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Strategies & Market Trends : IPO and Other Stock Plays -- Ignore unavailable to you. Want to Upgrade?


To: antiquites who wrote (12230)5/4/2005 11:06:23 AM
From: yossarian67  Respond to of 13331
 
exactly...me too....doesn't really fit my criteria and probably trading about 20 X's '06 earnings earnings here, but....if this market ever gains a foothold this should be a big longterm winner. If it drops down again I'll do the same as I did last time, and buy and flip on a move back to 20---heck if it does it enough maybe I can get my cost basis down to $20 lol....right now I've got about a 21 1/2 cost basis when factoring in those flips from last sell-off into teens...surprisingly only thing I'm at the moment underwater overall on, not bad considering the market we've had this year. I've so far not really taken any overall losses bigger than a nick, but have most certainly given back a big paper gain in frickin' gfig...and a nice one at one point in dlb etc...