Southern Metals - SUH.V (formerly Aranlee Res. - ARB.V) Message Board

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Gold/Mining/Energy : Southern Metals - SUH.V (formerly Aranlee Res. - ARB.V)

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To: Ron Pitts who wrote (36)	1/2/1997 10:45:00 PM
From: Kenith Lee	of 254

Hi Ron, I have no problems of taking your approach. I have already done it and put nearly all of my American dogs to sleep last year. I made a lot of money on most trades but held on too long on the dogs. I was playing the 10% rule. The sad thing is- I did not apply the rule to losers. I kept think there will be tomorrow. So the losers are way more than negative 10%. I saved only one for this coming year tax loss. There is no hurry to sell this one since it is already in the cellor. I also found out the best way to save face is to execute electronic trades on your own. I remember I used to let some options expire rather than to salvage what's left especially those that I've bought within hours and days. Since then, I execute my orders through Schwab electronic order. No more talking to a live person(s) to sell them at teenies. Why CNP? I looked at it several times and wound up buying ARB. I should have look less and buy ARB sooner and cheaper. Am I missing something? Let me go pull the CNP brochure out again. -KL

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