Tuesday, June 14, 2005

 

A nice day (no thanks to GIGM)

Like a drunk buffoon with a lamp shade on his head, GIGM fell down the stairs today, dropping 7 percent by the close. Fortunately, good moves in the rest of my portfolio, particularly from a strong earnings report by OCCF, generated a gain for the day of about $4000. This is another reminder about the power of diversification, especially if your portfolio is full of microcap stocks like mine is. In other news, FCPO hit my price target, and I sold my shares.

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