I am a risk taker too , and look for opportunities that are not always well published but have intrinsic value not yet recognized by the masses. If you follow mass patterns you'll be a day late and a dollar short. I believe in a company that has strong management, but Armstriong has a strong precense, good media appeal, and frankly I ma not so convinced that his solid techniques are there. But the stock will go up, as it has today, and I'm in for the long run, as I have been since 1990.There's a Canadian comapny I belive on the Alberta Exchange that I like called Henley. Kepp your eye on them. Also, an IPO coming from the H2O Plus Boston Chicken group in September. I feel there a pretty good bet for same day in and out, and my broker has been good about getting me in at the price I specify. On the whole, I don't do too many IPO's.
By the way, I was tought that you buy stock in a company you would like to own yourself, and can understand their management philosphy and their product or service. I research the heck out of everything before I buy, and often wish I could whisper in the ear of a CEO. Keep an eye on BKB too, there are gaining market share in SOuth America, Europe and right here. Strong Ivestor Relations Department, soon to be buying another large Transfer Agent, strong Latin American Development, and Chad Gifford is commited to future success, not past laurels.
Talk to you soon |
