Wednesday, July 23, 2008

high risk high reward

i am going to start my position of chk- stock has been knocked down. has a good growth story. I definitely like the management. Its definitely a risk play though because of the super rapid growth plan they have. The ceo has been purchasing it like crazy lately(now holds $1.9 billion worth). You either die with it or drown in money. I am going to start with 250 shares. I am long this stock btw

1 comment:

Tom said...

henry, nice QCOM pick. Up $9! I'm on the CHK boat with you. What criteria do you look @ when picking stocks? I'm just speculating right now, pretty risky and dangerous...