Looks like your thread has reached critical mass, Dale. Jeeze, I just sent off my weekly copy for my writing gig and thought I'd catch up here before getting a few hours of shut eye. It took me over 1/2 hour just to catch up on the reading. Worthwhile though--as usual.
I notice your interest has been peaked on ORFR. It sure has been beaten down--with good reason. But they are still in business, are making sales and actually grew rev. last qtr. They seem to have put limits on their liabilities and the stock price seems to have limited downside. I'd feel better if their officers had put some of their own cash on the line with their company at such a "good value." I did get burned on this one once before so I'm cautious. It's not exactly the best analogy but PWAV reinvented itself by getting domestic contracts after its So Korea business crashed. It's gone up several hundred percent in the process.
A company that has a high unit cost but looks like it might be ready to pop again is DITC. It preannounced a mo. ago on dramatically increased revs and earnings, went to over 190 and is back down not much above 100. I don't know if it has reached bottom, but it looks like a good co. and should go much higher. The ??? is "when?"
Something I'm going to try this year is to play some cos. both ST and LT. I did well on initial momo runs of both NETP and ELON. However, I took my profits, feeling pretty cocky as both cos. fell back. Of course, after resting a bit (actually NETP bounced up and down quite a bit), they both rocketed to 50% greater than where I sold the last time. Also looking a SGNT again. It went up to over 30 on some good news and retrenched to barely over 20. Had a nice pop on Fri. WORK--the same thing. I was in both over XMAS and dumped them when they went on a sustained slide. I guess I'd rather book a modest profit than to go underwater. The risk of course is missing the next run.
Richard, our fav. broker DIR might be worth a play. It's been beaten down quite a bit, but I have to believe there are going to be a lot of new accounts wanting to get in on the ground floor IPO action. It seems almost reasonably valued rel. to some of the others. BTW, shouldn't you qualify for the finders fee they're promoting? After all, you are the reason I chose DIR over the others when I switched from SCH. Oh yeah. SCH. It almost looks like a value esp. and with the buyout, it might have turned a corner pricewise at least ST. Any opinions?
OT--You're a couple hours north of Pebble Beach and an hour south of Napa, when you get to SF Richard. Of course, the City and all of its great attractions can easily absorb all of your time on a visit of only a few days. Of course that's easy for me to say, not being addicted golf. <<gg>> Now, if the subject was fishing... |
