Need More Money
May 14, 2008
– Comments (9) |
RELATED TICKERS: CPTS
, VIRC
, CSE
Ever have a bunch of good companies to invest in but not enough cash to play them all? That's where I'm stuck right now. FSUMF, CPTS, VIRC and CSE.
I hold a fairly large stake in CSE, but still want more. The promise of this company's share price doubling or tripling over the next few years is very alluring, not to mention the fact they are paying a dividend of over 15% which management has guaranteed for the next year. They're share price has been beaten down with the rest of the market, but there's seems to be unjustified. With CSE being a real estate investment trust/commercial lender, and still being able to turn a profit in a market like this speak volumes. Major companies are collapsing and taking huge losses but they're making money. Other banks won't lend to each other and they're securing huge loans for over $1 Billion. Did I also mention they are paying a 15% dividend?
FSUMF has the 3rd largest holding of iron in Australia and it's under contract to China. Infrastructure is almost complete and will be making first shipments shortly. HUGE potential.
VIRC is a solid manufacturing company who's price has been beaten down. Trading near an all time low, but seeing very nice bounce off of that low. I have a small stake in their company, but would love to hold a bigger piece. Stock is channel trading lately, enjoying it as it gives me more time to get more of a good thing.
CPTS is going to be a winner in my eyes. They make the only form of non-incisional birth control. By inserting a small disk into a woman's fallopian tubes, scar tissue will form and prevent conception. Non-incisional equals many things... Shorter recovery, lower costs, and can be done in an office much quicker than traditional methods. Company has yet to be profitable, but with sales projections that are on track, they should be by the end of the year. Next closest competitor is at least a year away from an FDA decision, and that's due to their product not working up to standards. That product may never be approved.
Hmmm... This is my first blog post ever. I like it. Allows me to vent and not irritate my girlfriend who normally interrupts and says, "Just stop right there, I have no idea what you're talking about." Guess I'm stuck playing these in the CAPS universe, and have to wait for some more money to free up. Can't wait for this energy bubble to burst so I can cash out my positions. Then again, there's always overtime available at work...
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