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Strategies & Market Trends : Rande Is . . . HOME

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To: patwrk who wrote (7426)5/22/1999 6:15:00 PM
From: Rande Is  Read Replies (3) of 57584
 
Patwrk, Unfortunately, many readers on SI often put 50 percent or more of their entire portfolio into a single non-reporting OTC in hopes of winning the lottery. It often takes many months or even years for them to recover from their losses.

Remember 90 percent of OTC is garbage. . . and 90 percent of the remainder is clueless. . .that leaves about 1 percent worth owning. Certainly many more than that go up in price, but the risks outweigh the rewards in the views of this and Fishing thread.

As a rule on the HOME and FISHING threads. . .[right in the header]. . .we PASS on 100 percent of the non-reporting stocks. . . This makes us correct 99 percent of the time and that is better than making gains. We make gains here dozens of ways. . .Our long portfolio has been good for about 165 percent in the past 5 months. The position trades have yielded many 5 to 10 baggers this year, with dozens of 2 to 5 baggers.

Those gains are perhaps unprecedented on SI, considering the single most important factor that sets this thread apart from every other. . .and that is our loss record. Honestly, I don't know where to begin on losses, because I can't think of any off hand.

Our win record is very well-known. But it would be fascinating to know what our loss record is. Anyone here want to report on the thread's "official" loss record since it's inception?

Rande Is
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