The answer is still blowing in the wind.
http://www.citizen.on.ca/news/2006/0316/Front_Page/047.html
Ciao,
G.L.
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Monday, March 20
Inex or why you should never panick
by
gileblanc
on Mon 20 Mar 2006 06:40 PM CST
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ca:iex First picked for my dad at $0.80 (Remember insiders were buying at this price). Then, IEX went to $0.40. I told myself that at this new level, IEX could not be a bad deal. After all, IEX share were trading at 50% of the price paid by insiders. I decided to picked a block of 50,000 shares for my dad. Then it went below $0.20. Dad broker told us in December that may be we should take your lost on this one. No way ! I remembered what Buffet said. There is two rules to remember to be a successful investor. First, never lose money. The second. Never forget the first one. Have a great week. G.L. |
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