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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: pezz who wrote (31212)4/10/2003 12:50:27 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Pezz, I bought Hub Power at 9.5 last July (my trade was apparently the last trade all around the world). I collected 14% dividend last October, and am waiting for another 14+% in this month.

The last indicated ask was 16, but no bid price and zero volume.

... so, I am guessing that this is what the bottom looks like, barring Enronian/WorldCom type of situation;0)

I am counting on the US to pacify Afghanistan and cleanse Pakistan within 32 months so that my stock can be liquid again, else I break even cash-on-cash at the end of that time by collecting the 28+% dividends, unless plant is blown to bits before then. I doubt the plant has war insurance covering it.

I have almost as much in Hub as I do in QCOM, and it is a better buy than QCOM, so far, so good, unless my QCOM straddle works out as expected, in which case it will have done almost as well as Hub Power:0)

Chugs, Jay