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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (457)8/23/2001 12:11:56 PM
From: gold$10k  Respond to of 36161
 
Hi Frank,

I bought and sold RGLD a dozen times or more between $2.40 and $3.60. It was a no-brainer to buy then. I consistently made good money with it and it's fundamentally low-risk, but I wouldn't buy it at these prices. There comes a point where the value investor sells a stock and the mo-mo investor buys it. At that point it becomes more of a tulip. I think that RGLD is there, BWDIK?

Just my opinion,

vt