Tuesday, October 16, 2007

Crazy Bolt Technology (BTJ)! Mosaic (MOS) Major Strength

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Another in the category of better to be lucky than good! I sold Bolt Technology (BTJ) at 1:30 PM or so around $49; stock is now $44. Are you kidding me? I said I'd be a buyer in low $40s and its almost there in 2 hours.

Told you this was a crazy one... strange strange strange

p.s. Mosaic (MOS) still ramping; I knew I'd regret selling even 1 share - oh well, can't be too piggish; still hold a nice 2.75% position. Still think CF Industries (CF) is overlooked here.

The hardest to cut is Mosaic as I believe it is still way undervalued but it is so far off any meaningful support, I am hoping for some pullback to get back in at a lower price. I also switched into some CF Industries (CF) yesterday during the afternoon selloff, as it fell to $71 or its 20 day moving average so I flipped from 1 fertilizer company to another.

Long Mosaic, CF Industries in fund; long CF Industries in personal account

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