Herzfeld Caribbean Basin Fund, Inc. (NASDAQ:CUBA)
The fund seeks long-term capital appreciation through investment in issuers that are likely, in the Adviser's view, to benefit from economic, political, structural and technological developments in the countries in the Caribbean Basin.
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Yeah, right!
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a 22M dollar company earning negative 12M per year... hmm.
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Been thinking of shorting this. However have heard some people have had trouble with squeeze. CUBA is now on buyins.net naked short list as of yesterday.
http://www.tradingmarkets.com/.site/news/Stock%20News/2300783/
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Have a strong feeling this will turn around and out perform the market. Was right when I had it as an underperform and ended it with a good score. Hopefully I'm right again.
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short slope of hope
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I think this fund will grow, as the area improves in the quality of life. Cuba, just part of this funds area, will lead the way when the US opens Cuba up to travel by US citizens.
I have heard of one company in Florida that is ready to become a major car dealership organization in Cuba, when Cuba is open to US citizens. I am sure there are travel, banking, agriculture (TNH I hope ) companies, ready to pounce on the economy of Cuba to bring it into the 21st century.
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when raul finally opens up and US ends embargo
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Positioned to take advantage of Castro's downfall.
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I'm not objective about this stock because my wife is from Cuba. But if the US finally does something about this silly embargo, I at least want to make some money off of it!
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fund overvalued per its nav.
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CEO is selling/Approaching 52 week high - time to pull back from the table with some winnings and find another chump table.
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Bad karma . . .
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Based on graph trends.
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CUBA... closed end fund that holds companies that stand to profit from future business in Cuba. Fidel is warming the sheets of his death bed now.
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