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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks -- Ignore unavailable to you. Want to Upgrade?

To: stock leader who wrote (1418)4/30/2009 1:38:35 AM
From: Elroy  Read Replies (2) | Respond to of 1931
 
Also, a lot of recent doubles are the ones that fell 80%, then doubled from their low, so they are still down 60%. I got lucky and got near the low with CHDX, but you can't count on that. I'm holding for at least a year, so I'll check in again in March 2010 to see if it was or was not a good trade. At $4 it was a near cash play ($3.40 net cash, and growing and profitable). At $8 it's a normal stock, so not really material for this thread.


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