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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC)

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To: ahhaha who wrote (251)6/2/1999 8:36:00 AM
From: SgtPepper  Read Replies (1) of 587
 
ahhaha, I appreciate your "strike day" explanation. I don't write options, and seldom buy them, but will keep this in mind.

As far as OTC-BB stocks go, it is what I call "spike trading", not an excersise for long term. Average holding time is usually less than 2 days, unless I make a mistake and don't get out soon enuf. The mistakes I hold for a year, because every spring the "mistakes" come back to life. Example, ARET: bought 18 months ago avg cost 5 cents. Should have sold. Fell to .005 in December. Now at 0.13 and recommended by many internet newsletters this week.
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