PharmChem Laboratories Inc (PCHM)

[LMLYP]

I've known one of the country greats. Two percent milk paid the bills so nobody had to leave him on the farm. Another rich crops boy, with his fluffy dog Leroy. Anyway, this guy kicks ass in the market. He's made hundreds of thousands of dollars buying and owning companies that paid their first dividend ever. It's not all stay forever stuff, he does take profits.

Who can argue his belief that the long term future of the company has already been determined by the Board of Directors. It's the initial dividend that makes him tick. I've always wanted to be exactly where he's at, namely smart, instead of being stung by bumblebees as I call them, pink sheet stocks with the letter B.

Anyway, the wife and I thank him very much since we piggyback some of his trades. I called him on Friday when PCHM reported a dividend and he paid .18 and .21. I'm honored that he owns 7,500 shares of my stinky pinky and he has been bidding for more. Fortunately his other condition is in remission which is all I care about.