CASPIAN - 2005 Year of Growth - Serious Discussion Thread

Tommo41 I echo your comments but maybe things will take a turn for the better.This year has proven that you must not have all your eggs in one basket.Spread your investment over a few stocks.For example,If you invested in VOG as well as csh then on balance you could still be in front on the year.I still think that CSH could show a good profit from todays SP,for it wouldn't take much good news to send us back towards 10-15p.I know this still does not sound good if you bought most at 25/35p but if you believe there will be a recovery in the sp,as I do,then you can bring down the average price you paid and then it is not as huge a climb to get back to level.I did buy some in the 40's,but I have bought a lot more between 8-10p,so if there is any recovery in the sp I will hit profit a lot quicker than I would otherwise have done.
If you don't believe there will be a recovery and you are not prepared to risk anymore,then you should sell and draw a line underneath it.By some of the comments on here it looks as though a lot of people did put all there eggs in one basket,that is not just unlucky,it is bad investment practice.I have made more on VOG than I lost(paper loss as I have not sold) on CSH.I have also made more on PRTY than my paper loss on CSH.You have to spread your risk no matter how good the story is on one stock.For 2006 pick 5 or 6 stocks for your portfolio thus spreading the risk.If 2005 has taught anybody anything it must be to spread the risk.
Merry Xmas to all who still hold and let's hope for a better 2006 regarding CSH.

RP.