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Replies to #354 on VMC PSL 21

Knowledge is King

09/04/12 11:07 AM

#362 RE: cl001 #354

Thanks to all...a very lucky victory this time.


I was well out of it until Mart (MMT.v) suffered another Nigerian Nightmare on 8/29, reporting disappointing earnings resulting in a plunge in one of PSL21's big winners. I saw that I was once again in striking distance due to the MMT.v plunge so I scoured my positions for a cheap stock that might move quick.

Enter GLGI, which I traded into with a double-down @$.25/share (the cheapest entry point allowed). Move quick it did, boosted by an exquisitely-timed earnings estimate increase and, as they say, the rest is history.

Great picks cl001; congrats on your 2nd place finish.

Looking forward to PSL22. I've got some real interesting names this time, including at least 3 that have not been mentioned on the VMC boards...