Hodgepodge for a Crazy Week — Two Ferris Teasers, and Two Buys

I have no idea what on earth is going to happen in the markets.

Just wanted to get that out there for you, in case it wasn’t clear. Rapid trading and the instant information age have brought so much volatility, and so many pieces of news that people feel a need to trade on that we’re bound to continue to see more and more wild swings, no matter what new financial regulation may come. People are extraordinary nervous, and probably with good reason.

But that’s no reason to stop buying shares in good companies — which at times like this can sometimes get awfully cheap. I noted in the preamble to my Idea of the Month article last week that, of course, we should probably all be looking at blue chip stocks that will continue to run the world for the decades to come … but of course, most of those are too boring to write about very often, and while you probably won’t fire your broker for recommending IBM and Coca Cola, you might stop subscribing to newsletters if they continued to tell you to buy big, boring stocks that you already know a lot about, and those kinds of stocks rarely make enticing teaser targets.

This week for our Friday File pleasure I thought I’d take a look at a few stocks that are being teased, and also tell you quickly about a couple of small cap stocks that I just bought (both of them have been teaser targets, too).

First, some teasermania — this time from Dan Ferris at Stansberry’s Extreme Value, whose ideas I often find intriguing. Several readers have sent me emails in which he teases out a trip he made to a massive farm as part of his research into an agriculture investment. Here’s the teaser copy they forwarded:

“We were visiting the second-largest farm in the country, soon to become the largest… and perhaps one of the two or three largest in the world within five years. I don’t normally get excited about a business less than two years old, and I don’t normally get excited about things that haven’t happened yet. But this situation is special. It’s a farm that’s ramped up from 0 to 70,000-plus acres in about 15 months. They expect to ramp up to 225,000 acres by the end of next year. I think the project will ...

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