Some of our favorite names at Investor in the Family have been on a big slide lately. It’s very possible the correction is not over, but we’re taking advantage of the price drops to buy more either way.
Glu Mobile (GLUU) has been a favorite for some time and is down 28% from recent highs. The stock is sitting at just over $4 currently. Our price target of $9-12+ is unchanged and we bought more this week.
Amtech Systems (ASYS) is another favorite that we have already seen double from our initial buy price. The stock is currently at just under $10, down 28% from recent highs. We believe a double from here is very realistic, we are buyers at the current price.
Bitcoin has taken a major hit lately, prices have dipped below $400. We spent some more lottery money on some fractional amounts this week. For information on how to buy Bitcoin as well as our views on investing in it, please see our article, “How To Buy Bitcoin.”
SPECIAL OPPORTUNITY: We first got tipped off on GLUU by our friends at Poised to Triple. Investor in the Family readers can enjoy $500 off a lifetime subscription to PTT Research using this link http://mbsy.co/38flN and the code “faminvestor” at checkout. Our lifetime subscription paid for itself in two months.
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