I don’t need to speculate on bankrupt companies and neither do you. Unless you are Superfly, don’t play the lotto. It’s a suckers game…
On that note, I’ve been fighting the desire to ring the bell on Kulicke and Soffa Industries Inc. [[KLIC]] because I felt it was a $10 stock. I’ve always said that if Intel Corporation [[INTC]] is doing well, then KLIC must do well.
This is now a double for us. I really don’t want a double because if it can double that means it can get cut in half. But if you buy BEFORE the herd and have a little patience, it can pay off.
Listen, stop taking stupid risk. Don’t expect instant gratification. Keep your losses small. Be patient. Do all the cliche things that you know you should do and you can obtain investor balance, grasshopper.
BTW–Alcoa Inc. [[AA]] didn’t do too badly and will be on the march back to 15. Yahoo! Inc. [[yhoo]] was a great buy and will keep going because it is way too cheap relative to anything else.
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I remember when you made that KLIC call too. Awesome stuff.
Thanks for KLIC, YHOO, your other picks on create coin, the morning show, and all your wisdom, advice and shared experience. You’re doing great Scott.