Monday, July 11, 2005

 

Bonso is no Bozo

I don't know what it is, but I can't read the word Bonso (BNSO) without seeing Bozo. But good 'ol Bonso proved that it was no clown today as shares surged 20 percent thanks to a very strong earnings report. This helped my portfolio gain $4,800 for the day. Frankly, I'm disappointed BNSO's stock didn't go higher. However, if the stock can hold $6, I think it has a good chance of going to $9 in the next few weeks. In other news, I did some shopping today, picking up 2,500 shares of ACSEF and 2,000 shares of EDGW. I also added another 1,000 shares to my position in COBR, which now makes COBR my largest holding.

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