Still biding my time. I’m not holding a ton of cash, but more than normal. If we get a correction, I believe it will be temporary which means I will see my stocks go down but they’ll come back. It’s only a loss if you sell low. And if I’ve got some cash, as I do, I can buy low and make some real money down the line. Assuming I’m right about all of this. Which I have been in the past, slightly more often than I’ve been wrong. One thing I apparently was wrong about was SIMO, which I bought 01/26/13 and sold today @ 14.44, about a 9% loss. I’ve got a long watch list and will probably add one new pick tomorrow.
Tag Archives: simo
012313
Today I’m selling my 0108 pick, CTB and using the proceeds to buy SIMO.
Small cap tech stock with potential, based in Taiwan.