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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (2710)2/20/2007 3:13:15 PM
From: Mike McFarland  Read Replies (1) | Respond to of 20435
 
Sure I'll sell it, even though the marketcap
is still trifling, $78M for SGXP at the current
price of $5.15 a share. Peanuts. For all I know
they actually have prospects and it is still a
multi-bagger from here. But since I don't know
anything about the company, and it was just a
lucky dart, sell it.

I threw it into the contest because it was
cheap--way way off of it's IPO price.
(Sure wish I owned some for real!)

With the proceeds I will beef up one of my other
positions that I actually know and care about.
I suppose that buy order has to be in by market
close on Friday, yes?