Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: sand wedge who wrote (28455)	8/27/1998 1:52:00 PM
From: SliderOnTheBlack	Respond to of 95453

Sand Wedge - I wsn't responding directly to you ''personally'' ...my point is what type of ability does it require to pull a number out of ones ass on calling a bottom on say FGII or FLC at $9-$10 ? My entire point is every issue boils down to risk versus reward. I ask the world ! - With FGII at $24-$28 in a down enviroment and at $40 in a positive momenteum enviroment and with its long term growth prospects what kind of damn risk vs reward, suicide am I looking at with FGII at $10-11 ? $30 upside vs. $1o if it goes to zero ! or $30 up vs. $4 to another 60% fall from here - that no one in their right mind is calling for FGII... Am I really as crazy as some may think ? This is one of the alltime logical/mathematically conservative bets based in historic crude oil averages - the emotion and investor sentiment has clouded reality for many - because funds have a cash run here and are puking & dumping stocks to raise cash - doesn't change the pure mathematical reality here... Those that can keep icewater in their veins while the rest of the world is puking and running in fear & emotion will gain historic returns imho...time will tell.