Post by
christo on Oct 02, 2002 9:42pm
cbd
Been doing a lot of dd on gold explorers lately and always seem to get back to Cumberland as a top pick...-thinking of averaging up(fwiw never lost money averaging up but averaging down has usually been a disaster-just like the textbooks suggest)-but have a hard time pyschologically averaging up after following a stock for so long (and seeing how cheap one COULD have bought it).I followed wheaton river and vengold down to the 6 to 8 cent range but didn't buy any of each because ....well I saw it at six cents and I'll be damned to buy it at o.16,0.24 1.25 12.00 or whatever....big mistake..other stocks that look good as averaging up for me include SUF, tnx,and on the averaging down(f#ck the textbooks) side-CDR,ITS,FWR...etc.etc.etc.. hey am not spamming-do your own DD...Anyone know whats happening with WMC and their committment(or lack thereof)to property?