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From: | "David Ling" <seechoke@hotmail.com> |
Date: | Thu, 24 May 2001 07:41:24 -0000 |
As an investor with many years of hard learnt lessons, I have observed the bullish comments on Frucor in sharechat in the last three months since the first downgrade with considerable amusement ... all the classic investment mistakes that can only be made by amateurs who fancy themselves experts have been repeated time and again! I can only repeat my advice - don't touch Frucor until you see the first profit upgrade from this company. You would have had more fun burning your funds invested in this stock dollar by dollar than watching it go down the proverbial! As they say in the trade - The easiest money to be made is always going to be from the new arrivals to the market after a Bull Market (we had one in IT stocks over 1999/2000 before it crashed). Defination of a Bull Market? A random market movement causing an investor to mistake himself for a financial genius. Sounds familiar, doesn't it? _________________________________________________________________________ Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com. ---------------------------------------------------------------------------- http://www.sharechat.co.nz/ New Zealand's home for market investors ---------------------------------------------------------------------------- To remove yourself from this list, please use the form at http://www.sharechat.co.nz/forum.shtml.
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