Gino's Blog Posts on People And Picks

Big one time dividend

Sat, 13 Feb 2010 08:23:56

Saw this (TCCO) come into my screener and after investigating what this company was and why it was rising, I found this news.

"CONCORD, Mass., Feb 09, 2010 (BUSINESS WIRE) -- Technical Communications Corporation (OTC BB: TCCO.OB) today announced that its Board of Directors has declared a special one-time dividend of $2.00 per share of common stock outstanding. The dividend is payable in cash on March 22, 2010 to all shareholders of record on March 8, 2010."

The press release can be found here;

http://www.investors.com/NewsAndAnalysis/Article.aspx?id=108166027&source=Newsfeed

Currently stock price is $10.21......

I'll be adding this as a buy pick as I expect the price to go up between now and March 8th....

Food for thought

Sat, 06 Feb 2010 15:26:53

Well, I haven't been around much. As a starving truck driver I had to do something in an attempt at making more money to keep my truck on the road, so I went out and took a train the trainer course, and now I'm training new truck drivers how to be professionals.

As a trainer I sit in the passenger seat while the trainee drives and I get to look around a lot. I find myself looking into the parking lots of malls and such trying to figure out where people are spending money in hopes of seeing some confidence in the economy and some consumer spending.

Sorry, but I don't see much. I see a whole lot of empty parking spaces, even at Walmart. The only thing I noticed in the last couple weeks was some full parking lots at some restaurants, like Chili's, Texas Steakhouse's and the like. You know! The mid grade places, not fast food restaurants.

When I run my screeners, I'm seeing mostly ETF's and they don't look the greatest, so, still no new picks. I've got one open pick left now, UNG which got a bit of a run with the storm that hit the east coast, I guess, but still watching it and it may be gone soon, too.

As for the trucking industry. Arrow trucking, one fo the biggest flatbed carriers went bankrupt, stranding some 1500 drivers all over the U.S. with no credit on their fuel cards to get home. They ...

Attention all Canadians

Wed, 25 Nov 2009 14:19:24

I picked up a copy of the Financial Post in a truckers lounge while waiting for some paperwork the other day, and found a contest I didn't know about. It's been running since October 15th but it's not to late to get in to it. They have weekly and monthly prizes for investors and traders.

I know there's a few Canadians on this site, so if you didn't know about it get in there and good luck. If you did know about it, why didn't you tell me?? LOL

Here's the first 2 rules;

1. Registration Period. The Registration period for The Financial Post Stock Market Challenge begins at 9:30 a.m. Eastern Time (“ET”) on Thursday, October 15, 2009 and ends at 4:00 p.m. ET on Friday, January 15, 2010 (the “Registration Period”). Questrade, Online Trading Academy, Alpha Group, The National Post Company (“The National Post”), and Stock-Trak (“Stock-Trak”) (collectively, the “Sponsors”) reserve the right to limit, turn off, reject or cancel registrations as they deem necessary in their sole discretion.

2. How to Register. To register online, complete and submit the entry form located at www.fpstockchallenge.com (the “Contest Website”)....