Thursday, February 16, 2006
Stuck in the mud
The markets were up about 2 percent over the past two days. My portfolio, however, went nowhere: up 0.1 percent yesterday and down 0.2 percent today. VTEK, one of my larger positions, took a nosedive this morning. I thought the market's reaction to their earnings report was completely gratuitous, ignorant, and over the top. I still think the stock will hit $8 within the next 6 months.
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I agree with your analysis of VTEK. Not a great quarter but certainly nothing too damaging. I wrote up the highlights of the conference call here if you are interested.
MS - Thanks for that writeup on VTEK. Very informative. Unlike the coach, I took a big hit on that dive.. but I am gonna hold.
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