LOL, I hardly consider ATI to be a speculative stock with a low PE, quarterly profits, and good growth prospects. Unless your sayin' that because they stamp out the titanium frames for the "spectacles" people wear.
ya...in my trading bag account.....but this is my Speculative account....the only rule here is that it can not be more then 20% of my trading bag account. This is my "go for it" account....and if it goes to zero so be it. And when I get a big win by betting on junk ....so be it...sell and move the bucks out.
My last big win in this bucket was the totally screwball stock Vitamin Spice.....doubled my money....sold...lucky...today they are bankrupt. The longest resident of this odd ball collection is TQNT.....and it is finally waking up from a two year sleep. I thru F in here because I still think Europe may trip them up bad.....that way I will not be disappointed ...it's speculative.
Three accounts to manage from:
1) Speculative ( anything goes)
2) Trading bag ( you know my rules there...VLO,CST,HFC presently in this)
3) Core Holdings ( XOM,VLO,CST (by default) )
Now where do I put core holdings CST? Has not earned a permenant place in core holdings...maybe push them into trading bag.