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.
Certainly no offense meant. Certainly no subtle racism here. Fox would want you to note that while the caption they chose to display was flashed, they were even featuring conservative commentator Michelle Malkin who, as you can see, is quite dark-complected herself (albeit in a high-SATs-and-dominating-Spelling-Bees kind of way) and, gosh, we here at FOX News love Negroes and have some number of them working on our staff and even on camera and we certainly didn’t mean anything by referring to this Negro woman as a “baby mama”, and, gosh, we don’t get what all the fuss is over…:
(No “liberals” actually used the phrase “baby mama”–only FOX’s caption writer).
As an outraged liberal, I do think that we should leave the wives out of the upcoming contest and promise that this blog will never use phrases like, for instance, “large-bosomed Stepford Beer Princess”.
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!”)
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!
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…
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.