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Technology Stocks : Pixar Animation

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To: spitsong who wrote (3216)11/3/2005 3:38:24 PM
From: spitsong  Read Replies (1) of 3261
 
Doubled down

Using the proceeds from my sale of AAPL last month (on which I gained about 45% in four months, but AAPL has gone ballistic since then, wouldn't you know), I doubled the number of PIXR shares I own last hour. I'm up on the first PIXR batch by about 20% over the past 4+ months, but as my post(s) last night should illustrate, I see a wide-open opportunity for Pixar (and PIXR) to grow from here, and I'm thinkin' that threefold is not beyond the realm of possibility over the next nine quarters.

My second batch was purchased at $52.55. PIXR now makes up more than 25% of my primary retirement (Roth) vehicle, which is a lot, but what better company could I be a part of?

Could PIXR go lower? Sure, in fact even my July purchase went South as much as about two bucks from where I bought it before rising to today's levels, which are more than $9 above where I bought it then. But I'm not thinking in terms of getting the absolute best price ... I'm just looking at where the price is now vs. where I think it's likely to be in 1-3 years, and liking what I see.

Should be a fun year or three!
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