Unfortunantly I will not have a new pick this week. I tend to shy away from recommending stocks that have yet to report earnings. The risk/reward ratio of buying stocks tends to be: possible 10% gain, possible 20% loss. I don't like those odds and would rather wait until after a company has reported earnings, otherwise I am buying on speculation and I would be gambling with my money, and investing is not a gambling proposition.
Let's recap where we stand on our current picks:
FSLR: +7.4%
BCSI: +11%
SINA: +6.2%
EMC: +0.7%
Thursday, October 18, 2007
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1 comments:
Our investment club picked DNA. This looks like a solid company with an excellent track record for growth. Check it out!
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