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Gold/Mining/Energy : MPVIF Mountain Province Mining -- Ignore unavailable to you. Want to Upgrade?

To: james flannigan who wrote (2573)	1/8/2006 1:43:54 PM
From: WillP	Read Replies (1) \| Respond to of 2577

Will,if a stock were to go up ten times does not constitute a sell trigger in my world. Well, I have to confess it didn't for me on a few occasions. One worked. Two didn't. It's a small sample though. To think you are smart enough to predict stock prices in the short term is using the greater fools theory ( and that does not work ) Bre-X learned me a very hard lesson. I know many people who tried to time Aber on its roller coaster run from 50 cents to $50. It worked, some times. As often as not, they bought back at higher prices than they sold. It's worthy of note however that they were trying to nickel-and-dime the price moves, not lock in a tenfold profit. You list five reasons why you would sell a stock. They're fine. If one frequently reassesses his portfolio against those markers, he should make out well. One comment form an earlier post: All I know is I have not seen to many wealthy contrarians in the jr spec game over my years of investing. Actually, I'm sure you have. The whole idea of being contrary is going against the herd. Here's a paraphrase: "Buy low, sell high." If you're willing to see the value in a 43-cent Winspear, or a 44-cent Mountain Province, you'll do great in the long haul. One of the reasons Dr. Vandersande always dropped what he was doing to talk to me was the fact I always touted the brighter possibilities at Gahcho Kue, during the dark days a few years ago, when nobody was interested in the Mountain Province story. (There is no doubt that there were few interested investors: I notice gaps of at least a month in the posting record here, and one posting gap of more than a year.) Regards, WillP