Bought back some FIGs and added some retailers
(2009-05-19 10:05:22)
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I bought back FIGs after last night study. So lucky sold all FIG shares last week before the huge drop.
I still like the long term of PE companies and really think they have chance to gain shares in wall street after Lehman and Bearsterns gone.
I bought some retailers.
PLA- Playboy. I think the name of the magazin shall be worth some money.
PIR- So sad sold it too early. Now, I believe it will survive.
BGP- Borders. The second largest book store. It has a billionaire behind it.
I don't know what market direction will be.
But since it didn't drop yesterday as I predicted, I will just follow current market.