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HAK41

07/10/11 3:59 PM

#75 RE: VeronicaFox #74

Had a quiet and a safe one which isn't all bad. My miniature longhaired Dachshund and I feasted on a standing rib roast marinated in wine instead of the usual dogs and burgers....
he gets nervous about the words " Dogs on a Barbie "......so I defer to his paranoia and hangups.
Re: BCSI....It's similar to a lot of other Techies lately...going nowhere fast, except perhaps for VHC which did have a nice run.
Am still in a small handful of " Pinks ", primarily junior miners, that I have actually been in an accumulation mode for many moons. I do expect a few to start popping in the next few weeks.
As to the rest of the Markets, am really not expecting any miracles for the next month or so, although, a good earnings report cycle could change things quickly.....even if it turns out to be momentary.
Looking at the generally anemic trading volumes, it does appear that we are in the summer doldrums.
Had picked up some AGNC about a month ago, not because I expect any serious appreciation ( although it did do fine and held up well these last few weeks ), but I like their quarterly divvy which has been $ 1.40 per share ( $ 5.60 per share annualized ).
Might as well have some gains while the rest of the world seems to slumber.
Am also happy with my last remaining Biotech ( ELN ), Which I fully expect to see in the high teens by the end of this year ( I've been playing this one for quite a few years )
Another one I've been furiously accumulating is FTK, since I do believe their next earnings report here shortly will be even better than their last one.
Over the last ten years or so I developed my own theory that seems to go against the prevailing traffic.....I don't like cost averaging down.....it seems to me, it's just throwing money after something that is already stagnant.
If I think a position is worth holding for the long term, I just hold it....in BCSI's case it may take a few more Quarters before we see a more serious run by the sounds of things.
In the meantime there are enough possibilities in other areas to make the chase more interesting.
On a lighter note, I get disgruntled on a daily basis with the type of trading activity across the board. I do feel a lot of the prevailing attitudes we see is a direct result of the overall geo-political and economic idiotic nonsense we see foisted on the general public in massive quantities......and the fool media just hypes it up even more...
Cool heads need to prevail......keep the faith .....and keep looking for opportunities each and every day !
:)