Monday, July 20, 2009

hit another one

2 years ago I hit a stock that gave me tremendous gain. It was Dendreon Corp (dndn). I had bought it at $4.03 and sold it at $19.25 a couple of days for an astonishing gain. It did the same thing again this year. dropping below $3 and is already over $20. I missed this one and was mad I didn't invest when it was down. I love investing in the pharmaceutical companies! I just invested in a company called Human Genome Science inc. (hgsi) on Friday (July 17). I bought it for $3.44 and sold it today at $12.33! My point is this. I posted earlier about safe stock investing essentials. I do follow them but I am always invested in a more riskier pharmaceutical company. If you take a couple of risks the reward could be high or you could lose it all. Never invest money you are going to sleep over. I only invested $1000 on this and was ready to see what would happen. Take a little risk with some of your investments!


safer stock investing tips

It's been a while since I last posted here since I had surgery and went to the Philippines on vacation.
I thought I would start back into this by listing some essentials for the safe stock market investment. When I say safe of course everything has its risk but some things you should look at before you buy a stock. I will explain them more in detail if asked but here they are.

1) Dominant brand
2) Repeat purchase
3) Convenience
4) Expanding possibility's
5) Your familiarity and interest
6) Sales growth of at least 10% year over year
7) Gross margins of at least 50%
8) Net profit margins of at least 10%
9) Cash no less than 1.5 times total debt