A.I.M. Users Bulletin Board

[Toofuzzy]

Hi Neil:

>>>>>I have two stocks at the moment that are in similar state one is down about 70% the other around 50%. On both I am not going to spend any more and am just waiting for the recovery.
<<<<<<<<<<<<

I have had the same thing happen with Meditrust (now La Quinta LQI)

I started buying at 20 in 1998 and bought down to 8 where I ran out of cash to devote to it. Ultimately it went to 1 7/8 recovered to 8 went to 3 and back up to 9. I could not take advantage of that second dip. I am not supposed to sell till it gets to 10 1/5. When it approached 9 last year I sold some shares to take the tax loss and put the money into RMT. I now AIM LQI and RMT as one account. If I have a sale I will sell LQI and if I have a BUY I will buy RMT (diversified small cap fund).

I have pretty much given up on individual stocks and am putting most of my funds into ETFs. There is enough volitility and less risk.

I think we should be happy with 10 to 20% returns instead of trying to chase 50% returns. But that is just my own personality.

I want to buy from the greedy not be the greedy!

Toofuzzy