jd, fortunately my brokerage was shut down by the nasd and it is all in cash ;-) i'm in the process of a transfer so it should only be a few weeks. i will be buying puts using a risk reduction system that will allow me to stay in the game for a long time. no way many companies can hold current valuations, imho. it just may take a while for the herd to realize this ;-)
i REALLY like swtx. they turned around their production fiasco and earned a nice profit of 7 cents last q. i believe they still had some problems last q and that this q should be in double digit cents. it is my #1 holding and it is so cheap, imho, that i might add within 2 months. in fact, i will probably add within 2 months.
they are diversified - computers, tvs, autos and real estate. their industry is, quite frankly, difficult and not large enough for a big boy to come in and wipe them out. they may be bought out, though.
they make anti-reflective film. signed a deal with samsung to put it on their tvs. i was in costco the other day and say a 40"+ tv and the reflection off the glass was terrible. it need not be ;-) i've never seen a tv with antireflective film. nice market to jump into as everyone changes tvs and goes to hdtv ;-)
they currently sell their film to sony. sony makes tvs, too. i've never seen their film on a car. another untapped, yet large, market. real estate is so, so, imho. not sure how that will grow. it may surprise me :-)
this is a lot of bang for a $5 spot, imho. i suspect they earn about $0.60 next year - though that may be too aggressive. they continue to have production capacity limitations and a production surprise could happen at any time. i've been disappointed with execution so far, though i do believe the challenges have been great to increase capacity the way they have.
genzl is another good speculative buy, imho. cartilage regrowth could have profound applications going forward. they should have an arthroscopic procedure in place in 1999. when they do i suspect sales to boom. imho, the price is right to buy in a 1/3 or half position. it is volatile.
i like mwy for the 1+ year time frame. i see lots of value and children still spending their parent's money ;-)
asis is a high end temp agency that just reported pretty good earnings and i think the value is there for a 1/3 position. i also see this growing, though, if business does turn nasty, this company could get hit hard on the bottom line. look out on the other side, though, as people hire back through agencies in droves.
gztc is a wait and buy below $4. transengenics (sp?) could be HUGE!
lgndw is a wait and see. it was a screaming buy at $2.50. now that it is up over 100%, i don't like it as much. two ndas will be approved this year. profitability due next year. lgnd is the common.
it is a 1/3 buy under $4 now. under $5 in a month or so.
i own all these stocks, for better or worse. i might have left one or two out. i FULLY realize that a lot of these stocks may trade significantly lower if liquidity dries up on the big boys and they come crashing down - as i suspect they will. since my ira is nearly 100% invested, i might sell 50%, if the price is right, and wait to buy back lower.
that's my plan. we'll either know why i'm rich or poor now ;-) my largest complaint is that illiquidity seems to be a 4 letter word on the street. each of these stocks is illiquid. buy what the street hates, right? taking candy from a baby... ;-) |
