Friday, May 04, 2007

One New Name

Participated in the Interactive Brokers Dutch auction IPO. I really like this stock as much as I like the company. Technology driven all the way from the top will keep the competitors behind. In fact in a sense Google-sque. Plus 4% for the first day must be regarded as modest.

I scale in to MEMC during the slaughter, it is now paying off. In this case JP Morgan represents the smart money adding the stock to the focus list during the panic.

Also notable today was Goldman Sachs run-up, approaching $230...

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