Tuesday, July 25, 2006

 

Blast from the Past

Up 0.9 percent today. I started a new position in ENPT. It's a small position (5000 shares). I dated the stock back in 2003 and made some good money on it. The stock is more expensive now but the fundamentals are also better, so I think there is good risk/reward here. Unless the market collapses or the company's fundamentals deteriorate, I figure the stock will eventually reach book value, which would be over $2 per share.

# posted by Stockcoach @ 6:37 PM
Comments:
Stockcoach,

I noticed you're reading Brian Greene's 'Elegant Universe'. Here's a funny interview with Brian Greene and Steve Colbert: http://www.youtube.com/watch?v=UBo0tLr0joA
# posted by Anonymous Anonymous : 10:00 AM, July 26, 2006
 
Thanks Nelson! It's actually a very rewarding book (if you can spare the 5 minutes per page necessary to read it!)
# posted by Blogger Stockcoach : 6:24 PM, July 26, 2006
 
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