Immersion Corp (IMMR)

TheHarm (22.95) Submitted: 6/23/08 4:56 PM : Start Price: $12.95 IMMR Score: -18.79

This has to be the most volatile stock I own in my CAPS portfolio other than Ford and Sirius. I think all these companies are great long-term but have a near-term that is incredibly horrible. A great strategy would be to play off of this volatility by buying on dips. I would pick up IMMR from anywhere between the 5-9 dollar range, Ford from 4-7, and Sirius from 1-3. I think each of these could easily double and then some in a few years at these prices, especially if you buy on dips. Don't ever buy a stock on a day when it's up anyways for that matter... Buffett doesn't even factor the "macro" into any of his decisions, day-to-day blips, and he buys for the very long-term. Imagine if he did factor some of these things in...

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