Update Number 1
Long on YUM and have a limit order in to pick up some more (my limit order is way below market price ($50) so the market will really have to dive for me to increase my position). Did buy GE and AA yesterday as well. In hindsight, I could have waited until today but without knowing how/when Congress is going to act, it's very difficult to judge how the market is going to re-act.
Numbers for IO (ION Geophysical):
PE: 42 (high for me)
PEG: 0.689 (not bad)
EPS Growth Rate (estimated, YOY): 60.87% (good!)
Sales (5 year average): -1.2% (yikes!)
Net Profit Margin (5 year average): -10.7% (yikes! again!)
Current Ratio: 2.6 (ouch!)
ROA (5 year average): -8.2% (ouch!)
ROI (5 year average): -13% (ouch again)
LT Debt to Equity: 0.27 (okay)
These are the basic numbers I run on companies I am considering investing in. Based on these numbers, I am going to wait for IO to announce their quarterly results on the 4th of August, and will re-examine it again...but I'm not buying now.