Re: My Risky Picks
Yes, indeedy, they are all low priced stocks, altho not all under $5.
I purposely focus on those stocks that have bottomed, have good management, and have, IMHO, good prospects. Altho many of the readers here are in and out of the latest "hot" stock that has been discussed on this thread, I also read the large number of posts that say they sold for a loss. That is what I am trying to prevent, at least for my portfolio. If I sold tomorrow, I would have no losses on what I currently hold (keep in mind I took a big hit on CUBE). I do not think any of these are "done", altho I figure many of you are tired of hearing about them, so just skip my post. I continue to do my daily thing (one summary post) because there are some people in them, and the publicity doesn't hurt the stock. So there. It's purely for profit.
Re: Inno, specifically, Unless I hear differently, Shawn continues to hold 120,000 shares. I'm sure he doesn't mind. I am convinced that they will be profitable, it is not a case of when. You need to read the last 5 entries on that thread. I do not tell all here. There is a lot more going on in companies than what they release in press releases. This is not a tech company, so the fact that they are not going into the overly competitive internet solution business does mean that the things they do to aid their balance sheet might seem mundain, but it's better than giving stock away "for good will", which many start-up tech companies do.
The actual buying and selling of shares has dissipated, as it has for many other stocks listed here.
All I can say is do your homework.
I don't buy a stock when it is "in play", with few exceptions. I try to get in before it is in play. Inno had a minor play, there is more to come.
Best regards,
P. Webster |
