IDC indochine mining limited

Thanks max for your very insightful thoughts of what I tried to...

  1. 858 Posts.
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    Thanks max for your very insightful thoughts of what I tried to explain to you BUT I think I must have been speaking to someone not quite as intelligent as I thought.

    To make what I said even simpler so that the lowest common denominator can understand, I'll try one last time. I bought cheap and I bought very little $'s worth compared to the rest of my portfolio (but I bet I own a hell of a lot more than you!), the $'s spent is thus insignificant to me! Hence I can afford to hold until they're worthless, the most likely scenario, but it allows me to still cop any upside if the unexpected occurs and they ever recover (highly unlikely IMO).

    This is not a common position, plenty have only 1 or 2 stocks and this company may have represented 50% of their "investments" when they bought in following all the flamboyant predictions by some of the seers on this site. And many of then cannot really afford to lose their initial stake, those in that position should cut their losses, learn a lesson and run for the hills, no get rich quick here. Then again, if you like a bet on the horses and money is no problem nothing wrong with having a cheap punt, just don't spend all the housekeeping.

    Trust you understand now, bottom line is if you don't know much about the market and you can't afford to lose then please ignore the optimistic (in the extreme) words of posters such as nectar who've been saying forever either under the name of nectar or dirtminer (just why did he change names here but not on that other site?) that this was the greatest stock ever, it's not, and those who've paid through the nose believing all the hype and getting in early will lose bigtime!
 
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