Drugstore.com (DSCM)

[NewMoney]

This stock is now about 25% of my portfolio. Here is why. The new year will be big for this company. Returns from additions to their services (Auto delivery, partnered with WebMD) will show up on the bottom line any time now. For the first time in about 2 years, this company should show a profitable quarter. This one or the next one. It could be this one. They have about $40 million in cash and about $4 million in debt.
The fundies are right on! A long well executed plan is about to come to fruition.

Losses have narrowed consistantly and will turn to gains VERY SOON:

(03/01/2006) pps: $2.51
(10/31/2006) pps: $4.02

I think 30 to 40% gain is probable short term at THIS ENTRY POINT.
I think that is a conservative estimate.

(for full disclosure, I've been long on this for a while now. I flip half my position regularly on any stock that has any volatility to it. Thats how I do it. It's ok with me if you don't, so don't give me any lip about flippin' and I won't give you any lip about forgetting to take profits.)

IMHO as always.