Saturday, January 7, 2012

Bought MACE; Yahoo! Gets New CEO; GOOG 52-Week High

I spent the first week of 02012 out of town and didn't look at stocks until today (Saturday, 02012.01.07). Week #1 of 02012 in a nutshell: Dud.

On 02012.01.03, the first day of trading in 02012, I bought some more Mace Security Intl. (MACE) at $0.20 per share. I wrote the following prior to leaving town on 02012.01.02.

Mace Security Intl. (MACE) is a penny stock that might not end up hitting $0. Nasdaq.com::InsiderTrades::MACE

On 02011.12.19, Mace issued a press release announcing the hiring of a new CEO. Mace Security International, Inc. Announces Appointment of John J. McCann as Chief Executive Officer.

MACE ended 02011 at $0.19. Balance sheet shows $0.12 per share in cash; minimal debt; 2.56 current ratio. At current price the stock has a 0.64 PSR (Price-Sales-Ratio).

On 02012.01.04, Yahoo! (YHOO) issued this press release: Yahoo! Appoints Scott Thompson Chief Executive Officer. YHOO ended 02011 at $16.13 and is at $15.52 after the first week of 02012.

On 02012.01.04, Google (GOOG) hit a new 52-high of $670.25. There are good chances GOOG hit $666.66 at least once on both 02012.01.03 and 02012.01.04.

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