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janet,I just hate to pay a high price

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sumisu Member Level  Sunday, 09/23/07 10:16:27 AM
Re: janetbg2 post# 9
Post # of 25 
janet,

I just hate to pay a high price for any stock. Aquiline Resources might go a lot higher, but so will other stocks.

I prefer a stock under $3 with good management and potential.
Mathematically speaking, I figure that the potential multiple of a stock at $2 or $3 is much higher than a $9.80 stock.

BUT Aquiline might have the goods to go much higher. Yes, last month was a good time to buy at $6.50 and that's why it's always good to have cash on hand.

I will keep track of Aquiline and might buy 500 shares on a big dip.

What are your thoughts?

sumisu



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