ICGE: Your record for being in these stocks when they pop (pop up that is)is, in my opinion, excellent. ICGE is worth a shot for someone who wants some very good action and the potential for some quick profits. That's me. Unfortunately...
1. I seem to be selling too low and buying too high when I am in some of the same stocks you are. Might be helpful to others here if you could post a little sooner. Like about 2 weeks ago when the stock was at 40 (half of today's price). Wouldn't do me much good probably, since I'd be to scared at 40, 80, or 160 (price two weeks from today given continuation of pattern).
2. Once again it's an employee thing with me. 45 employees and their website says they help all kinds of companies in a bunch of different ways. That, I don't believe is possible. Although they've got all kinds of internet partners and investments. Which makes them hard to evaluate but a great dream stock. But yikes... 45 employees and a $10 Billion dollar market cap.
3. I keep forgetting my little rule: Don't buy any company where the number of SI posts is a bunch greater than the number of people who actually are employed by the company. (SI posts: 405.)
I'm still sticking with LPGL which I've mentioned I think once before when it was LPGLY. An insurance company selling below book value, paying a 4% dividend yield, with a large amount of money invested in a number of silicon value start-up companies. It should be safer, although perhaps less profitable an investment, than ICGE. In this market, and given your past successes, I'm not about to laugh at your choice. Maybe just a little grin though -g-. Paul. |
