20 Jul, 2008
Right now, my largest stock position by far is in a Texas cafeteria chain called Luby’s. Unless you’re from Texas, you most likely have never heard of this company. Your average trader/investor on Wall Street certainly knows next to nothing about this company, which makes me feel like I have an advantage over the market. Here are the four main reasons I have most of my cash parked in Luby’s stock:
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26 May, 2008
The classic tech behemoth, Microsoft, has both a consumer and business customers. Most of us are familiar with its consumer side, though its business side is actually which brings in most of its revenues. Most of my knowledge is about Microsoft’s consumer side, whose prospects are looking increasingly atrocious in my opinion.
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1 May, 2008
One stock I bought during the March freefall was Google (GOOG). I bought some originally at around $520 and then after it dipped, some more in the $420-$450 range.
After outperforming in its recent quarter, the stock is trading around $575 right now. I’ve taken a bit off the table, but I still have about 80%+ of my shares. I’m still deciding what sort of price I’d sell it at. To me, it was an obvious and clear buy when it was in the low $400’s, but now I’m not so sure. Here are my pros and cons:
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25 Apr, 2008
I had a nice little run with Apple stock in the past couple of months (ticker symbol AAPL). In the midst of a Wall Street panic, I was able to pick up shares in the $130-$135 range.
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