agm/pen - my views, page-26

a truely valued post hangy. first class. 11 out of 10. took you some time, didn't it ?

much appreciated is your input altho not a pen holder. a watcher yes, but just that atm. doubt it will get much lower but watch the mkt cap for a reality check. not the price. 3 cents can be expensive, $30 bucks cheap, so the saying goes, and true it is.

mkts are frighteningly confused day by day so 40's not reading much into any moves worldwide apart from short term ones. more the tables at the casino atm. more than ever in my yrs of the mkts.

for fundamentalists, the time may be near to look at value and stable companies. that time will imo only appear once we get the first euro member leaving the club. others will follow but that first member leaving will be 40's signal to buy back into the mkt solidly.

minnows are nearly always dangerous animals to play with but as said so many times here on hc, sell half at the doubling of price and sell down further up the ladder. it's a very good 'rule'. don't be greedy. one needs to eat.

make limits to each investment and don't average out unless you really know the worth.

again, a great many thanks for a magnifient scribe. beats the junk we se so often.

be good,

40.