My picks for the week:
Four strong Monday picks I own: ITRU, FIRE, SCII and my largest holding, PUMA. At 17, I own some IDCC too and will add more later in the week if it drops further; I would not be surprised to see it dip below 15 next week, but expect it to return to 20 the week after, with a shareholder mtg coming up 6/2 I believe.
At 5-1/2 and a downside of 5 (IMHO), I'm holding IISX. Perhaps my weakest holding is INSN. At 8, it could drop to 6, so if it doesn't move up Monday, I'll ditch it.
China plays? I bought GIGM and TIPS, but will abandon both without upward movement on Monday. Though I didn't buy yet, GRIC might be good for one last pop to 12.5 or thereabouts, Monday only.
Sometime Tuesday, I expect to be 100% in cash... but expect to be loading the boat with IDCC on Friday.
I'm 100% invested right now, looking for a Monday rally; Tuesday should be a flat to slightly down day.... and Wed through Friday will, IMHO, suck. |
