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Gold/Mining/Energy : Chesapeake Gold (CKG.V) -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (537)5/15/2003 1:12:33 AM
From: Elizabeth Andrews  Read Replies (1) | Respond to of 7835
 
Tice is making a long term bet on CKG management. That will likely prove to be correct. But in the mean time, the stock might trade at $2. Tice won't give a shit because he bought for its position not its price. You, my boy, have to buy for price and position or be stuck in things for the long term. Tice wasn't an insider when he bought the stock and if insiders provided him with the opportunity to own then he probably paid full price as insiders always know what's what. Now that he's an insider does he care that he paid too much? You will never know that feeling.