DGSE Companies

Check into DGSE companies. A gold and precious metal retailer in Texas and South Carolina. They have been unprofitable for the past 4 years, but with consumer confidence numbers consistently growing, they in an extraordinary position to take advantage of the luxury market turn-around. And with new management, that have a goal of focusing on their core jewelry business, it bodes well for the company in an improving economy. However, their fundamentals are not great because they are carrying so much inventory, but this is a stock play betting on their future earnings potential, of which its first positive report in 4 years will be coming out tomorrow, Friday. Here is a press release on their long-awaited first quarter profit.

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