To: tinsoldier who wrote (2239 ) 5/10/1999 9:34:00 PM From: Bill Fortune III Read Replies (2) | Respond to of 2994
Good evening Tinsolider. I personally have had the chance through different channels to be involved in five private placements (PP). I have chosen to participate in only 2 of them. The other 3 did not fit into the scheme of my personal investing. The point I want to make here is that when one becomes involved in a private placement, they are taking a huge chance in loosing all their investment. A far greater chance in most cases then buying a stock on the open market. You and I both know that investing in a BB stocks is as risky as taking a hit on nineteen and the dealer has a four showing. And it is even worse for a PP, like taking a hit on twenty. Tinsolider, I respect you investing prowess and would suspect that you realize that when a poster such as myself is taking a positive stance on any given stock, they do have an ulterior motive in doing so, they most likely own the stock and want to see it go up. So with the in mind one should take anything they read on these threads in that light. The one think that I never do is to put down a stock, hell if I don't like it I just sell it and remove the bookmark. All information found on any thread, is suspect at best no matter how well intended and that includes anything I post. As I have posted to you before and call you friend, I offer this in that light, I hope you will take a time-out and smell the roses. Don't look at the darn stock price daily but rather once every couple of days if you intend to keep RDIM or any other stock for that matter. If you happen to be long on this or other stocks, let the hand play out, or fold it to relieve the frustration. Wishing you and everyone else the best my friend, Bill Fortune III