Morning everybody, or whoever is crazy enough to still be awake at this hour. Talked to my boss about the stock i mentioned last night, CAST, and showed him a printout of the chart. He seemed pretty interested that the stock was below 10 again. He said i ought to get in soon, because it would shortly be above 10 and then some. The company has just now added on another shop, apparently, and there is going to be a lot of business very soon. We do work for them, so this is how he knows this. Maybe this is something the investors don't know yet. For me, this is a stock I can put money in and leave it, until it inevitably goes up. I am starting to think this way, picking stocks that could go up short term, but will inevitably, unless something unusual happens, go up long term. This way, I buy the stock, put a GTC limit order in to sell it, then wait, until one day I take a look at the portfolio, and it has sold itself. This seems like a low stress, profitable way to trade. Not very exciting, though, but at least i may live past 50 without need of a pacemaker<g>. Anyway, somebody take a look at this stock, CAST, and give me some feedback, OK?
Cheers,
Mike |
