Stocks
I've been trying to find someplace to invest my
spare cash since I've been back from Hong Kong. (I was all cash during the boom
last year. Oops.) I noticed that a couple of stocks that I picked years ago
have boomed. Here's an excerpt from this blog from June
2003:
Unfortunately, several
of my recent picks have gone only up since I picked them, never giving me a
chance to buy. A prime example was Equinix (EQIX) last month, which I tried to
buy at $3.20 when it was at $3.25. Now it's around $8.
Oops!
Now it's around $35. Double
oops!
Another dumb thing I
tend to do is sell out on a company too early. A prime example of that was ATS
Medical (ATSI), a company that makes artificial heart valves. I bought at
$0.33, sold at $0.57 (happily!). Now it's $2.61. Oops! I wish I'd only sold
half, every time it doubled, like I did with
CEDC.
Now it's around $4. Triple
oops!
A company I'm looking at a little
bit now is K-Swiss (KSWS), who makes tennis
shoes.
If anybody's got good ideas, I'd
love to hear them.
Filed Mon - October 18, 2004, 06:00 PM in
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