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Re: gharma post# 3290

Tuesday, 11/22/2011 6:27:14 AM

Tuesday, November 22, 2011 6:27:14 AM

Post# of 12573
I do agree with you in the fact that he stil has it as a buy, however, he has pretty much everything a buy accept FVI. He siad to sell it off back in the low $5 and it closed in on $7. Don't get me wrong, I made some good money on FVI but if he keeps saying the price of silver is going to skyrocket then why sell a company like FVI.

I deal with mutual fund reps all the time and no matter what the market or economic outlook is, they keep saying to buy because that is the only way they and fund companies make money. When I think about that along with newletter writer's it makes me wonder if they are really just looking out for their own best interest.

Don't get me wrong. I believe 100% if you own good quality investments you should add to your position on pull backs. The problem is most people (like me) don't have an unlimited cash flow to keep adding to positions that continue to fall. Remember, McCoach was calling this a screaming buy at $1.50 as well.

Just my rambling thoughts.
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