"Be fearful when others are greedy. Be greedy when others are fearful."
-Warren Buffett
Intelligent Speculation
for the small investor
My name is Phillip Lyon and I have created this website to help the small investor. My investment philosophy is to invest in undervalued stocks that also have a speculative aspect. My website contains free stock picks and stock market commentary so check back often and tell your friends about my site.
MCZ - Buy and Accumulate at Current Price
MCZ - Mad Catz Interactive (American Stock Exchange) (Closing Price on Friday - 12/29/06 $0.58)
If you have been accumulating MCZ you have been able to buy shares at a cheaper price than I originally recommended MCZ at. I still believe MCZ is a good buy so I am going average Friday’s closing price with my other price recommendations.
If you look at MCZ’s chart you will see that the share price is due for another climb up. There will probably be a pre-earnings run also. If the share price does run up again before earnings I would lock in some gains. I would still hold the majority of my shares though and see what they report next quarter.
Disclosure: I currently own shares of MCZ.
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