Replies to post #318 on Agro Sector Ideas

[gfp927z]

>> love affair with a turd <<


Yep, I know the siren call that microcaps can have on our psyches. Looking back, many microcaps I thought were promising ended up disasters -


Cortex - now called RSPI (sub-penny)

Polymedix - bankruptcy, now IPIX (4 cents)

Reeds - REED (15 cents)

Orchids Paper (bankruptcy)

Senestech - SNES (50 cents)


Luckily I didn't invest much in these, but the logical conclusion is to follow Warren Buffet's sage advice and mainly stick with index funds. I figure using a $1000 limit will keep the lure of microcaps safely within the realm of a 'hobby' :o)




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