Hello LEAF FUND members!
We finally had an upward movement on Thursday 3/20/08. + $68.00. Thank goodness! The fund has been tanking all month. All the stocks we are in are down considerabley. GBRC was almost at 50% of our original buy. Would have been a great time to add to our position. I know I made some chump change on a couple hundred shares. ZAAP has dropped way below it's value IMO. I grabed 1000 shares at .55 for myself also. Our coffee stock GWDC is over 50% down. But we bought so little that trading it is not an option. I'm not sold on the coffee, I mean they have some good beans, but nothing radically better than other competitors. Hopefully the China shops do well and we can get back to even. We are still waiting on the first shop to open. It was scheduled to open in FEBUARY, but was pushed back do to bad weather causing building delays. That leaves SIRI, what a mess. Not a stock I would pick if we had a do over. :angry: All we can do is wait and hope the merger gets approved.
On a completely different note. LVLT is at a price that I consider a buy. They had a managment shake up, which might generate some confidence in the stock now. Nullsmurf would know more about this than me though. The Director of Level 3 has been buying quite a bit of stock lately, which is a good sign. You guys might want to look at LVLT for your personal porfolio's. JMO.
The Fund value as of the market close on 3/20/08 is : $641.98
That breaks down to $25.6792 a share.
Not so good. But.... we are still in the game.
Remember... next month will be buy in time. Also for those that want out... this is time to sell your shares. For those of you interested in either, keep your eyes peeled for instructions on this thread.