To: francis terry who wrote (13 ) 5/12/1998 6:30:00 PM From: Dusty Read Replies (1) | Respond to of 295
Francis, You presented a good post and make some very good points! This sell off might not be what any of us would have chose, but we can take lemons and make lemonade; buy more shares cheaper. I am certainly not down on or lost faith in Largo, not by a long site. She is still the Crown Jewel of my portfolio. Just because the short traders decided to give LGOV another fling, don't mean the party's over, no not by a long shot! LOL The day will come when Largo will be a fully reporting company and will spread before the investors a real feast of delights. She will be presented in all her glory and there will be no more cause for doubt. Till then we are at the mercy of short term traders and market makers. In the meantime, if the wait becomes more than anyone can tolerate just sell and wait to get in later. No one is holding a gun to anyone's head. I don't say that to be sarcastic just realistic. Some people just can not sleep nights if they have not seen the numbers and anything else the company has to offer. Now, I tell you I had an experience that is chilling, I bought into a company over 2 years ago called Pinnacle Micro (PNCL) at 11.75 I was sure I was on the way to building a strong portfolio with this company. Well long story short; it is now trading at .26 cents! Remember, this was a fully reporting company and listed on the NASDAQ no less. I share this to make a point. There are no guarantees in life and especially in the world of investing. It should be called Investment Gambling to be accurate... LOL Things can go wrong and the price of the stock mean nothing;unless of course you can just loose more... :o) So, I got it figured this way, check out the story and use common sense and don't over load your donkey... Long and Strong, and Cheer Leading the troops! LOL Dusty :o)