Hello Pezz, Last Night's Report:
(a) I purchased a tranche of the Canadian variety of Cameco, the uranium company, at finance.yahoo.com CAD 88.75/share. I did so because I have felt naked ever since this silly move with my American flavor of the same Cameco Message 19911658 <<March 12th, 2004>> when I thought the market gods were going to announce, “Game Over, Player Jay”.
I changed my mind about holding the energy miner because I figure the world is going nuclear, one way or another, in modulated or uncontrolled fashion, leading to joy or tears.
Choices are being made the world over, and my neighbor to the north has decided to go up this pathway Message 20481737 , while folks in your direction are still trying to deliberate whether the Atkins diet is good or bad, and wondering if an unconventional war can be successfully prosecuted while busying to pump carbon molecules out of the hostile ground, transporting the same across enemy territory through the use of very vulnerable pipeline systems, and holding the tribes at bay.
(b) I also nibbled at a tiny publicly traded private equity deal in the technology arena at USD 0.94/share. The share price is close to its 52-week low, on sharply decreasing and pitiful volume.
I got the precious name of the company via cyber pal on SI, and the upstanding man had previously guided me to a wallop of killing others in another arena. The man did not tell me anything that is not public and had cautioned me to do my DD. I appreciated the caution, but …
… there are times, critical junctures, when there is simply no time for DD, trying to know the unknowable, and there is only the moments to decide, at the fork in the road, to be or not to be.
In other words, there is only a momentary window to squeeze in, elbow through, pile on, hump away, and then try to figure other the lay of the situation.
Now that I am in, I will do some DD, to infuse myself with a false sense of security, and then may decide to buy more next week.
I will let you have the name next week at some point, after I am done and taking a breather ;0)
Chugs, Jay |
