November 10, 2006
JUPM
Jupiter Media was brutalized after a weak Q3 and soft Q4 guidance. Their stock, which recently touched $10 a share, is down under $6 a share now.
Since I sold out of my Google position I have a bit of cash in the IRA which is longing for investment. Today I picked up 1,000 shares of JUPM for $5.96 a share.
Realistically I still think it is stilly for me to buy any stocks at all outside of whatever I do in an IRA because the ROI is so much greater when I invest into myself and create my own company ideas.
On the web it is rare that I don't have a rapidly growing 100%+ ROI recurring inside of a year on my good ideas. Its hard to do that in the stock market.
Posted at November 10, 2006 3:51 PMComments
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