A fund that tracks corporate raiders. Gotta love it when you can clean up on the bad guys.
Archive for April, 2013
I rarely post pre-IPO watches here, but want to remind myself about this Fool article when they do go IPO to include it in my thinking at that future time.
After 12 years of consulting for high-volume web applications I still see F5 in the majority of the enterprises where I work, and I have learned that it takes a lot to get a large enterprise to switch core infrastructure vendors.
The trick for me is to figure out where the bottom will be before the rebound. I’m keeping an eye at $72 now, and will re-evaluate if and when that happens.
True story: Fishing in Big Bear Lake, one person in the boat hooked a good sized rainbow trout and then lost it two inches away from the net. 30 minutes later, I reeled one in that had another hook in it’s mouth besides my own, the one from the other fisherman.
I keep watching Merck, and then it gets expensive because I should have bought it earlier, then remove it from my watch list in disgust. Well, it’s back, and I want that hook back, too. At under $42.
I blew it buying this one too early, but might be able to make up for it buying it a little lower than it is today. Currently trading a few percent below book value, the downside is the current losses they are having. A Seeking Alpha article points out that there is now room for a turn around, though it could also be too little too late.
I will re-evaluate when it drops to $2.50
While doing the regular updates for limit sells I ran across a good article on Vinik’s holdings and like the ides of SK Telecom on the next dip. Economic growth in an area is always profitable to the local phone mob.