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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM -- Ignore unavailable to you. Want to Upgrade?


To: Ed Lamb who wrote (8531)5/26/1999 2:07:00 PM
From: Richard Mazzarella  Read Replies (2) | Respond to of 11603
 
Ed, <<due dilly is to read what the company puts in writing>> Can you make money doing that in spec stocks? I can barely do that with S&P stocks. My experience has spec stocks move on some "whim" and then people sell the news. The trick IMO is to understand the "whim". I actually thought I was being very reasonable with my $6+ price, I've gone through the math many times on this thread. Real speculation (maybe hype) has MXAM at $50/share. We saw calculations for NAXOF and IPM at $100/share posted all over those threads before, right? The dream is part of the fun in stocks where an investor should be willing to lose their investment, the definition. Don't slip away into lurkdom, let's get a discussion going. I have lots of reasons for what I believe my very moderate speculation. Even my "majors" comment has merit, I have never caught Dale misleading me. Sometimes things don't turn out as expected (many times), but then again isn't the game here speculation?