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Re: designerportfolio post# 8075

Monday, 10/23/2006 9:57:12 AM

Monday, October 23, 2006 9:57:12 AM

Post# of 87494
Designer, there are times when I could have saved money by selling and there are also many, many times where I would have lost money had I not held!

Dips are normal, and in pinksheets, wide dips happen all the time.

I held AURC at .18 and it fell to past .10. I eventually sold in the .30's. I have other stories.

Bottom line is that at times you win and times you lose. The 8% rule is a Buffet rule meant for a different type of investment. At times it may prove true here, but just as oft, it will not. He is correct however in the NYSE. No question about that.

Best wishes.


All of the opinions expressed here, inclusive of all my past, present or future post, are mine, and mine alone. The opinions expressed are not a buy or a sell recommendation. Do your own Due Diligence.