Saturday, November 07, 2009

Another Week - November 7th

Another week in the books. It was a good one, think I ended up about 5%. I have been saying that ongoing M&A in a key to our MFI stocks going up. It was good to see that RX (a stock that has been on the lists for a long time, got bought this week (UPDATE - IMS agrees to $4 bln deal, biggest LBO this year). The stock has skyrocketed from $15 to about $21 in the past month. Good stuff. Also, Buffett buying BNI is very bullish in my opinion.

I did get what ended up a good earnings report Thursday evening for UEPS (Net 1 UEPS Technologies, Inc. Announces 2010 First Quarter Results) the stock ended up about 5%.

Here is my weekly graph


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