Friday, January 29, 2016

abr

The process is, at Finviz, screen for stocks with a low pb, then try to figure out from the charts which ones are good companies. When my third or fourth guess came up empty I really concentrated, and this one has a low pb and makes money, and it's cute.

Oh, this kind of chart. The kind I always ignore even though it looks meaningful. So you want to buy this - this teeny weeny company, or trust. Well, its business seems to be ticking along. There's absolutely nothing wrong with it, and it's fun. Put in a hundred dollars and wait.

The question that remains is, when do I want to put more money into something? From Robert Kiyosaki: after checking out 100 properties.

Thursday, January 28, 2016

lei

true it's just another texas oil company, but, heck, i tend to like 'em. i like this one, which is a pleasant surprise, not goliath, but pretty big, and scrappy. running small losses, itsy bitsy ones, every year, but a lot of book for your money. "Our favorite holding period is forever." I have no idea whether this is gonna work and am inclined to put in only $100.


i reserve the right to buy more if it goes to 2.

Wednesday, January 27, 2016

bota

inconsequential from a financial point of view, the company sells a little bit of something and loses lots of money. yukky biotech. one of them after another. i'm sick of these! and they comprise like 2/3 of the penny stock universe! it's so weird! then there's the mining stocks - what fun! - and oil. true, there are the little manufacturing companies, and the odd ball environmentalistic ones ... which among all of these has unlimited potential? Semiconductor Substrates?