Quote Originally Posted by SkinBasket View Post
I got $50 from a liquidated company burning a hole in my account. Any suggestions on a dangerous sub $2.00 position?

Also, I've ridden MGM from $10 to $26. Should I stay on or jump off the boat?

Looks like a picked the wrong supplier of outdated communications equipment. NSATF is languishing, although they just secured a MASSIVE $1.5 million (Canadian) deal. I'm sure that'll send it through the roof any time now.


MGM...they've beat earnigns expectations the last four quarters and crushed them in December. If you find a new fun stock you like take half off the table and then what you have left in the stock is house money I'd probably run some more with MGM though. For what it's worth analysts expectations have improved the past six months and the growth looks impressive. In general...as long as a company keeps kicking the expectations ass I roll with it.