Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it
Ronald Reagan
Another great post from 'The Big Picture" Blue Chip Penny Stocks...
Here’s a short list of only the highest quality, bluest of blue chip, penny stocks:
AIG (39 cents)
Citigroup (98 cents)
E*Trade (66 cents)
Fannie Mae (39 cents)
Freddie (39 cents)
Unisys (37 cents)
Given the trading volumes, you might think these were real firms or something!
Now, for the not-quite-penny stocks:
Ford ($1.83)
GM ($1.83)
Las Vegas Sands ($1.97)
MGM ($1.99)
CIT ($2)
Kodak ($2.50)
Bank of America ($3.15)
Xerox ($4.36)
International Paper ($4.22)
Alcoa ($5.55)
Wells Fargo ($7.95)
New York Times ($4.00)
News Corp ($6.15)
GE ($6.75)
It looks like American Express ($10.83) is one of the few double digit stocks . . .
View article...
Thursday, March 5, 2009
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Dave keeps telling me to "buy, buy, buy" - and those penny-stocks look like such a Bargain! ...but after Enron (which I bought at a "rock bottom price" of $52) I'm still a little gun shy.
ReplyDeleteI think I'll be sticking with companies that actually build something I have value for, too. Hmmm.... GE makes some nice GT's...