Thanks for the tip on GEHL. The insider buying is certainly good, however most or all of that is exercising options. So I will look more to the business fundamentals and will let you know if I take a nibble. BTW - I am starting to have trouble finding attractive stocks.
The stock which I found and have not posted here, which has the numbers in its favor and some reasonable insider buying is MDU. I just loaded up the truck. biz.yahoo.com
They make a lot of ther profits on construction, although they are predominately a utility. yahoo.marketguide.com
... OT -- I am happy to report on my fine year in 2001. I am up 23.4% for 2001. My 2000 performance was tolerable at +4%. 1999 was a very dismal loss of 19%. My nest-egg is now re-established. :o)
More importantly, I think the investment lessons I learned are truly learned. I am diversified with 80 stocks, in many sectors -- the pick of the sectors, I hope. Around half are income generating (high dividend, REIT, or preferred stocks) which will comfortably provide me with eternal meal-tickets, campground fees, plane fares and whatever.
I worked full-time until I was 40, then part time up to 50. I have been working part-time an a financial manager for the past year. I just had a health scare with my eyesight, so when I asked the retirement question "why not now?", I clearly couldn't not answer. (I lot of people were asking themselves that question after 9/11, according to a Wall Street Journal article). My recent answer was "because it is entertaining", is not valid.
I am leaving the work force for good this time. I have a new boat, a nice camper, a great motorcycle, and my wife has been beating me at raquetball so I clearly have to practice. My eyes are still at risk, so I am going to have fun full-time. I felt like sharing my story.
Grommit |