Some here held the like of HAUP and SEMI for double baggers and quads for more than a year. As a matter of fact, HAUP is back on the list after a short period of exile, and I think it might have another 1999/2000 type ramp soon (then many rode it from 8 to $98 presplit....). SEMI is back on the list as well, with a little less exuberance, though. Others, the day traders, are simply day trading vehicles in stocks that are either overvalued to stick with them for too long or have such technical characteristic (volatility) like TASR, NVEC and OVTI that makes them excellent day trading vehicles, but not something one goes to sleep with without staying awake all night (g).
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