Wednesday, April 05, 2006

Back

Finally made it out of O'Hare....now I can add Chicago as one of the places I've lived.

First of all, thanks to all for your outpouring of support. Getting personal had it's own risk:reward profile, and I got a 10-bagger from you folks.

Second, let's go ahead and make some money. The market should be close to a summer rally mode, maybe one wipe out first, or maybe just straight up, it shouldn't matter either way.

Finally, bad news out this morning for DSCO, based on everything we know, we aren't selling a single share, but aren't buying more until we review the conference call.

A

2 comments:

A said...

I contine to advocate the "basket" approach on all these stocks, NNVC, PTSC, XDSL, etc. and do not worry too much about day-to-day fluctuations. Two catalysts will hopefully generate a few 10-baggers or better from the group:

(1) Company specific news,

and/or

(2) The Dent-Wolanchuk Bull Market of Epic Proportions.

So buy 10 names, if you want to add an eleventh, sell one of the other ten, probably the worst performing one and use the proceeds for the new name.

Remember, this is a different way of investing then most of us have been used to all our investing careers.

Finally, bird flu stocks can be part of your speculative basket as above, or as in my case, a basket in and of itself. The real bird flu crisis hasn't hit yet. Some of these stocks are up 5-fold or more just on preliminary news. Imagine what will come next.

A

A said...

jona,

perfect, stay put.

a