Update to the message to which this is linked, obviously selling PCTH was too early...I guess when something reaches PE of 20, it still tends to run up some more as people discover it...and bet on growth. I am not particularly impressed with PCTH as a grower, but I dont want to visit that thread an sound like sour grapes. In my mind I've replaced PCTH with OREM, which isn't exactly the same business, but at least is fairly close to where I am, and I can visit plant someday and go to annual meetings--with aerospace booming, you have to have something which is exposed to it. OREM, Oregon Metalurgical produces titanium sponge and aerospace related and trades at PE below 12...with earnings besting expectations recently.
Getting out of Pakistan was good trade, very sharp selloff on PKF. I have bought Taiwan Equity Fund...used to own it and now it is at $10 down from $14 when I sold it. Korea is basket case, so glad I never got in there, but may start in on that one. Got out of GZTC, waiting for it and VRGN to go lower, following the biotechs down recently. Finally, I dont follow S3 or MACR anymore, still watch Sybase and TDFX...and that's pretty much all I follow. Dont know what to think about amd lately, always wanted a sexy stock like that, but who knows, probably kinda risky. |
