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David Stafford
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Student of markets, enjoys following their course.
My book:
Around the World in Several Pieces
  • Friday Fancies; Trees, Tech, Terrestrial Cultivation 0 comments
    Mar 7, 2014 1:11 PM | about stocks: LAND, HTGC, RYN, PCL

    Land speculation is a very old investment activity per se. Discussions of land its productivity and "optimal" uses are as old as economics its self perhaps. The rents gathered from it, or its tenants per se, lined the coffers of Monte Carlo Casinos and others for centuries, as young heirs from "Landed Gentry" families would often gamble away the rough equivalent of vast estates.

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    Today however, LAND(Nasdaq)may pose as an interesting play. Its been getting sort of hammered as of late. Its down pretty far a couple bucks at least below most "estimates". Its also perhaps subject to negative speculation and perhaps rightly so(in the short to mid term) concerning some of its properties near the pacific ocean aka around California, which is not really a good place to be farming presumably at the moment with the droughts and what-not.

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    Today we wouldn't exactly be catching a falling knife quite like NRP the other day, but today we'd be kind of more leisurely catching (NASDAQ:LAND) potentially on the rebound. Land has really been kind of drooping as of late though so may be a grab bag, but it might be also be a good time to grab it if one wants it for diversification or growth reasons per se, at potentially a couple bucks below what it should be equal to potentially.

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    Hence, this may be a more potentially personal investment choice for each individual if they think its a good addition to their portfolio or not.

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    As universal good buys of the day, one might want to look at HTGC, which is a great investment, it has short term "moments" of droopiness but also rebounds stronger from them usually, its down about 3%+ today, and also this might be a good time to snatch up some Rayonier(NYSE:RYN), or Plum Creek Timber(NYSE:PCL), because they both look a little rough today aswell.

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    Either way, if one had to throw money somewhere today, these interesting timber plays, or farm-land plays, or technology plays per se, could all be decent candidates.

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    Since this is "Friday Fancies" there's got to be some Scrooge action so here's that;

    (click to enlarge)

    merry investing, and, thanks again for reading.

    Stocks: LAND, HTGC, RYN, PCL
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