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

To: Lazarus who wrote (31041)	5/30/2008 1:32:14 PM
From: Paul Senior	Read Replies (3) \| Respond to of 78764

Lazarus, here's an update on some of my penny stocks: SHMT. Supplier to oil/gas industry. They have a new valve type they have hopes for. Imo, it's a mom/pop machine shop that should never have gone public. ...And whose stock I never should have bought -g-. SUTM. A newspaper chain, Chicago centered. Community newspapers -- there still might be readers and advertisers for these. BMD. (This one was once popular on the Big Dog oil/gas stock thread.) They have "a planned quarry expansion and quicklime and cement plant located within the Athabasca mineral property, approximately 60 km north of the city of Fort McMurray." Apparently there is or will be a demand for BMD's minerals by the oil/gas exploration companies as these companies build their infrastructures. Meanwhile however, BMD might not have enough cash or financial wherewithal to last as a going concern. HORT. Once a well-known, maybe respected, wholesale supplier of plants. I bet on the stock reverting-to-mean, and I've lost. CMNZF. A gold miner if they can use their new financing properly. Don't know why I bought this in 2006, but I've kept it. Just a few shares though. Whew! Down about 87%. Doesn't pay to sell it for the few dollars I have in it. At about 18-20 cents a share, I'm adding a few shares for a few dollars only. centurymining.com YBTVA. TV stations. This one a big loser for me. LENX, HDLM. Other losers I am holding. DAGM. Has cash. Announced stock buy-back. Company has been mentioned here before. This one might be okay at current price. (or not) biz.yahoo.com