A lot to give Thanks for!

Welcome to LowCapital.blogspot.com - today is Tuesday November 21st. The Dow was up 5, the Nasdaq up 2 and the S&P 500 up 2. The market was trading on pretty low volumes today and really just crept up. I'm not sure if that's because of the upcoming long weekend and everyone taking the day off or if it was because prices were creeping back up. Either way, given the amount of blockbuster mergers and takeovers being announced yesterday I expect good growth for a few more weeks.

I think there are a couple of plays that can work out for us over the short term. One of them is Level Three (LVLT). They recently acquired BroadWing, which I think will make them a fantastic company. I took down several hundred of their shares today during the intraday low... and I don't do things like that unless I'm sure of growth. I would look for this stock to go from $5.15 to $8 within 3-4 months.

I'm also still high on IDCC... this company just looks too good to be true. Earnings are going gangbusters and the P/E is miniscule. Get in now before this one doubles. See previous days posts.

I'm taking off for the rest of the weekend to explore investments in major beer brewers if you know what I mean... Either way, the way the market is going, we have alot to be Giving Thanks for!