Friday, November 07, 2008

Quick Comment

Market's been wild lately. I haven't done much in the market, and for now I'm just waiting for some cash to be raised so I can deploy them... upcoming property tax bill isn't helping.

Anyway, I've been looking at Ingram Micro (IM) recently. Looks cheap to me, but I can't do anything now. So, I'll just continue to keep an eye on it.

Wet Seal (WTSLA) has bounced back some and now sits around $3 a share. Still sucks that it's down a ton from its $5-5.50 peak. But, that's nothing surprising given the overall bloodbath.

Kongzhong (KONG) is up a fair bit since our bottom feeding purchase. Too bad I did not buy more, because it's one of only a handful of my stocks that is clearly in the green. Go KONG Go!

That's all for now.

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