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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (56645)8/15/2002 12:09:25 PM
From: electrodude  Read Replies (1) | Respond to of 62347
 
You have to consider a stock that, even if it would move up by 90% would still be selling below its net current assets, as exceptional value, especially when
these assets are cash.


Actually, I could only consider that an "exceptionally troubled" company with further skeletons soon to be revealed. Enron seemed to be quite a bargain too as the stock "irrationally" tanked long before th truth was revealed



To: Claude Cormier who wrote (56645)8/15/2002 12:12:34 PM
From: Frank Pembleton  Read Replies (1) | Respond to of 62347
 
Diversification or did you say diworsefication? The two areas you should be interested in is precious metals (which you are) and biotech -- I noticed you dabble there.

Energy? Hey man! I'm from the West - I love oil, gas, coal and uranium - and I don't have a dime in the sector. Why should "alternative energy" stocks do any better when the low cost providers are getting killed?

Your timing has been spot on in regards to the gold patch - and I highly recommend your newsletter - you might rethink your position on energy.

Regards,
Frank P.