Bought Aldila
I bought Aldila (ALDA), which makes golf club
shafts. They've been a darling of momentum investors for a couple of years, up
over a thousand percent from 5 years ago. Last quarter they seem to have
stopped growing, and everybody dumped
'em.Even if they stop growing at such
an outrageous rate, it looks like a well-run, profitable (if boring)
business.Remember how I sold some of
my International Assets (IAAC) at $19.51, and said I'd sell more at $30? It
spiked two weeks later at over $28. Now it's back down to a more rational
$21.I've been playing Fool CAPS , a stock rating game. Last
time I (joedelta2) checked, I was at the 99.52% mark, with 100% of my picks
outperforming the S&P. Lucky!
Filed Mon - September 25, 2006, 07:32 AM in
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