May 14, 2014
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
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
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.
March 5, 2014
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.
February 12, 2014
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.
January 22, 2014
Just one pick today, and I actually have some enthusiasm for this one.
But first: Hey, how about that 2013, huh? My best year ever, as I had a 49% return on my investments (which you did, too, most likely, if you’ve been purchasing these recommendations).
Anyway, here we go 2014. I’m not expecting so much this year.
But I’m going to pick up some B Communications Ltd (BCOM), which is an Israeli telecom company. We could always use better communication in Israel, right?
As I said, I actually have some enthusiasm for this one (even though it is already up substantially over the last year), so I’ll be loading up.
January 2, 2014
As we close out what was a pretty darned good year for us in the market, I’ve got a couple of unenthusiastic picks to begin the new one.
First up, I’m taking a small position in Shiloh Industries Inc. (SHLO), and, per usual, I don’t exactly understand what they do–but I think it has something to do with making your car run quieter and not tip over.
I’m also going to yawn and take a small position in Rock-Tenn Company (RKT), which I thought I owned once before but apparently I’m mistaken. I might be confusing them with some other “packaging materials” company that I owned before.
I’m hoping 2014 will be another good year for us, since we will hopefully be getting rid of some of this wacky Congress that has hurt the economy so much the last several years.
December 11, 2013
I’m a little late getting to this post and have already purchased the following 3 stocks: Employers Holdings, Inc. (EIG), an insurance company and the one I am most intrigued by, with the other two (in which I took smaller positions) being Chase Corporation (CCF), which manufactures something or other, and Pike Corporation (PIKE), which is in the energy business.
The market has been disappointing of late, but I’ve still had a gangbuster year, being up over 30% so far.
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…
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!