Fulton Associates

Tuesday, November 20, 2007

Our first purchase!

Gentlemen,
Today at around 1pm we became the proud owners of 100 shares of LLL @ $36 per share. The stock has been volatile over the past few weeks, mainly due to its high beta in a volatile market (and some seaweed fiasco), but I believe this is a good entry price in a great growth stock. We're off an running!

5 Comments:

At November 20, 2007 at 5:22 PM , Blogger Arash said...

Huuuuuuuuuray...
I cannot believe that we actually bought something!
We are one step closer to being rich ;)

 
At November 20, 2007 at 9:38 PM , Blogger Des said...

OK if this thing doubles in a year I'll wear a pair of Lulu tights!

 
At November 21, 2007 at 3:15 PM , Blogger Junk Bonds said...

up 9% today in a down market! You might have to wear those tights next week after earnings!
But seriously, I wouldn't have bought this volatile stock if I thought it would double. I'm thinking 3 or 4 bagger!

 
At November 22, 2007 at 7:18 AM , Blogger Des said...

In that case I'll have enough money to buy a whole wardrobe of tight fitting cloths. Yikes!

 
At November 22, 2007 at 12:36 PM , Blogger Junk Bonds said...

LLL is up another 3.5% today. You better start running if you want to look sexy in those tight clothes!

 

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