Actually, you did an excellent job yourself. Though I hope for UTEK to be a nifty 50 stock, I tagged the price at the low 40s. Given the present tech sector environment, I like your figure better.
Yet, with no debt, 2 growing business sectors that will or already dominate, they are treated like a bastard child at a family reunion.
This stock just jumped to the top of my liste as the most misunderstood and undervalued stock I am aware of. It took a great deal of nonsense by the market to knock WFR out of the prime position.
WFR had been #1 on the list for months with no other stock even coming close. After today's bloodbath, UTEK waltzed in to 1st place.
The last time I held shares in UTEK at 28 and watched it go to the teens, I made a promised it would never happen to me again. Well, it happened in the very low 20s but there was cash on the side. It is now time to "go for it". Make or break time for me. I looked at my portfolio and calculated the upward potential of all my holdings and decided now was the ripe time for UTEK or BUST.
No Debt, market leadership, cash value, cost effectiveness, sector dominance, and a very attractive takeout candidate at these prices.
I am already in the pool and have been there for some time. It is time to go off the deep end. When it comes back, the pay off will be dramatic. IF it does not, then I am finally put out of my misery in this stock. Sort of like the last defiant act......
Andrew |
