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To: Jurgis Bekepuris who wrote (16949)5/1/2003 11:44:24 PM
From: Paul Senior  Respond to of 78507
 
Jurgis Bekepuris: re: "buy elephants, buy mice, buy them all!"

lol! That does seem to describe my style.

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I don't mind holding "dead money" stocks with their potential intact if the alternative is having losing stocks on which one gives up hope of recovery. A "no-gain" is better than "a loss".

In looking at the "opportunity cost" one endures by hanging on to a stock that goes nowhere, sometimes one forgets that yes, the money could possibly be employed better or for faster results elsewhere, but sometimes too, that "elsewhere" opportunity turns into a loss. And in the past couple of years there have been so many losing-stock opportunities.