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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: Ward Nicholson who wrote (2222)2/12/2001 6:42:53 PM
From: bill  Respond to of 2259
 
Thanks Ward. Excellent advice. Also enjoyed the following
post. Good for a laugh, although a painful one. Five
analysts were recommending Abitibi as a buy just before
it tanked. Must have had a lot of stock to unload on the
suckers. The same with PDG when it was around 26.00.
Buy, buy. And they were selling,selling, selling.

Asked a broker if Gou.pr.a's were a good buy at 2.90.
They were paying over 13%. Response was "we don't cover
GOU. You're better to buy something we cover." Right.
Now there's advice that's so bad that it shatters any
belief in the expertise of brokers.

I still like to read their reports. Sometimes pick up
some information.