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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (12607)6/23/2004 1:02:04 PM
From: ralfph  Read Replies (1) | Respond to of 108704
 
I am about 30-35 % cash and the rest is in stocks of one sort or another .
Of the 60-65 %
I have about 5% dividend stocks.These are long term puppies I do not play.. unless they become absurdly over valued. I will add to this soon.PE ratios have to be under 12 before I will buy.
30 to 40 percent is PP paper or early life cycle paper that I have taken out with some smaller explorers whom I trust .I contact the company every few months, I will only talk to a Pres or CEO , I watch the burn rate and insider trades. This is the kind of stock I really like to be involved in.
And the rest (which can fluxuate up to 50 % ) is seat of the pants crap that I pick up on momo , charts , rumour and the like.

GNI- This is a Hislop deal . I have brought it up on this thread because of the action and because of the insiders action. It has gone up over a buck in the last month. I would count it as one of those early+ life cycle deals that now has legs. Hislops whole goal is to build a company until it gets a take over offer .He has no interest in running a company long term. He buys stock on the open market and seldom dresses himself with cheap paper. For those of you who like to hold a few swing traders. GNI fits the bill.

Still learning.

ralfph

off to work on my deck