<<Not a lot, but definitely nibbling.>>
I may nibble a little next week. Heck, if thurs and fri are this bad, next week could bring some very cheap prices mon - wed. Lookin at SUNW under $25 SNDK under $25 and a few others.
may grab more qcom, jdsu and rmbs if they drop them a bunch more. may grab more extr if it see's mid twenties. Also, a few inuts are on my watch list.....some are so cheap, it's almost stupid not to buy at least a few shares. I aint talkin flowers.com.....halfway decent inuts that have the ability and likelyhood to be profitable within a year. heck, many are trading so cheap ya may as well grab some shares. may have to wait awhile for a comback, but for some inuts that were $200 and are now .25cents to $3 or $4, that we know will be around...or I should say, "should" be around(aint nothing certain in this market), I think it would behoove us to grab at least a few shares of some of these co's. I aint a big fan of icge or cmgi and etc....but heck, for a couple bucks a share, I may just have to buy a little and forget I have it......look in 5 years or so and see where we are at. If they go under, so what........my jdsu and rmbs can move a fraction of a hair and cost me more then what what a couple hundred shares of icge would lose me if it went bankrupt...I guess my point is, maybe pick out 5 - 8 inuts that are so cheap it's ridiculous. Pick ones that are at 52 week lows, but have a chance to be sucessful sometime down the road....Buy a little of each. If 5 go bankrupt and two make it, my guess is the two that make it will see rather nice price increase percentages....more then enough to cover a $2 stock that when bankrupt. heck, take a look at some of these......You can buy some of these suckers for $1.....as I said, My jdsu farts, and I lose more then a buck.
JMHO, which aint worth much
keith |
