Saturday, July 9, 2011
As the global economy is still recovering from the shock of yet another crisis in Greece investors are wondering where is a safe place to put some money where it won't matter what happens in Greece. The answer is simple, nowhere.
Every sector however unrelated to the events in Greece in the financial sector will be effected to some degree by global events, from earthquakes to terrorist attacks. The only 2 sectors that have really been in sell-off mode is the banking and Uranium, I don't want to say metals because gold & silver are doing fine. In fact they may continue to set new highs so I have 2 great ones in my portfolio. SFF.V & MGD.C Mahdia Gold.
Uranium has seen a lot of selling and some companies like YEL have possibly hit the bottom and started their bounce back up. I don't expect a rocket launch up but lets face it the world still relies on Uranium for the next 150-200 years by my calculations. By then I am sure we will find that it may be the key to something much greater than Atomic Power anyway.
Tech is hot and cold but if you stay in the "Social Media" space then investors seem to grasp the value in holding these for the long term. INT.V has been a long time favorite and with shorters covering it looks set to start its bounce as well IMHO. The Ortsbo growth remains viral and the following seems to be crossing all lines of culture.
Biotech seems to be a very long and hard road to follow. I love biotechs but tend to stay away from the cancer or MS stories that are emerging because they have a long road of placements and possibly R/S before they reach the pinnacle of events "FDA Approval". The American market is where they want to be and the cancer line up is long. The "device" section through FDA is not regarded as the same and KNE.V is in the home stretch for its quest to seal a large deal with the US Military. This is without a doubt a game changing event in progress and could come to a tipping point in a few short weeks or by the fall. Either way there seem to be a lot of investors on the fence due to questions on time lines. I don't claim to be an expert but a simple phone call to the company could put your mind at ease.
CFR.V has also had some light pointed in its direction lately, the company has a very small market cap vs its IP and assets not to mention we may see a roll out sooner than most expected.
CONTENT POSTED ON THIS BLOG DOES NOT CONSTITUTE A BUY OR SELL RECOMMENDATION. MANY OF THE COMPANIES PROFILED HERE I AM NOT INVESTED IN AND DO NOT INTEND TO INVEST IN. THESE ARE MERELY MY THOUGHTS ON MARKET CONDITIONS AND STOCK VALUATIONS. INVESTING IN THE STOCK MARKET CAN BE VERY RISKY AND YOU SHOULD ALWAYS CONSULT AN INVESTMENT PROFESSIONAL BEFORE MAKING ANY DECISIONS. ULTIMATELY YOU ARE RESPONSIBLE FOR CONDUCTING YOUR OWN DUE DILIGENCE AND PROTECTING YOUR MONEY.
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