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Re: Bull Trader post# 475

Friday, 02/16/2007 10:36:41 AM

Friday, February 16, 2007 10:36:41 AM

Post# of 2015
You're going to ahve to work very hard to convince that Russell isn't just typical pink sheet crap with too many shares out, trading for a fraction of a penny, and currently going through the pump before the dump.

As with all of these types of plays, money can be made if you are a very very nimble and very very attentive day trader, but it is light years away from being an investment. Almost all money on these types of plays is made by insiders dumping their cheap or free shares.

If you want to make a real investment, there are many many better plays out there. I bought an initial position in GEM.V this morning -- a low grade but easily minable U deposit to go along with their gold and diamond properties.

My other U holdings are STM, MGA, FSY, and PXP, and I am also closely looking at FCO, JNN, ALZ, & RSC.

LC

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