TRFX - The Latest Early Riser Investment
I purchased some shares of Traffix (TRFX) at $5.90 yesterday. Traffix is an on-line advertising firm. It's also a Prudent Speculator pick.
You say, "Why did you buy some third-string online advertiser?"
I say, "I'm glad you asked."
- Any Prudent Speculator pick is, in my book, pre-qualified for my investment dollars due to my record with their picks.
- Gross Margins of 50%+
- $35M of cash and equivalents on their balance sheet (that's more than $2 per share)
- An annual dividend of $0.32 or 5.4% (15% taxation)
I have decided to post all of my trades from this point forward to give my readership an idea of my personal finance ideas in action. I'll keep you updated on TRFX.
Note: I'm always looking for good topics to write about. Please don't hesitate to leave your personal finance questions as comments to my posts and I promise to write an article about your topic of choice.