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Re: surf1944 post# 1337

Wednesday, 10/25/2006 1:08:09 PM

Wednesday, October 25, 2006 1:08:09 PM

Post# of 17016
Surf, I really liked your analogy and would like to complete one thought. Refer to the sentence " ...but most all do this and if you are in one you loose most of your investment". Yes we all have bought "dogs" which I always keep at least one in my portfolio to remind me that I didn't choose wisely. Now, lets just talk about Unico for this example.

Yes, if most of us sold Unico today, our investments would be a total loss. Then that loss should be declared as a tax loss at year end close out. However, since Unico has been expanding their mine operations for the last two years I assume that's why we are all here. We as investors bought company shares to help the company raise money to expand the mill operations. In my mind that equates to a company loan. If I'm patient my loan will be repaid after the mine is back in full production with a bonus. And that bonus is the entire reason why I'm here. The key word is "patience". If I cannot afford to wait for my loan to be repaid, then I should not of chosen this type of investment.

For further clarification on this topic google: The 4 Phase Lifecycle of a Stock by Clive Maund dated May 8, 2006. The article will explain why company shares rise and fall. These comments are strictly my opinion and yes we all have one.

Am'still Long & Holding Strong


Beware Bull's Ready to Run - Before investing $ do your own dd. All posts are my opinion.

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