re: bet it goes back to .06 Hi mookie, I try not to ramp JUM,...

re: bet it goes back to .06 Hi mookie, I try not to ramp JUM, just pass my thoughts as no one else seems to provide info on it. My other main speccy at the moment is EPT which I picked up a bunch at 16c about 18 months ago...but sold 2/3rds of them between 80-90c and still hold 1/3rd of original holding for the long term.

Other recent just over 12 month speccy plays but sold out last few months were GLB..bought 36 and sold 52, GTM bought 4.6 and sold 7.5. Both dissapointed me in the end though. GTM may have a chance if the banks stop (or finish) selling down. GLB prob needs another 12 months.

About 12 months ago I cashed out a few beauty 12 month speccy plays including FTR (now WCG) made 300%...wish I still held though as would be closer to 800% now, RKN 500%, LOK made 650% mid 2003. Did well on HDR and BSL but sub 100% wins.

I've had 3 disasters over the years ...DID, ( BMC) now HYO, OEC (OEC may be a goer again soon ..) but the losses of these have been far far outweighed by the wins. My theory is if you can only loose 100% of your $$$, usually closer to 50-70% though for a disaster (i don't believe in stop loss)...but you can often make 500%+ in a good speccy win. 1 good win 500% will pay for 5 loses of 100% if you bet the same amount which I generally try to do.

Played this for about 7 years now and has worked well for me, initially traded with a portfolio of about 20 speccy stocks, usually sub 20c but more focussed now generally 2-5 speccy 12 month plays at a time with a lot more $$$ in them. Waiting for June to see if any bargains around from tax selling...

My wife holds the conservative blue chips and has held them forever....boring but safe for her...they not been doing too bad lately though.