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Strategies & Market Trends : Making Money is Main Objective

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To: Softechie who started this subject10/9/2001 3:22:12 AM
From: James1000   of 2155
 
Portfolio update:

I have joined StockJungle so that people can see my 50%+ annual returns. Really I shouldn't and don't care if people know my gains or not, but it seems to be a good way to put your mouth where your money is:
stockjungle.com

MDCI:
It was a great run and certainly a fast run considering I started at $7 just a few months ago. However, revenues are not growing fast. The company's margins will level off. Either they will have to start growing revenues faster or they will simply grow slowly as they have in the past. I would value MDCI around $16, which is about where I sold my position. A pricetag of over $20 will leave MDCI looking overvalued in about two years. Congratulations to everyone who saw this star.

NEW STOCK!:
This is a real high-tech play. It doesn't make semiconductors but it does sell cement. Their is nothing bad that can be said about CX. Everything but a depression will at least double this one. If not who cares with a 4% dividend.

HGMCY
This is the only gold stock I would consider and it is a true steal. It is valued lower than the industry average for no good reason. Popular picks like NEM and AEM are very overpriced. This one will probably get bought out because it reminds me a lot of FFD.

MU
I am still short Micron. This one is a total absolute loser. Wow. What a loser!

LAMR and CMLS - who really cares about these short positions when their is Micron.

BEAV @ $4. That one was my best ever gain last week. Too late now though.
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