produce some tremendous results.
At the same time, I hold another AIM stock, IIT (Indonesian telecom company) which has been tanking along with all other Asian issues. I started this AIM account in March of this year with 600 shares. As the price continued to slide, I now hold 2,915 shares of this dog. My annual return on this loser is currently, GET THIS, -88.1% and getting worse by the day. However, I don't think Indonesia will sink into the ocean any time soon, and I will continue to faithfully take Newport's advice. It's just a matter of time before I will be writing you announcing another AIM success. (Just hope I don't run out of dough in the meantime! <G>).
Thanks, Tom, for your continued encouragement.
Sincerely,
RFH |
