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Gold/Mining/Energy : Tusk Energy (TKE) -- Ignore unavailable to you. Want to Upgrade?


To: kingfisher who wrote (493)5/23/1998 10:59:00 PM
From: Michael M. Cubrilo  Read Replies (1) | Respond to of 1207
 
Richard, I have traded WVE several times and currently hold a small postion at $1.05 As a person who plays the market I try to see where my money will work for me the most and will sell one issue to jump into another if I feel that there will be no changes for a while. Right now, with the depressed oil prices, there appear to be some better investments out there.

Unfortunately, I cannot invest in them all. There are many speculative issues out there right now... Bearcat, Wolverine, Tusk, etc.. hundreds of them. I hold positions in WVE and Diaz Resources. Diaz mostly because Bob Lamont is heading up the company.

I agree that I should be visiting the WVE thread more often. It is tough to hit them all, but a review of my postings will show where I have been spending most of my time.

My previous postings indicated selling 70% of ones position on the rise up is prudent. (It is not a sell 'recommendation' Grayhairs... it is simply a philosopy). This worked very well for me on NRT... if you check the chart, you will see what NRT did after releasing very positive news.

I would not buy 50,000 shares of WVE at these levels, nor of TUSK. I would rather buy 2000 shares of GIB.a with that money or 2200 shares of SCL.b

mike