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Varchild2008 (84.46)

I guess I'll be a complete moron and invest in Micromem

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May 01, 2008 – Comments (0)

I've been eyeballing Micromem (mmtif.ob) for a long time.  When it comes to speculative stocks and the fact that I have already made lots of mistakes, I waited and sat on this thing for 30 days.  The stock price is already priced in.  The Jump already happened.    So why bother?

Well.... Why not?  What do I have to lose if I just toss a few coins at Micromem technology and see if that company still exists next year.....  Why not? Ignoring Penny Stocks is ignoring all of the advice we get from FOOL.com.

This is about Value Investing.    I see value in MRAM technology.  I love that the RFID aspect of it so much that I salivated over this thing for 30 days.

I waited 30 days.  I spent plenty of time researching this stock.  I don't care how much debt it racks up.  I don't care about the financials.

When it comes to Micromem.... The only thing I care about is the product's future.

You can't make MR. Market.... hate this stock.

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