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Gold/Mining/Energy : Casavant Mining Kimberlite International (CMKM) -- Ignore unavailable to you. Want to Upgrade?


To: Janice Shell who wrote (1971)4/20/2006 11:06:03 AM
From: StockDung  Read Replies (1) | Respond to of 2595
 
THOMAS HEYSEK ON CMKX:

Earlier this year, I researched a company called CMKM Diamonds (CMKX.PK). I came up with a number of valuation
ratios you’ve illustrated in your weekly articles. I bought 4 million shares of CMKX.PK at $0.0001 per share. Total
investment: $410.95, including the Ameritrade (AMTD) online commission.
In the last month, the stock has risen to $0.0005, and now stands at $0.0004. I am at my Exit Strategy, ahead by
over $1,200. But I don’t want to miss out another move upward. What would you do…?”
-----------------------------------
Dear Triple-A: The most frequent mistake individual investors make is selling too soon, not riding the winners to
even higher price levels like institutional investors do. This is not necessarily true in Penny Stock investing. These are
small risky markets --- and let’s face it, on CMKX, you just got lucky. But hey, that’s okay too.

Message 22373948