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Omni -Lite Industries - OMI International Road Dynamics IRD

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By Jimbo

Posted: Sunday Jun 8 4:44:51AM 2003

Hi Lizzy I am thinking the same way,right now I have to hold,I purchased shares last year 5 times with an average cost of $1.84 a share. At to-day price,cannot afford to sell and might consider buying more to lower my average cost. A few months ago,I did contact the company and was advised that they are still in a good financial position and are re-investing in the company and will start to show an upward swing in the future.(Did know when the future would be though) I always liked the company,but how long can you wait for your portfolio to improve? With what is going on with Sars,Mad Cow Disease,and the West Nile Virus and the poor stock market what can you do?? I can wear a mask for Sars,I can stop eating beef and I can empty the water in my bird bath,But what can I do about the stock market? Good Luck Jimbo

By lizzy

Posted: Sunday Jun 8 3:15:53AM 2003

I have a few shares in OML. Not sure if I should cut my losses and move on or buy more and hope it will move up. I am in the same boat. Liz

By Jimbo

Posted: Saturday Jun 7 6:32:03PM 2003

Hi Is anyone holding shares in these two companies,besides me? Both last year appeared to be good investment opportunities and although news is positive on OMI and IRD,their share value has dropped considerably and does not show any signs of an increase in the near future. I am a victim of my old habit of holding shares too long and not taking a profit when the profit was there to take and hopefully the market will turn and I can recover my losses before selling? Thanks Jimbo

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