November 20, 2013
A couple of unenthiastic picks this time. I’m selling off half of my Telecom Argentina S.A. (TEO), picked here a year ago, because it has doubled since then. I’ll hold the rest of it for another year most likely, but I like to lock in some of my gain after a doubling. I’ll be putting equal shares into Pike Corporation (PIKE), which does something in the “…energy solutions for investor-owned, municipal, and co-operative electric utilities in the United States…” area, and into Outerwall Inc. (OUTR), which owns and operates those Redbox kiosks (and those change-counting machines you see in grocery stores).
This last one I’m particularly nervous about, since they’re in competition with Netflix, which seems to be on its way to conquering the world. On the other hand, Blockbuster has given up the ghost recently, so maybe it’s Redbox’s time. We’ll see…
February 10, 2007
July 18, 2010
October 31, 2013
A scary pick today–in that, I don’t have a lot of confidence in it but it was the only thing showing up in my screen this time.
This time I’m putting it all on Ducommun Inc. (DCO), which provides engineering and manufacturing products and services primarily to the aerospace and defense industry. I generally do pretty well in that industry for some reason. I morally hate funding the military/industrial complex, but since the last time I expressed concern with the values behind my investing in Sturm, Ruger & Co. Inc. (RGR)–a gun manufacturer–back in April, I’ve made 35% on that Evil Investment, so…
I guess Blood Money still spends.
Anyway, good luck!
October 9, 2013
Here are two picks for this cycle: ChinaEdu Corporation (CEDU), which is a small operation in the online education business in China. (Where do I get these picks?!!), and Walter Investment Management Corp. (WAC), which is a big operation providing business services to the residential mortgage industry in the United States.
So, you know, a little diversification there.
Who am I to mistrust my “screen”. It has been working pretty darned well for me lately.
September 18, 2013
Just one pick this time–Journal Communications Inc. (JRN).
And hey–how about that stock market lately? I hope this holds up.
I’m understandably nervous about getting into the tv/newspaper business–lots of competition out there–but I still trust my screen, especially lately.
August 28, 2013
Just one pick this time, and I’m kind of liking this one.
I’m going with Park-Ohio Holdings Corp. (PKOH), which is an industrial supply chain logistics and diversified manufacturing company in the United States, Asia, Canada, Mexico, and Europe. I’m not clear what that is, but I’m reading a book right now on supply chain logistics, so the purchase seems timely.
August 7, 2013
These picks strike me as a bit risky, so caveat emptor. I’m going to buy both of them today though.
First up is a nervous-making Grupo Financiero Galicia S.A. (GGAL) which is in the finance industry in Argentina. This is nervous-making because I know nothing about the finance industry in Argentina, PLUS I already purchased some Banco Macro S.A. (BMA)–another Argentinian financial stock–less than two months ago, possibly messing up my diversification. I suspect there may be some reason Argentinian (Argentine?) financial stocks are a bit depressed right now. Nevertheless, once more into the breach.
My other pick this time is Seaspan Corporation (SSW), which is in the shipping (on ships) business. Another business which I know very little about, but have made some money in during past years.
July 17, 2013
A couple of “penny stocks” (almost) this time.
First up is Art’s-Way Manufacturing Co. Inc. (ARTW), an obscure little company that manufactures and sells agricultural equipment, specialized modular science buildings, and pressurized steel vessels in the United States and internationally. Showed up on my screen, so I’m going to take a small position in it.
The other one–also at roughly $6 per share–is New York Mortgage Trust Inc. (NYMT), which is a REIT dealing with, gulp, mortgages and refinancing. I’ve stayed out of this sector for a while, but maybe it’s time to jump back in. Taking a larger stake in this one.
June 26, 2013
A couple of Argentinian stocks in the financial sector came up on my screen this time, but they look pretty risky so I’m going to take a half position in each one.
The first one is Banco Macro S.A. (BMA), which I owned once before and I believe I made a little bit of money in. Time to try it again.
The other is IRSA Investments and Representations Inc. (IRS)–you’ve gotta love that stock symbol.
Both companies are way down from previous highs. I’m no expert on the Argentine economy, so I’m sure these are risky picks–that’s why I’m dividing my money between the two, although that’s no guarantee they won’t both tank. Be careful!
And good luck!