Tuesday, June 19, 2012

Looking for investment opportunities....

Just read these 2 articles on Facebook & JC Penney. Both interesting. My take on Facebook is that bow the hoop dee doo is over I think it will be a generally adequately performing stock over the long run.  I think I might pick up a few shares in the next few days. As for JC Penney, apparently, they just jumped on the screwed train.  I'll wait for them to drop some more before taking a chance. I don't think they'll go bye bye anytime soon, but I don't see them at bottom yet.

My new darling at the moment is Leapfrog (LF). Even though this article says it's "trying to turn a corner" the stock has been buck nutty the last 10 months, I'm talking tripling in that time.
LeapFrog Enterprises Inc. (LF)

Even Apple hasn't done that! That's right, over the last 10 months this stock has outperformed Apple (see 2nd chart below) and nobody's talking about it. Granted, back in 2004 it was selling in the $50 range, but it seems someone figured out something last year and its kicking.
Chart forApple Inc. (AAPL)

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