Slick I love that post and "Think I’ll don my helmet and guards...

  1. 401 Posts.
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    Slick
    I love that post and "Think I’ll don my helmet and guards after that."
    Some good points in there, but your comment "For those who sit and hold like a statue to a stock that ranges considerably is both lazy and irresponsible to your capital."

    I hope that one is not entirely true as a prudent long term holder monitors every thing he or she can about the company and does everything they possably can to see if anything changes, and if anything adversely changes that was orginally part of the fundermental reason for the original investment, then one should beat a hasty retreat. So thats the reason that I don't hold too many stocks as monitoring becomes too much work

    "Risk can be greatly reduced by concentrating on only a few holdings" quote from Warren Buffett.

    Another quote from Warren Buffett is and one that I really think should apply nicely (time will tell) to Imugene is;

    'The advise "you never go broke taking a profit" is foolish'.

    any way as you said I do hope you had you helmet and guards on
    FP
 
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