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JustForFun7

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JustForFun7

Re: Doug Hauser post# 5751

Thursday, 10/25/2007 7:16:03 PM

Thursday, October 25, 2007 7:16:03 PM

Post# of 36151
Doug - Golden Phoenix

Hi Doug, yes I have looked at it and have chosen to go with WEX the junior partner instead. I thought there was more value there but most people own both WEX and Golden Phoenix. I am gaining more respect for Phoenix's management every day now so I don't think you can go wrong there with either one. Both are about 30% off their July highs. The dispute is dragging down their prices. Why shouldn't we take advantage of it. It would have been better to have been late to the party on these ones since I am under water on WEX but you picked the right time to consider getting in.

JFF&

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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