Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice! As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.
A few moments ago, with that 'nickel' in hand, I saw that Flotek Industries (FTK) had made the list of top % gainers on the AMEX. Flotek is an old favorite of mine having written it up as recently as May 26, 2007. Their 2nd quarter 2007 report was strong, their Morningstar.com "5-Yr Restated" page looks intact, and the chart still is impressive.
Thus,
FLOTEK (FTK) IS RATED A BUY
And buy I did. A few moments ago I used up that nickel and purchased 280 shares of Flotek (FTK) at $25.41 ($32.40--please see comment below...thanks to Allan for noticing the error!) Wish me luck. I don't know if this rally is just a 'dead cat bounce' or is something more substantial. I shall stay with my system.
Bob
Updated: Monday, 13 August 2007 5:33 PM CDT