RE: NOW IS THE TIME TO BUY.4 Sep 2009 14:00
I've bought and sold a load and tripled my investment four or five times (ORE, WTN, CRND, LPX, NGL) but I'm always too cautious and probably sell too early, I hold none of those now. I've curbed this but have yet to see too much and never recycle the shares that I hold as I'm not involved enough to pick the moment correctly. I've got a load of PMK and LGO which I've resisted the urge to top-slice but I have to admit I miss the adrenalin rush of investing too much for a quick gain. The last time I did that was with ADSL where I made 150% profit in an hour! Oh how I wish I had another of them at the moment!!!
RNVO is fjp's tip for a big future earner. Market cap is only 70% of cash balance which is ridiculous and they are in the midst of phase 3 product testing. Only thing I'm sceptical about is that they rejected an offer for 10x the share price, why didn't the buyer just hoover up the shares as and when they became available, there never seems to be a shortage.