Keith, I would also like to hear more about individual stock picks. However, AIM really wants particular parameters, and I tend to look at historical charts to aid me in my choices. Also, as Tom often says, you have to pick a company that will be around in the years to come. As you read over my web page, you can see that my initial AIM investments were LOSERS that I wanted to start to manage properly. In my pre-AIM days, I would choose stocks that were recommended by an investment newsletter, and often these stocks would start to go down soon after the recommendation. I would of course sell the losers and hold the winners, as most would do. Once I started to investigate AIM and all it could do, I decided to increase those holdings to the recommended levels.
With regards to my investment in Wendys, (updated after my latest sell),
elnet.com
this stock was recommended by the newsletter, and I suspected that it would start to decline as soon as it was recommended. That, in my opinion, is an ideal scenario for AIMing a stock, so I bought it. Unfortunately, the stock just started going up, and I haven't had a buy yet. Now, I never thought I'd be bichin' about a stock just going up, but if I had a shrink, I'm sure he would blame Mr. Lichello for that one!
Sincerely,
RFH |
