Dennis;
I'm not holding Certicom, but am watching it as I think after the Microsoft hype
dies it may fall back and then be a good buy. I have my broker researching it. This is
the second venture into Canada for them. They own a Montreal based game
manufacturer, however the name escapes me right now. I think with a 40% premium
on their R&D dollar and loads of software talent, Canada is a prime investment
site for any US based firm.
Well I'm off to read the NHC report, thanks for the info!!
If you're into long term investing and like that 40% bang as the US dollar is up
this past week. Check out these:
Bombardia- aircraft, train, skidoo manufacturer
Hallmark Technologies- just patented a new stop sign made of reflective plastic
similar to car taillights.
Remember when investing in Canada, buy when the US dollar is rising and ride
the wave of the stock rise and the rising US dollar to double your return.
ie. If the exchange rate is 35% your US dollar buys $1.35 worth of Canadian stock.
However, when the exchange rate rises to 40% and the stock rises 10%, your
return is as follows:
Original investment $100.00 US $135.00 Canadian
Gain on dollar rise 5.00
Gain on stock rise 13.50
New investment: $153.50
Double investing in stock and currency can be fun, but tricky.
ie. US dollar rose significantly this week against the Canadian dollar
so even though RAIN was flat, I still made the gain on the US dollar.
Works better for you, since you have the purchasing power right now!!
Brent |
