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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: mph who wrote (19796)	2/24/2000 10:09:00 PM
From: Cheeky Kid	Read Replies (1) \| Respond to of 63513

Applying that rule does not always work. Many made millions on Bre-X only to ride it right back down to ZERO. I remember hearing on the news an older gent in BC who rode millions of dollars of Bre-X down to ZERO, then put a bullet in his head. Sungold is another, people held for years, some 5 years, many in major profits when it hit 19.50C now .60 cents US. Applying that concept to OTC stocks is a recipe for disaster. Some will make it big, most won't. Buy and hold is the best way to make great returns, but it doesn't apply to all stocks. I never seen anyone go broke selling a stock with a profit.