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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (120282)6/25/2008 12:39:47 PM
From: AuBug  Respond to of 312821
 
Absolutely, different strokes for different folks. I just can't forget my area-play experience in Voisey's Bay. I made money because I bought Diamond Fields for marine diamonds in Namibia before they resdiscovered the Voisey's bay gossan for the third time and the stock went to the moon. I then bought all the juniors surrounding DFR and lost a bunch of money. I know coal is different in that they cover larger areas. But, when the air comes out of a penny-stock the bids dry up and I won't be able to hit the bid with enough shares to exit my positions. With a larger cap stock like GXS.v I can move more cash in and out faster. Liquidity is extremely important when you've known what it feels like to not have any.