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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange) -- Ignore unavailable to you. Want to Upgrade?

To: Brian P. who wrote (2416)	4/23/1998 11:50:00 PM
From: srvhap	Respond to of 2841

<<Where to now with this loser that I wish I had never heard of? Should I sell and cut my losses or tough it out? Where do we go from here?>> Brian, I think that must be your own personal decision. I personally would look at what I paid for the stock. If I purchased the stock at a much higher price - say 10.5 - 12 and it was a margin purchase, I would look to lower my exposure to the margin debt. If you purchased at higher levels in cash I would ask myself what are the "sure" bets I see in the market at this time. Anywhere in between, I would recommend holding and watching. Personally, I think this is gonna settle in the 6.5 to 8 range for a while. I am not a seller/nor a buyer here. Bottom line if your on margin, and the debt is greater than $100.00 per month and your loss if you sell is less than $1000 I would sell. Otherwise, I would say hold unless you see a sure bet. Of course this is just my opinion. Tom