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Gold/Mining/Energy : Microforum (MCF:TSE)

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To: Mike Perras who wrote (183)	12/22/1998 11:26:00 PM
From: Buckey	Read Replies (1) of 3896

I made a few mistakes on BII but I also made some good moves only learned thru experience. It relates to MCF as I lost money on MCF But I would still buy it again and likely will - One thing I have decided to do for new year is to keep the profits in stock rather than cash. even a 2k trade netting a 20% profit in two days - keep the 20% as 500 shares. A derivation of the ole sell half on the double.. On BII the quick low down is I bought at 2.79 and sold the next day at 2.49. My next buy was at 3.79 the day it went to $5 - I sold at 4.54 I think. The next morning it hit $6 very early as you likely remember. I was in and out a few more times for not much on a net basis - The lesson learned was - dont worry about where it was - Only where it is going - A year ago I would have never dreamed of buying aa stock at 3.79 only a week after selling it at 2.49 I could Buy MCF again - It might be at .50 ( lets hope not) or if I like whats happening I might buy it at $2 ( lets hope so)

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