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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: ddl who wrote (19302)5/11/1999 11:54:00 AM
From: Paul Bilecki  Respond to of 26850
 
I thought I just did. Unverifiable....remember those words. I qualified my blurb from the beginning.

As I said, I am hoping for better things from WSP as well, but they need to find the source or prove tonage they have and a consistent grade.

Many wise diamond investors would rather sell before the news comes out. In other words they sell on the anticipation run-up and buy back after the news is out if it is excellent, if not they will wait till the stock overreacts with the bad news and buy it back then.

You could miss out on a two dollar per share appreciation immediately when the news comes out, but it is a much safer bet to play it this way.

That is all I am saying.

I am going to enjoy this anticipation run-up and I am going to sell before the news comes out if i can time it properly. I will buy back at the appropriate time, which could be a much higher share price, but that is the way i play and so do many others.