ONE IDEA.Name: Curtis Horton Home: Reseda Age: 43 Occupation: Attorney One idea: Horton bought 1,200 shares of Spacedev, Inc. for around 60 cents apiece a year and a half ago. Spacedev was one of the companies that recently helped Dick Rutan's Space Ship One go into space. Quote: ``It's a penny stock Penny Stock A stock that sells for less than $1 a share but may also rise to as much as $10/share as a result of heavy promotion. All penny stocks are traded OTC or on the pink sheets. Notes: Penny stocks are highly speculative and risky. at this point, but it's done very well from that modest level. There are a lot of smart people from JPL (language) JPL - JAM Programming Language. working there.'' Ticker ticker An automated quotation system on which security transactions are reported after they occur on an exchange floor. Even though the newer systems are electronic and no longer actually tick, the name of the old mechanical device has stuck. : SPDV SPDV SpaceDev Inc. (commercial space exploration company) SPDV Site Preliminary Design Validation Friday's close: $1.49 |
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