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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: Babe' Boua who wrote (23835)1/19/2003 10:03:33 PM
From: Win-Lose-Draw  Read Replies (2) | Respond to of 25548
 
My decision to hold my entire Medinah investment was a wise decision

interesting. you feel it is intelligent to hold a stock through a 99.9% decline. i've known a few people who have done that, but none by active choice. and you are certainly the only person i have ever come across who claims it is a "wise" thing to do.

is this a general investing principle of yours, or is it Medinah-specific?



To: Babe' Boua who wrote (23835)1/19/2003 11:05:37 PM
From: Win-Lose-Draw  Respond to of 25548
 
My decision to hold my entire Medinah investment was a wise decision

what wisdom went into holding for a 99.9% loss? is this a strategy you apply to equities in general, or only Medinah?



To: Babe' Boua who wrote (23835)1/20/2003 12:02:22 AM
From: Win-Lose-Draw  Respond to of 25548
 
babaricco's feelings...

I have never sold, traded or flipped any shares in my entire Medinah position at any time, ever!

when informed his investment is down 99.9% he replies...

My decision to hold my entire Medinah investment was a wise decision…

now if we could understand - if we could get babaricco to explain what is "wise" about holding an investment for a 99.9% loss - we all might learn something new about the equities game...