Tuesday, October 28, 2008

Buying at Net Quick Assets

Dear Diary,

I just bought shares of General Electric (GE) common at $18.7998, based on a Net Quick Asset calculation of $23.57 in my "Value Lines."

Jones Soda (JSDA) was just purchased for $0.81 per share with a Net Quick Asset calculation of $.76 per share.

Finally, Heely's Inc. (HLYS), a shoe company, was just purchased for $3.28 per share, based on a Net Quick Asset calculation of $3.76.

AHG is expected to closed today on its arbitrage sale for $21. It is currently trading for $20.99 a hour before the market close, but I want to save the commission and just let cash switch into my account for the stock naturally.

Gene