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Bullboard - Stock Discussion Forum Bridge Resources Corp V.BUK

TSXV:BUK - Post Discussion

Bridge Resources Corp > Increased my holdings in BUK
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Post by banjo2 on Aug 22, 2011 9:50am

Increased my holdings in BUK

The reason I more than doubled my position this morning in BUK is that it is the one company I could find that has the lowest downside and a considerable potential upside. With such volatile and declining markets this was one of the safest and most promising stocks I could find. GLTA
Comment by Toasted2 on Aug 22, 2011 11:01am
Well Banjo...Perhaps you should take a few night basic finance courses....You're either smoking the good stuff or haven't got a clue what you're doing...You said..."this was one of the safest and most promising stocks I could find."...Pardon?IMO you can throw a dart at a board and more than likely hit a safer company than this. You also said "lowest downside" ...more  
Comment by cottager97 on Aug 22, 2011 11:31am
Well said toasted !Russian roulette might be a safer game...I pulled the trigger on this one last week,but its currently 3% of my portfolio and hoping if and when it pops I can head for the exit..safety is hard to find these days but IMO best to look at PM's or mid to large cap minors if you need to sleep at night...frankly if your sitting on more than 5% of your holdings in a place like this ...more  
Comment by Toasted2 on Aug 22, 2011 12:22pm
Elephant Balls? lolActually, I don't think its balls...I think anyone with too much BUK has "Rocks their Head"....I put in $6k last week...If its gone its gone...but with the assets BUK has...I think the risk is well worth it.As for safe?....Well that's another story...People just have to keep it in perspective...T2
Comment by All(in)Idaho on Aug 22, 2011 2:22pm
This post has been removed in accordance with Community Policy
Comment by Babu2 on Aug 22, 2011 3:28pm
I am in. Good luck all.
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