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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (21696)7/19/2005 12:28:02 PM
From: Lazarus  Read Replies (1) | Respond to of 78670
 
Paul - fwiw im still around but havent been trading...

all that much.

i decided to deploy cash elsewhere. i bought a house and am remodeling it - hoping to sell it for a tidy profit.

week before last i bought a small commercial property [penny property] for $10,000 [purchased with profits from penny stocks] and yesterday i put it into escrow for $24,000.

mostly just watching my penny longs now and adding a few shares here and there on few i like. added 5k shares of PSCO today @ .06 and am ready to head out to do OTHER things.

updated the pics of my mountain retreat property purchased earlier this year: randymcatee.com

Lazarus



To: Paul Senior who wrote (21696)7/20/2005 2:36:08 AM
From: Spekulatius  Read Replies (1) | Respond to of 78670
 
re BAC and C - both may be good buys at this point. The market did not like BAC's earnings either despite the good headline number. When digging into BAC earnings release a bit one finds that BAC has been stretching it's balance sheet (increasing leverage) to make it's numbers - this may be the reason why BAC sold off as well. Unfortunately C has not published it's 10Q, so it's not possible to gage C's earnings quality yet.


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