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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?

To: Tom Esau who wrote (4044)	11/17/1997 11:39:00 PM
From: Tomato	Respond to of 26850

Tom, I learned from my first grade arithmetic teacher that if I invest (don't think they used those terms in 1st grade- but you get the drift) $1 in something, than the most I could lose was $1. I think that is still the case. I think that's true of any stock investment, unless you're short the stock, in which case the sky's the limit as to how much you can lose. When WSP was at $4.55, I don't think anyone who was long the stock thought it could possibly hit $2. When it was $2, nobody could see it at $.66 or whatever the low was. Probably nobody can see it at zero- but it's a possibility, isn't it? If you're so astute about investing, why don't you tell me what you think the risk/reward of WSP is, instead of taking a cheap shot?