Tuesday, May 12, 2009
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About Syrux Investments
- J Karpinski
- Follow my investment strategies and ideas for what has made me successful in this hard economy. Following ideas of successful people in the past will not work in this economy a diversified portfolio is not the best way to go any more. Even Warren Buffet agrees. So follow my tips and tricks and start making money during these hard times. Its worked for me it can work for you to. I will be giving outlooks on stocks I want to purchase in the future and current stocks I own.
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Can you comment on why you think ford is going to spike again? Their news today suggested they will squander the investment from additional stock sales on union benefits (medical benefits?), not roll the money into profitable development of any real sort. That scares me that they are going in this direction at this time. If the union is in control, profits will not be stellar.
As for rite-aid, I agree with you but not the time frame. This is a long term stock that could take months to double your investment, or it could happen next week, its very unclear when but it very well should go up.
Ford you should wait till it goes down, it will continue to go down to mid $3 range. From there I would recommend possibly purchasing into again. I WOULD NOT RECOMMEND YOU BUY IT IN THE $5 Range. I was just stating how I Ford went down as I expected and in the dramatic fashion as I stated. Currently looking its down .66 I wouldn't be surprised if this declining rate remained the same for the rest of May.
As for Rite Aid I still am very confident it will get close to $1.25 by the end of the week. It started off strong this morning but hasn't since been up more than a couple cents. I still think it has some of the best potential in the market for a cheap price.
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