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Gold/Mining/Energy : Black Swan -- Ignore unavailable to you. Want to Upgrade?

To: Grant Movold who wrote (3061)	7/15/1998 12:13:00 AM
From: Mohammed Bhimji	Read Replies (1) \| Respond to of 3186

Hi, Heh...that was an very interesting story -- so much truth to it as well... After buying (and subsequently loosing) 90% of my investments in penny stocks, I made a decision never to purchase them again - regardless of the company. Rather you are probably better off to put your money into some of the more mature companies that are recognized in the industry you want to invest in. Sure you spend more -- but you are getting a better quality stock. For instance, one communications software firm that I invested in has done very well over the last few weeks. The gain so far is about 18%, much better than banks and a LOT better than the pennies I bought. I can only hope that one day some of the pennies I own do become valuable so I can sell my position and recover what I can. Thanks for the link! Mohammed