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Gold/Mining/Energy : MGI Software (MGI on the TSE) -- Ignore unavailable to you. Want to Upgrade?


To: jim who wrote (454)11/16/1999 9:21:00 PM
From: Jim P  Respond to of 553
 
Little j jim, I agree with you. I have played this one when it was trading for over a buck, then just over 2 bucks then just over 3 bucks up to 6 bucks. I now own it again. What all the flipping has taught me is that if i had kept the shares I owned at just over a buck they would be worth more then all the money I have made buying and selling other stock.

I constantly have to remind myself that if i sell at, say, 12 what will I buy with the profits that has the potential MGI has? The bottom line is that I believe MGI will surpass 20 bucks over the next 6-12 months therefore what ever I buy has to make me at least 8 bucks a share in the same time period....I can't think of anything that fits the bill can you.

Jim