I should’ve kept them..

I bought them when they were traded at $26/share. But then they were slowly going down - as low as $21/share. That’s when I panicked and sold all of my shares.

Now looks like they’ve regained their strength and are approacing $40/share. Yeah, letting them go was the biggest mistake I’ve ever made. The worst thing is, when I bought them, I KNEW they were going to go up a lot higher. But somehow I panicked when I saw the price was dropping and decided to sell all of my shares.

Ah well..

Quote of the Day:
I buy when other people are selling. - John Paul Getty

Boy, it’s been a while since my last posting. There were a lot of things going on in the past few months; and it wasn’t like I didn’t make an effort to update this blog - I kept trying to find some time to do research and update it, but man something always came up..

Anyways, my first posting is about Under Armour (Symbol: UARM). They finally went public last Friday, Nov 18th,2005!! Mann, was I excited or what! They said the stocks were not available for public until tomorrow, Monday - but somehow I was able to purchase a few of them at $26/share (it opened at $13/share).

I’ve also heard that they’re trying to compete with Nike - which is traded at $88/share. So I’ve got a good feeling that UARM is going to go a lot higher tomorrow.

I know that I only write about penny stocks - but this one is definitely an exception!

Quote of the Day:
An investor needs to do very few things right as long as he or she
avoids big mistakes. - Warren Buffett