July 17, 2014

Stock Pick–July 17, 2014

Category: Money & Investments — jerry @ 1:36 pm

I’m going to jump back into AmTrust Financial Services, Inc. (AFSI), which I bought in July, 2010, and sold a couple of years later, pretty much doubling my money. It has kept running up (me missing most of it) and now is back on my screen, so I guess I’ll try, try again.

Good luck!

March 18, 2009

(Randomly)FROM THE ARCHIVES:
Too Fat To Work?

Category: Uncategorized — jerry @ 6:00 am

From THE TELEGRAPH:

Philip Chawner, 53, and his 57-year-old wife Audrey weigh 24st. Their daughter Emma, 19, weighs 17st, while her older sister Samantha, 21, weighs 18st.

The family from Blackburn claim £22,508 a year in benefits, equivalent to the take-home pay from a £30,000 salary.

The Chawners, haven’t worked in 11 years, claim their weight is a hereditary condition and the money they receive is insufficient to live on.

Mr Chawner said: “What we get barely covers the bills and puts food on the table. It’s not our fault we can’t work. We deserve more.”

The family claim to spend £50 a week on food and consume 3,000 calories each a day. The recommended maximum intake is 2,000 for women and 2,500 for men….[Rest of article]

December 27, 2008

(Randomly)FROM THE ARCHIVES:
People Are Idiots

Category: Technology — jerry @ 5:56 am

We deserve the world we’re getting–but our kids and grandkids don’t. From CNNMONEY.com:

NEW YORK (CNNMoney.com) — After nearly a year of flagging sales, low gas prices and fat incentives are reigniting America’s taste for big vehicles.

Trucks and SUVs will outsell cars in December, according to researchers at the automotive Website Edmunds.com, something that hasn’t happened since February.

Meanwhile the forecast finds that sales of hybrid vehicles are expected to be way down.

“Despite all the public discussion of fuel efficiency, SUVs and trucks are the industry’s biggest sellers right now as a remarkable number of buyers seem to be compelled by three factors: great deals, low gas prices and winter weather,” commented Michelle Krebs, Senior Editor of Edmunds’ AutoObserver.com.

This month, trucks and SUVs will make up 51% all vehicles sold in the U.S., according to Edmunds.com….[Rest of article]

June 25, 2014

Stock Picks–June 4, 2014

Category: Money & Investments — jerry @ 12:24 pm

Just one pick this time around: Modine Manufacturing Company (MOD).

They manufacture “heat exchangers” for vehicles.

Cool…

Anyway, they have a really low P/E ratio–which I always like, although that can also be a sign of something…wrong.

So, good luck!

And Happy Investing!

June 4, 2014

Stock Picks–June 4, 2014

Category: Money & Investments — jerry @ 12:45 pm

Three picks today–I’ll be taking positions in each one. First up is Omega Protein Corporation (OME), which makes–you guessed it–food supplements featuring Omega-3 fish oil. Good for your heart AND (hopefully) for your portfolio.

My second pick is Moneygram International Inc. (MGI), which is in the money laundering transfer business. They’ve been around since 1926 (old school) but are apparently dabbling a bit in “Bitcoin”. I would generally run away screaming from anything “Bitcoin”, but I don’t think the company actually speculates in those silly things themselves, but might make their transfer possible. Don’t know. (Today’s primary investment tip: “Run away screaming from anything ‘Bitcoin’!”)

And lastly, I’ll be taking a position in Warren Resources Inc. (WRES), as I think I’m a little light in the oil industry and this one looks interesting. (Today’s secondary investment tip: “Don’t confuse fish oil with petroleum oil!”)

May 14, 2014

Stock Picks–May 14, 2014

Category: Money & Investments — jerry @ 12:38 pm

I’m revisiting an old Chinese stock I purchased back in 2008 and quadrupled my money in. For want of finding anything better, I’m going to get back in on China Automotive Systems Inc. (CAAS).

This despite having recently lost my shirt on another Chinese stock recommended here about a year ago which recently had its trading suspended: Lihua International, Inc. (LIWA). According to a recent story about that stock, the company “…made false and/or misleading statements and/or failed to disclose that: (i) the Company underwent a significant downturn in its business beginning in late 2012; (ii) the production activities of Lihua decreased in 2013 and nearly stopped after January 31, 2014; (iii) the Company’s warehouse was seized by a court in the People’s Republic of China; and (iv) one of the defendants is being investigated by Chinese police for larceny after attempting to move inventory.” Ouch!

Better luck this time.

April 23, 2014

Stock Picks–April 23, 2014

Category: Money & Investments — jerry @ 12:00 pm

Two picks today, only one of them evil.

First up, is American Equity Investment Life Holding Co. (AEL), which I actually recommended here once in 2007 and which, as I recall, I subsequently lost money on. Better luck this time.

The evil one–especially since I already own a competitor, recommended here back last Halloween–is good old Smith and Wesson (SWHC). I guess I’m figuring that yeah, I’m a good old liberal anti-gun person, but–a buck’s a buck.

Good luck, and let’s hope that if we lose money on one of these it’s Smith and Wesson…

March 26, 2014

Stock Picks–March 26, 2014

Category: Money & Investments — jerry @ 12:04 pm

I’m loading up today on Federal Signal Corp. (FSS), which has its fingers into a number of pies–but they won me over with the manufacturing of street-sweeping equipment. I’m pretty low in that niche.

I had a little trouble finding anything of interest this time around, but this one has a nice low P/E ratio and showed up on my screen.

Good luck!

March 5, 2014

Stock Picks–March 5, 2014

Category: Money & Investments — jerry @ 10:40 am

A couple of picks today: First up is OFG Bancorp (OFG), a banking/finance company in Puerto Rico. I wonder if I can deduct cruises to Puerto Rico now to, you know, “watch over” my investments.

My other pick is Cirrus Logic Inc. (CRUS), the semiconductor folks who reside somewhere in my computer and yours. They are a pretty big company, which makes it an unusual pick for me, but showed up on my screen.

Good luck!

February 12, 2014

Stock Picks–Feb. 12, 2014

Category: Money & Investments — jerry @ 1:42 pm

I have some enthusiasm for these two picks this time around–although the second one is a little risky due to some pending lawsuits. Be careful!

First up, I’m buying some Alliance Fiber Optic Products Inc. (AFOP), which is obviously in that fiber optical business that is all the rage these days. (Or was that 10 years ago?)

My risky lawsuit-plagued one is Cooper Tire & Rubber Co. (CTB). That’s the one to be careful of, I guess, but…I like to live on the edge.

Weird market out there these days, too.

Good luck!