Wednesday, January 23, 2008

Today Jan 22 2008

Wow what a ride the stock market has had, on Oct 10th 2007 I sold all most all my stocks at 14,000 Dow the high was October 9th 2007. Yesterday I bought it all back at 9; 20 am and today I am up 7.50% on just one day.After 60 years you do learn some thing.
I started my Venture company AGS Capital LLC in 2002 after working for public companies for 35 years. It is a venture capital company that buys into or all of troubled business . We have done 14 deals and own interest in a dozen companies.Most have been troubled business that needed management changes and money.That is what we bring to the table.
We are thinking of starting a new fund were investors can give us money to invest in business that we like along side with us.We have make greater than 40% return annually so why not let others have 40% annual plus returns. Heck I have enough money to help other.
www.ags-capital.com is our web site, have a look.
I think that we are in for a rocky road economically for at least all of 2008 ,that is good for us.We like to buy companies when there is lower acquisition prices and better up side for us.I see banks less patient with companies and requiring better management and more money.
I started ASG Capital LLC in 2002 .Terri my wife said when I was looking at what to call it use the first letter of your names. Alan Gordon Symons thus AGS ,like IBM .
This year should be fun.so far looks good. More latter

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