Since the nuclear disaster in Japan, Uranium has taken has a huge hit (Global X Uranium ETF) as could be expected. As of now, Uranium is trading at its 52 week low of about $12.90, while back before the disaster it was up around $22. I think this is a golden opportunity for us to get on URA while its at it low point and ride reap in profits as it climbs back up to where it was pre-Fukishima.
Don't believe the hype, Nuclear is not going away. Think about all the countries in the world that use nuclear power besides Japan. Do you really think they are all just going to decommission all their nuclear power plants based on one disaster? No shot. The dip in prices is solely based on the disaster and will almost certainly rebound. I think this is almost a no brainer to get in now on a great commodity before stock prices rise again in this sector.
I motion we invest about 75% of our money market into URA.
If you guys want to do some more reading - here is a good article about it.
http://www.streetauthority.com/a/invest-clean-energy-prices-double-458295
Monday, May 23, 2011
Thursday, May 5, 2011
LB Foster and TM?
With a decent balance in the money market - discussing other possible investments for TM is a good plan.
I want to bring the company LB Foster (FSTR) to the table for discussion. I was talking with a guy I work with about investments and companies that might stand to gain when the construction industry picks back up and he mentioned LB Foster.
L.B. Foster is a manufacturer, fabricator and distributor of products and services for the rail, construction, energy and utility markets. As you guys are probably well aware, our country's infrastructure is a state of disarray in desperate need of upgrades and repair. This includes bridges, highways, rail, water and sewer. Bridges and highways probably being highest on the priority list (case in point; the bridge collapse in MIN). Obama has also made it pretty clear that improving the country's rail road system is a top priority.
Well it just so happens that railroad and bridge/road construction products are LB Foster's specialty, not to mention a sizable list of other infrastructure related construction products.
I just wanted to bring this to the table to see what your thoughts are on FSTR as a possible investment. These guys are top name in the construction industry and solid company financially from what I have read. This could be a good long term investment which could bring some quality returns as construction picks back up here in the US.
I want to bring the company LB Foster (FSTR) to the table for discussion. I was talking with a guy I work with about investments and companies that might stand to gain when the construction industry picks back up and he mentioned LB Foster.
L.B. Foster is a manufacturer, fabricator and distributor of products and services for the rail, construction, energy and utility markets. As you guys are probably well aware, our country's infrastructure is a state of disarray in desperate need of upgrades and repair. This includes bridges, highways, rail, water and sewer. Bridges and highways probably being highest on the priority list (case in point; the bridge collapse in MIN). Obama has also made it pretty clear that improving the country's rail road system is a top priority.
Well it just so happens that railroad and bridge/road construction products are LB Foster's specialty, not to mention a sizable list of other infrastructure related construction products.
I just wanted to bring this to the table to see what your thoughts are on FSTR as a possible investment. These guys are top name in the construction industry and solid company financially from what I have read. This could be a good long term investment which could bring some quality returns as construction picks back up here in the US.
Wednesday, May 4, 2011
Can't own facebook yet? Oh yes you RENREN!
Let's face it. Facebook will be offering itself to the public - but it's going to be at least 12-18 months or even longer before we see something like. With valuations over 50B on the low end (currently) it's going to be a HUGE IPO and likely will be quite pricey. Recent statistics have shown that Facebook is already accounting for 30% of ad impressions online in the US - a stunning figure (simply stunning).
China has it's own Facebook - it's called RenRen (the Everyone Network) and it just had it's IPO, debuting at $14/share on the NYSE. In the first day the stock surged nearly 30% and is currently up again in after hours. I motion that we move some money market funds into RENREN tomorrow and never look back!
Well we can't own it yet unless we buy shares on the secondary market.. however we can own the next best thing. Facebook currently can't (and won't for the foreseeable future) open their business in China - as we all know the largest market and by some estimates soon to take over the #1 spot as soon as 2016 for GDP - putting the US in 2nd place for the first time in --- well nearly forever. Estimates show that China will surpass us and never look back - and these estimates are based on cold, hard, facts.
China has it's own Facebook - it's called RenRen (the Everyone Network) and it just had it's IPO, debuting at $14/share on the NYSE. In the first day the stock surged nearly 30% and is currently up again in after hours. I motion that we move some money market funds into RENREN tomorrow and never look back!
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