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Non-Tech : InvestRight Club Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Sprintcar who wrote (827)	3/16/1999 5:21:00 PM
From: Jeffrey L. Henken	Respond to of 2662

Now you need to set a goal for your position. I know you like XNET. It looks like a great company and it could be a terrific stock but no one is likely to buy at .40 again. So you have some more questions to ask yourself. Suppose XNET does go screaming back up? How much gain is enough to sell 1/2? What if it starts trading lower again? How much loss is too much pain to accept anymore losses? On OTC BB stocks we have to be prepared for tremendous volatility but if you watch things carefully and dispassionately you might just end up making money. This thread is dedicated to finding long term investment opportunities in the small and micro-cap investment world. It's for investing your fun money only. Sure there could be big money made on some stocks but don't risk what you cannot afford to lose. I personally have married far too many stocks only to be disappointed. Invest as I say, not as I do! Thanks for listening. I know I'm largely preaching to the choir. Jeff