Eric I agree that APCC is probably a good buy at these levels, along with some other "good" technology companies (like Sequent - SQNT).
Just wish I had some cash at this time, but, like I'm afraid many others, any spare cash I've had has gone toward meeting margin calls. The rules on margin calls for stocks under $10 (which is mostly what I own) has been drastically tightened (at least at Schwab), and caught me unawares. I received 2 margin calls even though I had over 70% equity in my margin account!
I think that much of the APCC decline is due to small investors in small stocks, like myself, being caught in this squeeze. (purely a result of chance, I'm sure.....) Fortunately, I have had to sell only marginal amounts of stock.
But, hopefully, all that is about over.
Good new from your indicators. Let's hope it happens. I have no doubt that with APCC it's only when, not if. |
