Fingers crossed!

Not really sure if I had done the right thing, just missed the opportunity to get into a position with Strayer Education at 118.4, it did went down to as low as 117.8 and with my indecisiveness it just keep rocketing higher and higher .. sigh* At the end got in at a much higer price of 124.85. I should have just trusted the financial fundamentals of the stocks and with my target price of 190 (200 MA) or even 149 (100 MA) there is still quite a bit of margin of safety I am looking at over here. 52 week range is (113.25 - 262.44) so fingers crossed that I would get burnt. Take this as a lesson learnt and will monitor how it goes from here.

Bought into PetMed at 15.52 also this stocks has been a plunger from 17.89 and I am looking at a short cycle gain on this one. With (100 MA) at 17 thats roughly ard 10% returns should it perform. 52 week range (14.68 - 24.63).

Both stocks are strong in financial w tonnes of cash and no debt, STRA just had been hit by the government issue as per all the profit-education organisation. Once the cloud is clear, the price should reflect a better picture of the company. With both stocks giving out dividend of ard 1%, that's bonus on top of capital appreciation.

Fast Forward to 2011

Chanced upon an old blog from my ex-colleague in Silicon Valley (wayne), it dawn on me that I do have a blog spot account too. So just add a few lines here. This blog has been barren for so so long (3.5 yrs) and time flies. I mean they really do! From cadet training to FO, all pass by with a blink of the eye. Today was the checkout party for our group of newly checked out FOs and sort of mark the graduation of us into the life of FO. The intention of this blog as long as I could remember was to pen down the random thots in life but I guess the laziness has got to the better of my randomness. Anyway, i will be using this space to record down my shares position and other aspects of life to interests me like flying, poke and food. Bought into a position w WL at 4.35 on 4th Jan, it has been a little up down since and anyway gonna keep this for mid/long cycle. The other position that I bought is Esprit 0330 at 37.05, I know this stock is highly co-related to the Euro dollar due to their business but with it being close to 5 yr low at 36.40 my safety margin is good enuff. Been looking at CSCO and WTSLA for a while, Cisco had gone up a notch but still at an attractive valuation of 20.95 while WTSLA is again at a reasonable price of 3.44, will monitior both for a while and waiting for the shorties to die down before moving in.