18.10.2010 - Minerals boom reminiscent of dotcom bubble
From Theaustralian.com.au: Patersons Securities adviser Tony Locantro was telling his clients on Thursday not to be afraid of selling. He says it's dotcom bubble deja vu all over again as the market booms. "My phone conversations are similar to 1999 and 2007-08 before the GFC really hit," he wrote to clients on Friday. "Yesterday I had to fight a client to get him to sell his Independence Group (IGO) at $7.10 that were purchased in the IPO at 20c. Again it proves that the lessons from the GFC have not been learnt.".............................................Full Article: Source
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