Thursday, October 12, 2006
Puttering along
Just like last week, the portfolio continues to putter along (gaining 1.1 percent so far this week), but in terms of relative performance, I continue to badly trail the NASDAQ and my comparator benchmark, the Russell 2000.
I couldn't help but laugh when I saw MNCS.OB this morning. So much for that amazing stock that doesn't go down. The company's press release was particularly entertaining: "we are not aware of any materially adverse news". Well, here's a possible explanation: up until a few days ago, your company was a quarter billion dollar shell.
I couldn't help but laugh when I saw MNCS.OB this morning. So much for that amazing stock that doesn't go down. The company's press release was particularly entertaining: "we are not aware of any materially adverse news". Well, here's a possible explanation: up until a few days ago, your company was a quarter billion dollar shell.