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Pastimes : John Dessauer's Investors World

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To: dave glissmeyer who wrote (1871)11/26/1998 8:58:00 AM
From: Diogeron  Read Replies (4) of 2346
 
Well, I hope you are right, especially about CPPKY. Of course, if people on the thread followed JD's recent advice about CPPKY, it wouldn't matter to them materially because they would have sold it at .375, a recommendation which I found fundamentally irrational and, subsequently, one which I ignored. I don't pretend to be a sophisticated investor, but common sense tells me that when I have a stock purchased at 10 (at JD's advice), and it plummets to .375, it hardly makes much sense to sell at that point, especially when Thailand looks like it is starting to recover.

Anybody else do the same with that recommendation on CPPKY (ignore JD's advice)? Incidentally, I've about doubled my money since then. I think it closed at .750 yesterday! Man, there's one to celebrate over the holidays.
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