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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH -- Ignore unavailable to you. Want to Upgrade?

To: Just My Opinion who wrote (2036)	7/8/1998 10:16:00 PM
From: Ditchdigger	Read Replies (1) \| Respond to of 3817

Thanks for the lesson al,I'll remember that while I'm spending the profits from the last flash run from .16 to .24...;^) Let me refresh your memory,I laid out my plan in an earlier post to you.. To: anyone (1799 ) From: The Ditchdigger Tuesday, Jun 30 1998 6:58AM ET Reply # of 2037 <I am here for the long haul> I don't understand why the "longhaul" can't included stepping aside at .25 and stepping back in at .16, a savings of 36% losses? Isn't that rational decision making? Sell 50K shares for $12,500 and buy back the same shares for $8000 if you still believed in the stock?This would equate to $4500 savings(on the way down) and the ride back to .25 would result in a $4500 profit,resulting in a 56% net profit. If you bought originally at .31,your break even point would be at .22.I don't agree with the stigma you place on traders(day,shorterm or midterm) vs. longterm holders....DD