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SoulStocks: Buy!

So far, the stock game hasn't been great. It's kind of a two steps up, three steps back proposition and I've made a few stupid purchases that bit me in the ass. Still, I'm doing OK and a lot of my long options seem to be looking like solid buys. I've cooled on the options buying a little bit but it is a good way to get in on high priced stocks without having to risk a ton.

I recently looked to cut some losses and reap some profits (while the getting was... halfway decent) so I have about 900 bucks to spend. I'll wait to see how the markets open but right now I'm looking at:

Kroger (KR): The grocery store corporation, owner of my neighboring Ralphs. Right now, I'm planning on buying one contract (100 shares) of the Jan 2010 $20 option at $2.35.
GE: General Electric's stock has plummeted and I have to believe that it's going to go up. Right now it's at just 14 dollars. NBC can't get any worse but, then again, I'm not a fan of Universal's future releases. And that's just the entertainment arm of the company. I might hold off on this one but right now I'm thinking about getting 10 or 20 shares.
Electro-Optical Sciences (MELA): OK, I'm breaking the rule about only buy what you know but this company is popular on all of the sites I use to research (famous last words) and is working towards a better melanoma test. I could be scared off of this stock tomorrow morning but right now, I'm thinking about grabbing 150 bucks worth of the stock (priced around 7 bucks right now).
US Geothermal Inc (HTM): I'm obviously not sticking to the buy what you know concept. But this green energy company seems like it's doing alright and it's cheap, just 1.59 per share. I'm thinking about 50 or 100 shares.

Of course, all of this could change by tomorrow morning and I might buy McDonalds or something but for now, this is the game plan. Then again, I might just look into bonds or just move it back into my savings account (which is probably the smartest move).


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