Better To Be Lucky Than Smart: Mind CTI (MNDO)

| About: MIND C.T.I., (MNDO)
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The Microcap Speculator submits: Yesterday I talked about my recent purchases of Israeli software provider Mind CTI (ticker: MNDO). I began buying based on the fundamentals and basing pattern, and accumulated more because the stock was unduly pressured when investors got jittery about Ariel Sharon's health problems.

I got a little lucky today. The company just preannounced higher Q4 revenues and earnings, causing the stock to rocket up over 15%. My guess is that it still has a ways to go.

DISCLOSURE: I am long MNDO. Not a recommendation to buy or sell any security. For informational and educational purposes only.

MNDO 1-Yr Chart