Sunday, February 05, 2006


Two new stocks

Okay, get your eyes off that picture; there are more important things to attend to. First, the weekly summary: it was a decent week for my portfolio. I finished up $2,917 (0.4 percent), outperforming the Nasdaq (down 1.6 percent), the S&P 500 (down 1.7 percent) and the Russell 2000 (down 1.1 percent).

I also have two new positions to disclose:

1. CBTE: Commonwealth Bio is a solid company with great prospects. They will be reporting earnings on Monday or Tuesday. I'm hoping that stock will pop on the news.

2. IGII.OB: This is either the cheapest stock on the planet, or a complete fraud. I'm not sure which, but I think the risk/reward here is good enough that I want to partake in the action. The excellent blog of the Microcap Speculator provides the pros and cons on this stock. Invest at your own peril because this one is risky.

Thank you for information. I bought IGII.

IGII is not bad, at least a good spective buy at this price.
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