Thursday, November 02, 2006
Peakster, say it ain't so
I just couldn't catch a break the past few days. EGR and NSYS reported excellent quarters and the stocks didn't budge. On the other hand, PEAK and SCOP (two position that I had increased only recently) reported disappointing quarters and got ripped apart. On the bright side, I think PEAK's and SCOP's strong balance sheets will preclude any further price declines, but obviously, the market action in these stocks was very disappointing. Down 1 percent so far in November.