Today I reversed my decision on Monday to sell CKSW. I need to just follow the rules and stop being a rule buster. CKSW stays until January 2010. I did get it back a dime cheaper, but I'll act in my MFI tacking as if I never sold it.
FRX was the first of my stocks to post earnings today (Forest Laboratories, Inc. Reports Fiscal First Quarter 2010 Earnings Per Share of $0.87). This stock doesn't get much love, I thought the numbers were pretty decent, but they closed flat today. I read the transcript of the earnings call (Forest Laboratories Inc. F1Q10 (Qtr End 06/30/09) Earnings Call Transcript). They made 87 cents per share, this is a company that is building a large war chest of cash. They had $8.56 per share going out of last quarter, and while they didn't show a balnce sheet (strange) I gotta believe they're over $9.00 for a $26 stock.
Tomorrow PFE and CKSW report. Cross your fingers for me.