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Gold/Mining/Energy : Imperial Metals (IPM.T) -- Ignore unavailable to you. Want to Upgrade?

To: Italian Investor who wrote (454)	6/4/2010 12:28:54 PM
From: Italian Investor	Read Replies (1) \| Respond to of 1366

Did you see this when you went to China collegehumor.com Nothing you do not already know, but just trying to bash the buy and hold forever theory. I think looking @ the biggest loser list daily is a far better way to crush the market than buying a few names and holding for the LT. When you lose 50% you need a 100% return just to get your money back. So, it pays to look for big sell offs that are irrational. Bigger the drop there is on something you should get more excited a 90% drop would give you a 900% return. You only need like 1 winner with returns like that to make you very happy. So if you look @ the low list daily and find stuff like this that has life and you believe was irrational sold off why not buy them and pass up on the stagwarts? PM is not near the valuation level of any of the drillers @ the moment it is @ an ok price with that 19% sell off from there 52 week high. The drillers are @ the 30%-60% range looking @ the 52 week high (Which was reasonably priced not overpriced). The NG/OIL companies I mentioned too you before were in the 60-70% range a week or 2 ago from there 52 week high and much more than that looking out a few more years. No doubt you will make more money in a basket of these names than the stagwarts just have to expect more volatility. 90% 900.00% 80% 400.00% 70% 233.33% 60% 150.00% 50% 100.00% 40% 66.67% 30% 42.86% 20% 25.00% 10% 11.11%