2006 Q4
All is according to plan. I am quite please that all my predictions panned out as is. Except for Intel of course. But then again, it has been a bullish market since September with portable electronics leading the way.
The best investment for this quarter is Nintendo. Since it jumped from the sale of Wii. I exited prematurely though (Nintendo at $30 as we speak) as I weigh in the probability of a company’s price continuing on an uptrend even after a console release. Viewing the history of any console release, there’s always a significant drop right after the release date. Nintendo proves to be beating any prediction.
I started investing in the medical field. More specifically in the controversial cardiac device maker Boston Scientific. They’ve been slapped with numerous lawsuit due to two recall to two of their major products. Artery stents and implantable defibrilators. Adding to that, they just recently completed a major company acquisition. The market doesn’t like the outlook. I looked at their past and see that they are well equipped to handle a severe drop in stock value. Armed with the assumption that americans will only get fatter, I decided to buy this stock at a cheap price and cross my fingers that it’ll get through.
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