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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (8394)8/3/2001 10:12:21 AM
From: Kerm Yerman  Read Replies (1) | Respond to of 24922
 
Hi Buckley (John?)

Take some advice from an ole O&G guru- take some profits now (sell on the news). You are into real speculative holdings which you have made some money on. That doesn't mean dump the shares, just retrieve your investments into them. Reserve the profits in the form of cash for investment a bit later in the future. That would be a great time to upgrade your investment portfolio.

I'm happy to see you have made some money. But keep this in mind, these investments should be considered short term speculations - for the most part, situations that are not sustained. If you haven't seen it yet, be prepared to see share dilution as small successes need to be followed up with larger investment and cash flow can not support it - thus more share offerings. It's important that you time the taking of profits and next, establish your exit strategy.

That's it for this time - til next time
The Korner Guy