GBG gindalbie metals ltd

massive after close trade, page-10

  1. 11,142 Posts.
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    another thing I wanna mention to you guys , is many people often quote warren buffet, when he says buy stocks when everyone else is selling and panicking and sell them when everyone is buying and in a mania over a stock.

    Yes that's right, but he wasent talking about small cap mining stocks like eg.gbg when refering to his starategy mentioned above, he was talking about the 500 stocks in the S & P 500
    , quality bluechips with billions of $ cash on hand and solid earnings over many yrs, they are the stocks you buy when people are selling in a frenzy and sell when everyone wants them, not stocks with a market cap of less than say $300million or stocks with - EPS over many yrs.



 
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