Saturday, November 20, 2010

US goods cheaper abroad?

This stock is not something that would necessarily have to do with the dollar directly, although their is some exposure and since I do not have a page that directly fits this company, I thought here is as good as any. PWAV has been a monster stock. I put a small amount on it after following it for the better part of seven years. I bought this one around 90 cents a share and in the past year of two has responded by a 214% gain. Their are many reasons to own PWAV and it seems some of the bigger names thinks so two. PWAV is a play on 4G. As the US and other countries get into faster networks as handhelds become more popular, it seems that many are going straight to 4G networks. PWAV is a way to capitalize on this as it is a builder in the center of this expansion. This company has quite a bit of debt, so it is an agressive investment, but as many thought they would go under during the recession, it seems they have survived. When I invested in them it was for several reasons. The first is 4G, the second is their decrease in expenses by moving their factory overseas, and lastly their are few companies that do this particular technology that one can directly invest in. Three years ago I wrote on this stock and it can be accessed by going to www.updown.com, and going to legmaker and clicking on analyses. Great place to join for practice with stock trading also.

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