5 Stocks and 5 Reasons to Buy Them
Here are five stocks, and five reasons to buy them. But really, you only need to know one thing: The valuations are absurd.
But if you still want more justification as to why you should buy, I've listed a few reasons that you can use to support your own investment hypothesis. Pick your poison. That said, I'm fighting an internal battle; I don't want to be too descriptive because I don't want more people out there driving up the prices I have to pay to buy.
How about 45% of the float being short, 11 days on the Regulation SHO list, breaking out of what was a six-month downtrend, increasing strength in business fundamentals, and a buyback equivalent to 30% or more of the float at current prices? Well, if you find yourself picking up the phone for your broker tell him you want to buy China MediaExpress (CCME). Merry Christmas. You might want to compare China Media to Focus Media Holding (FMCN), which is way more expensive.Aggressive Buyer? What are your thoughts on taking a low-risk ride on the gravy train thanks to investor Andrew Worden? He's aggressively been snatching up incredibly inexpensive shares of China Armco Metals (CNAM). He's bought so much that he's become an insider. Ride his coattails, I am.
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