Maxim Resources Inc. V.MXM

RE: Desjardins and anonymous Sellers

[Pennypicker4]

You're making the assumption that "they're good investors" and have made a profit.....this may or may not be as they could just as easily be taking a loss as Maxim shares were in the 60's and 70's a year or so ago. I agree with what you did selling FM at $7 when you'd paid $2 even though it subsequently went to $50 as you made a 350% profit. The problem many investors suffer from is that when they see a good profit, without realising it they get greedy and hang in for more.....the bottom then falls out as it does in 90% of the TSX Venture Stocks and they're left holding the bag and usually the only winners are the promoters. The secret is to pick the Stocks with a REAL STORY such as we see here as we already know there are SEVERAL PAYZONES and there is a lot of substance unlike many of the typical Pump and Dumps. Anyone selling now has not allowed the Trinidad story to unfold and I'm betting its going to be really good but that is just my opinion, nothing more ,nothing less.