every coin has two sides, (I think the cash will deflect the ukranian pole): And, if you buy it at the mid $13, as I suggest, get forced to sell at $14 and pocket $0.70, who gets hurt. If it stays below $14, I would be happy writing for another month. Alsin has this as one of his best picks for 2010: MEMC Electronic Materials (WFR)With the stock down from $90 two years ago to $12 recently, it's an ideal time to invest in silicon-wafer maker MEMC Electronic Materials (WFR Quote). MEMC gives investors a way to participate in a rebound in semiconductor industry while its cash-rich balance sheet mitigates potential downside. This $2.9 billion market-cap company has over $1.1 billion in cash, net of all liabilities. After recently buying the largest solar energy services provider in North America (SunEdison), MEMC is now a major player in the solar industry. If you anticipate a modest rebound in the primary business -- silicon wafers -- it's easy to make a case for the stock to return to the $20s at a minimum. Add the solar business, and depending on how the business evolves, you've got enough upside to make this a multi-bagger.
I think this is the kind of give and take that makes blogs interesting! |
Sunday, January 3, 2010
Re: [ConservativeOptionStrategies] Re: Chris' WFR
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