today, despite the stock being up 2.00 to the 19.40's (called by Kart in the 12's a few months back, thank you very much!) ... as everytime i cheerlead there the stock goes down ... expressing my jubilance over here should NOT have the same impact! In any event i still think Stet H is worth over 30; apparently some funds think so today as well.
Thanks. I'm trying to find some stocks that strike a balance between growth and risk. SLM kind of hit my radar screen. I don't know how long Sallie has been around, but I'll still poke around a little more.
I'm not a big fan of Fannie or Freddie, but the Niche of sallie interests me a bit more.
Amazingly, Crossy brought AWIN to my attention at 2.00 about a year and a half back (when it was on the BB) - he wouldn't buy it at that price because he has missed the boat from 50 cents where he was considering it!! Wow, missing a 70 bagger has got to be tough on the psyche!
I will only say that most people here are highly superstitious. STHLY is my largest single holding, MTLM is my second largest.
I'll just wish you continued luck.
BTW: I was reading Greenblat's book this weekend in which he uses Liberty Media being spunoff from TCI as a case study in spinoffs. Interesting to see the paralell's between that event in the early 1990's and UCOMA today.
I realize in hindsight that swaping my UCOMA shares for Aug 10 calls was probably not too clever. BILB posted on the UCOMA board that he believed that the drop in price was do to investor leaving on the news, which is consistent with Gleenblat's argument of how spinoffs affect the market. I only mention this because I think you follow UCOMA as well.