Posted by: Riten May 4, 2009
Login in to Rate this Post:
0
?
Eminitrader,
Thanks for the explanation. Your picks are very interesting. I will take your suggestion as starting point, do my own dysfunctional research, and do the needful. I surely do appreciate your input.
So friends,
Recently (before I stumbled upon this thread) I bought these stocks:
- Citi
- Bank of America
- Wells Fargo
- Rexx Energy
- National Oilwell Varco
Glad to say that I am almost 16% up. Except for Citi stock, which is currently below my purchase price - though it is steadily climbing today - all the others are making money for me.
I am seeking stocks like Rexx, which are so beaten down that their price is in single digits but the company holds a promise and most likely triple, quadruple or more the current stock price in a matter of year or two when the economy makes the turn. Any ideas?