Archive for March, 2014

We are patiently waiting, Colfax!

March 20th, 2014 Comments off

There were no news from Colfax Corp. (NYSE: CFX) when the stock finished the day at $70.44 in a rather difficult market after the Fed’s policy announcements.

But readers of this blog are not waiting for precise news, they are waiting for an uptick of the stock price of just $2.26!

Yes, that’s exactly what seperates us from “ten bagger“ status!

You will recall the moment when in May 2009 this blog started to cover Colfax Corporation and its stock stood at $7.27 .

Now we are not far away from $72.70 . At that point we will have made ten times our money, a so called “ten bagger“!

Is there anything we can do for now? No, we just have to do what successful investors often have to do:

… nothing, just sit down and wait patiently as the story unfolds!

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