ABC - Abacan Resources, Nigerian Oil $$$ Message Board

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Gold/Mining/Energy : ABC - Abacan Resources, Nigerian Oil $$$

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To: FoxyLoxy who wrote (2419)	1/23/1999 8:00:00 AM
From: pete meyer	Read Replies (2) of 3156

No sarcasm intended Foxy, and I don't day trade. As I have stated many time in public and private I believe the most successful action in stock investing generally is to keep 40-50.000 shares long term because I believe there will be a payoff.I also also buy 30-40 when prices became ,what I feel bargains, between .35-.45 CDN.I use these bargains to take profits of 20% or there about, generally this takes 3-4 weeks to achieve. I don't mind telling you that it dosn't always work as cash needs to be moved around and margin calls.The fact that I keep 50 for long term keeps me from trading short. which I don't feel comfortable about as I honestly believe that we will hit that 2.00+ level at any time, as you know that ABC can move .30 in a day when on fire. Hugs and Kisses, may be my sense of humor as was the last time, however as long as you drape yourself in you cloak secrecy and not use your real name on you comments, I really can't take you all that serious. You may need to settle for for being just a washroom wall writer when not using your real ID . have a nice day ...efficiently yours pete

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