No. of Recommendations: 0
I still think this one has the best long-term prospects of all the MUE holdings. I just wish the share price wasn't so darn volatile! :-)

So use the volatility.

I set up interesting companies on a spreadsheet, and arrange for the best (estimated) buy to sort to one end, and the best (estimated) sell to sort to the other, based on various factors, including a subjective adjustment for each. The spreadsheet then uses current and past prices and other inputs. to give me a suggested buy price and sell price for each, WHICH IS VARIED IN AN ORDERLY MANNER, according to the ranking. I buy from the one end, and sell from the other. Inputs are entered on Friday night, Saturday, and Monday morning, when things don't change.

PWER is on the list, and right now is almost in the middle, 46% of the companies down from the buy end. I own some, bought lower than now.

In contrast, as of this weekend, EXC is at the sell end, and NGLPF is at the buy end. Of course, the list needs to be culled and added to - a company that goes out of business was a poor buy, and one that rocket was a poor sell. This list helps me to aim the emotion at improving the method, instead of grabbing at the latest hyped stock.

Due diligence is re-done on whatever stock reaches the end before doing anything. Buys or sells are set up with limit bids.
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