Profire Energy, Inc. (PFIE)

[jugs]

This was a week in which I got restless, waiting for something to pop. Nothing followed suit, however, so I poked around in search of creating opportunity to work a deal or two and make a few dollars.

PFIE presents an opportunity to accomplish it. And I was about to take the plunge for three thousand shares, figuring I'd have to pick them up at $1.19 or less to make it worth it. Even then, I'd be looking to cash out at $1.26 for a seven cent gain. With 3,000 shares in hand, we're talking about a $210 gain. Not much yet if we did it every two weeks or so, we're good for $5K annually even after deducting for SEC fees plus commissions, with some to spare. That's a good return inasmuch as we're talking about creating opportunity and no hand-outs in sight. There is a trap in this, however: Volume is anemic which means you could wind up having to hold the shares for a couple of weeks as opposed to the nicer easy in and out process.

As it happened I had the opportunity to profitably reduce my positions in HLX and MDR without having to commit fresh seed capital so you know what I did.

Still, PFIE has been showing enough pricing stability to justify at least a look-see for anybody wishing to break out of the doldrums and manufacture opportunity to make enough for a car payment or a couple of weeks' worth of food.