Suggested December 23 at 35 cents, we sold a third of it a month later for 65 cents. It closed Friday at 98 cents. I would sell another third – up 157% in six weeks – and hold the last third to see what happens. (Our two other year-end suggestions, ILA and CMM, are up a little; but if you can afford the risk – and if you can’t, you never should have bought them in the first place – I’d plan to hold them quite a lot longer.)
God I love the Super Bowl. I can get into any restaurant or movie without a wait. And now, with TiVo, I can see all the commercials. It’s TiVo in reverse: hyper-speeding through the content and watching the commercials. Is this a great country or what?
I include this link not so much in hopes you will help persuade Ralph not to run again – Ralph will do what Ralph will do – but because it so vividly shows how the Democrats can win in 2004.
(If he does run, I believe the good people who voted for him last time, thinking it couldn’t hurt, will now vote ‘early and often’ for the Democrat – any Democrat – in 2004.)
Add back just a third of the Nader voters . . . let alone some of the conservatives and libertarians who have become disillusioned (here’s just one example, from USA Today: ‘Conservative Sportsmen Turn Against Bush’) . . . and – whew! – we move the country back to a more centrist, sensible, progressive track.
Not a moment too soon.
Tomorrow: What SHOULD The Top 1% Be Taxed?
Quote of the Day
Very few American investors buy any stock for the sake of something which is going to happen more than six months hence, even though its probability is exceedingly high; and it is out of taking advantage of this psychological peculiarity of theirs that most money is made.~John Maynard Keynes
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