Sat 14 Jan 2006
The standard portfolio closed out its position on RACK on Thursday for a nice profit. EMA is the remaining position. Looking at the chart, we can see that this stock has gone down some lately, but it has been going down on low volume. We will continue to watch this stock in keep it as a hold for now.
The OTCBB portfolio has put up some impressive historical performance numbers as can be seen by clicking here to view the OTCBB Portfolio Tracker. We have some high hopes for the remaining position: SMKT.OB. This stock has been hovering around the 3 cent range for a while. Volume has also been decreasing. However, the pending merger with Texas Prototypes leaves us enthusiastic about this stock’s future.
More to come,
SMG Staff