Re: Going for the gold
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The last time I was in it was back in the IPO craze where I turned 2k into 30k in a few of months. I had a few online accounts and was gettin distributed 100-300 shares of most of the ipos.
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That's interesting...
1) As a small-time investor ($30K) you were able to get IPO shares? In today's climate, where IPOs were not nearly as hot, you often need 50K to get in on uninteresting IPOs, and 100K or more to get in on better.
2) If you flipped your IPO shares, then you are much less likely to get future IPO shares...
3) In short, yes, I'm calling BS.
But, whatever, it's your money. Go and mortgage the house, and make a killing. Go for the gold. Good luck.
-RMJ
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