SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?


To: Elizabeth Andrews who wrote (12705)2/25/2000 9:21:00 PM
From: Bill Jackson  Read Replies (1) | Respond to of 14627
 
Elizabeth, There are people who make money daily on Yahoo, overvalued as it is. Some people like the action and can spring from harms way with assorted derivatives. Some say Yahoo is undervalued a few times a day and for $7 a trade they buy some and then sell a bit later, depending on their sense of wave action on the sea of shares. Some win, some drown though.
PFG lacks the trade volume and tiny spread so it is a bit harder to make abuck that way, but I bet some do it.
The test of a good investor is to see who can make money in all kinds of markets and not just look for undervalued situation as thet depends on information that others lack(insider as well as analysis). Now there are so many people doing analysis that theyir decisions affect the share price as they decide to buy. The sum of all the knowledge is that PFG is worth what is trades at and may well do a lot better.
Bill