I love this blog for the contributions I get from the community. I am not a computer like some of you and rely on idea flow.
Fellow Canadian stock junkie Chris knows I want stocks at all-time highs and he may be on to a big one with Coinstar (CSTR). He sent me an email this weekend with the stock as a Wallstrip show idea. It has been public now for TEN years and is poised for potential greatness at all-time highs.
I have not looked at the stock in years and in pulling up the chart you will see why . It has been recovering from a blow-up in 2003. That’s on the berge of being ancient history. My wife and I use these machines all the time, but I have never considered the stock until now. Smart looking website and partnership ideas to cash in on coins.
It’s like a pawn shop for coins. Ten years of distribution expertise and technology benefits may just be getting this one going. Or not :)
This is basically a bank and I have a hunch this stock will be gobbled up by a bank. Time will tell.
Any insight for me here readers?