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.

Non-Tech : DWLima: Investing for Personal Wealth -- Ignore unavailable to you. Want to Upgrade?

To: dog76 who wrote (40)	1/5/1999 4:31:00 PM
From: dwlima	Read Replies (2) \| Respond to of 245

One favor, dog76, my screen name is DWLima as in "DW" my initials and Lima- the city i live in. i guess i could move to "ilma", but i don't know where it is :) market up and DMRK gets clobbered....means little. would i buy more?....NO.....i would just wait. i don't have absolute faith in DMRK...but i think it is worth placing some money in and waiting until the end of the month. let's say you have $5k to invest. let's assume you stick 1k in 5 different stocks. if only one hits that astronomical 200% return...the others could fall to pieces and you would still be ok....in fact, the other 4 could fall 50% in price- and you would not lose any money. you are almost guarenteed to make money...but, what happens if one of those losers is DMRK and you keep putting more money there....could be ugly. my strategy is to find companies that are solid (or seem to be turning the corner) that are sound internut picks and wait...not buy more or sell any, just wait a short time to see if one will be the next NAVR, BAMM or SKYM...all stocks i had before they went ballistic....and i never was holding more than a few stocks at any of those times. good luck