Wednesday, February 06, 2008

Paper Art

Vince Farrell's e-mail has a number of photo's in it that were entered as part of an art contest.

I thought that this one apropros in light of yesterday's and today's market action.

I bought some HLYS today. It might be foolish, but it trades around $6, has cash on the books of $3 and no debt. Sales trends are down, but they are still generating sales. It's purely spec. I also bought some SYNL. Very small position.

I'm still mostly cash. I've no short positions other than 200 shares of SMN in one of my retirement accounts.

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