Sunday, October 24, 2010

New Mechanical Stocks - 10/22/2010

No new stocks on my top 50 list this weekend. But we do have two new stocks on the top 30 list: CSGS and CRME.

CSGS provides outsourced services to cable and satellite companies. They dropped about 10% at the end of September when they announced they're buying a UK-based company (they paid a 30% premium).

CRME is a life-science company that had a one time big payment and also had a new drug under study halted.

Neither stock looks intriguing to me (if I had to buy one, it would be CSGS). I will be looking at AZN, STRA and SNDK as places for new money (note - I already have some shares of STRA and SNDK).

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