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Vedanta - Indian Mining Co.
graham101 - Fri, 22 Dec 06 :
I am sorry if some of the readers of this board are offended by my posting and I can assure you that I meant no offence, nor did I mean to imply that the posters themselves were sad. What I think is sad is when I read day after day that people must be losing money or seeing any profits shrink. OK, so the P/E may be very low and they may be massively profitable, however, the market says they don't care about that and other factors are knocking the price down day after day. If the stock is so cheap then why is the price falling? I realise that my line of reasoning may be incredibly simplistic but, like all of you, I am in the market to make money, pure and simple. If you are emotionally involved with a stock then you should keep your money in the bank. You may all think my trading strategy is crap, and that is fine by me. However, if you are happy to watch your holding drop in value then you stick with your strategy and I will stick with mine and we will see who does best. Please don't be offended by someone suggesting that you might like to make money rather than lose it.
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