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Message: buy companies with real resources and reserves

buy companies with real resources and reserves

posted on Sep 20, 2008 12:18PM

"Moose pasture stocks will not recover, ever. Sell them, take your tax losses and buy companies with real resources and reserves."

As taken off the discussion board. This is where MMU and WEL worry some people. They really have no resources or reserves. I think I may stop buying WEL and see how this economy and banking system works out first. What do you think traps about money etc.... Do you think these companies have the goods to stay afloat when money reserves are drying up?

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