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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)
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To: Nathan Hansen who wrote (652)2/18/1999 11:43:00 PM
From: Tupulak  Read Replies (1) of 1208
 
Nathan,
IMHO you will never make money in the stock market if you buy what everyone else is buying. At this price for TCT the worse that could happen is the close the doors. I am 99% sure that won't happen so the best, at these prices, is when some analyst notices that they are going in the right direction. Then writes a recommendation about the stock the price triples or more.
All it takes is going against human nature. Buy what no one else wants and sell it to them when they want it. It is very easy in theory, but is very hard when you see your stock dropping like a stone not to join in the panic selling. Don't be a sheep and follow the crowd.
Curtis
P.S. If you think this is bad look at the Oil and Gas stocks.
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