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Non-Tech : Home Solutions of America (HSOA), The best is yet to come
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To: Labrador who wrote (20662)7/8/2009 2:11:35 PM
From: FHM  Read Replies (1) of 20808
 
wonder how many other horrific investments he made besides Home Solutions?

$140 million is a lot of cash to blow

moving on to sunnier subjects, if anyone still comes here, you might want to take a look at China Ritar Power (CRTP.OB)

looks like a very interesting play on China's burgeoning demand for "green" batteries in multiple applications:

from Yahoo:

"About China Ritar

China Ritar designs, develops, manufactures and markets environmentally friendly lead acid batteries with a wide range of capacities and applications, including telecommunications, Uninterrupted Power Source (UPS) devices, Light Electrical Vehicles (LEV), and alternative energy production (solar and wind power). China Ritar sells, markets and services six series and 197 models of Ritar-branded, cadmium-free valve-regulated lead-acid (VRLA) batteries. Products are sold worldwide with sales in 81 countries including China, India, and numerous markets in Europe and the Americas. Additional information can be found at the Company's website ritarpower.com ."

I've been kicking the tires on it for about two months since someone I respect (sams2901 on the Yahoo mbs) recommended it, and finally pulled the trigger this a.m. on a very modest position (2K shares). The China Mobile press release was what pushed me to finally buy:

finance.yahoo.com

whether I continue to add will depend on the company's continued execution and the performance of my other stocks, but I like this one enough to mention it to folks who could use a good tip. there's a Yahoo mb, but it isn't terribly active.

of course, do your own due diligence before investing any money in ANY stock.
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