Here is a company that I have a real interest in. Not investment advice!
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E.to
Kind of sounds like their business model (plan) is similar to how Wayne Huizingh built up Waste Management and Blockbuster and currently Swisher. It basically is purchasing and consolidating businesses. The important element is that the purchases are favorable. Even though they show favorable net income on their P&L their ultimate EPS appears low and is probably due to the fact that they have large principal payments on their balance sheet—-I could be wrong but that’s my guess. It would help to know what their debt/capitalization ratio is .
There are two ways to hold gold where its difficult to lose your positions. (1) You can own shares in company with little or no debt, parked next to a senior miner with staying power and you don’t trade the shares but rather just hold em. Or, you can own physical silver and gold held in your posession. Homestake Mining was paying a dividend over $50 per share on its shares in the 1930’s after Roosevelt messed with gold. That I found interesting. Other things to buy and hold would be STUFF , things you need to get through the day. Current world conditions signal the manipulators in charge are working hard to steal anything not nailed down. Think it through carefully and make your best decisions for YOU. I stick with my forecast it all hits the fan in Q-4 2013 and Q-1 2014. Make your plans accordingly. Traderrog http://www.wavelengthpublishing.com
ticker?