Thursday, May 26, 2011

Taking a close look at a small company

A couple of years ago we added Sierra Wireless (NASDAQ:SWIR)to the 2011 Model Portfolio and we were very happy with the return, buying at $3.8 and it trades around $11 now. It's ugly sister, Novatel (NASDAQ:NVTL) always seem to be not quite as good, but the two stocks over the years crissXcross.

When one trades at twice or near twice the other, it's not long before they come together. With that typed, We're sniffing around NVTL and while we think SWIR is the better company (they're in the same business-mobile wireless), we expect NVTL to do well over the next 12 months. We've starting adding some, not a lot, but a little and may add a little more if we get a good sell off in this market.

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Sunday, May 15, 2011

Looking at Cisco

Although I'm not eager to put on any new positions, I added a little Cisco (CSCO) to the pile. Couldn't resist. I just think that long term this stock looks cheap. It also pays a little dividend which fits in with the long term strategy.

Other than that, still in a holding pattern. Prices have come down, but we're waiting on a nice shake out, that causes people to question the market.

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Sunday, May 1, 2011

Still waiting

Just holding out, waiting on this market to give in and sell off. In the mean time we've taken up new positions against silver and long bets on volatility. When the market finally rolls over we'll have plenty of cash to put to work.

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The Vix

About This Blog

Where we rant and rave about the market and of course give our opinions on stocks we love or hate. We're not advisors and urge you to conduct your own due diligence.

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