Bought 600 shares of Paetec last October at 80 cents a share. Sold it at 1.45 and bought back in at 1.25 for 800 shares. Have held that for the duration. Current price is now 3.37.
http://finance.yahoo.com/q;_ylt=AtfGy.K ... WsA?s=PAET
I also had 100 shares in Ford at 1.80. I'm now kicking myself for selling out at 2.80 as they are now in the mid 5 dollar range.
Next up on the hitlist is a Scrap Hauling and processing outfit called Matalico. They're currently underperforming the market. But when the stimulus money kicks in and metal prices go through the roof, they will be raking in cash hand over fist. The fact they have a near monopoly on the industrial scrap hauling business in Western NY will help as well. Right now I have a 400 share position at 2.15 that I fully expect to at least triple by this time next year.
http://finance.yahoo.com/q?s=MEA
Total investment- 1687
Total value as of today- 3608
Rate of return- 213%
I am kicking my 401k fund manager's ASS.
Anybody else double their money or more the last 6 months?
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BSmack
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Anybody else double their money or more the last 6 months?
"Once upon a time, dinosaurs didn't have families. They lived in the woods and ate their children. It was a golden age."
—Earl Sinclair
"I do have respect for authority even though I throw jelly dicks at them.
- Antonio Brown
—Earl Sinclair
"I do have respect for authority even though I throw jelly dicks at them.
- Antonio Brown