Fellow TrickleMavens,
All high-flying trickle companies are being shot today because ABI warned. Interestingly, ABI's PEG ratio is less than 1 at these prices and Trickle will buy some here. IVGN, WAT, MDCC, could come down to similar valuations; I will wait before nibbling anew on those. Since funds can't unload all in one day, I'll nibble 100 ABI shares now, and possibly another 100 in a couple of days. Also trying some DPII shares here.
As I write, ABI is at 20. DPII at 5 1/4. I'll take 'em here.
Wondering what BDAL management might say in a while. They have not tempered their outlook, so my guess is that the MS market is still strong and that ABI is looking for weakness in other areas, since spectrometers aren't the only instruments they sell, and instruments aren't their only business. Nevertheless, BDAL is getting creamed, too. Trickle nibbles another 100 shares at 9 3/4.
Cheers, Tuck |
