Quick notes: NTE/CMGI

This is going to be quick. The chemo is doing a fine job of making me feel like a zambie. Next week is my CT scan to see how my cancer cells are doing. They better not be having a party inside.

NTE: Jumped due to better than expected earnings. Actually, I was impressed more with the +5% in revenue. When valuing companies I place more weight on growing revenue than the earnings. Why? We, the financial guys and gals can easily tweak the earnings numbers. There are many accounting ways to play around with the earnings. However, you simply can not fool with the revenue (sales) numbers. The only way for you to grow revenue is to have the people buy your stuff. And the only way for the people to buy more of your stuff than before, is to improve your stuff with better prices. This is easier said than done. NTE is doing it. Nice. Short term, NTE will likely dip a bit but longer term this looks great. In December, we will receive yet another generous cash dividend ($0.38/share) while we wait for even higher prices.

UTK: Are you satisfied with the price action the last few days? I am. So far, so good.

CMGI: The day after I place a buy order, this jumps +8%. Many big investors were thinking the same thing as I did. I placed an initial order to buy it at $1.33/share. I will be patient for now. By the way, just know that this is a dream stock for the dat traders. Expect volatility with this one.

P.S: When sending me a comment, please do so in the latest article eventhough the question is related to past articles. I do not check past comments all the time. I always read current comment section below.

PPS: Election is only 7 days away. Expect wild price movements.