Vancouver based Urthecast Corp.: TSX:UR.
It was only a small amount of $1,000 and will probably be my only foray into purchasing individual stocks as opposed to low-cost index funds or ETF's. I was motivated to make a purchase partly because of Good Financial Cents' "Grow Your Dough Throwdown" where personal finance bloggers invest $1,000 and see how their returns compare to each other by years end. I didn't have the cash on hand to buy in early January as the rules state so I'd already be disqualified for the throwdown, but I'll pretend I'm taking part anyways.
I wouldn't advise anyone to buy or not to buy Urthecast and am only making it public in case someone is interested. I happen to be interested in the field and business of space imaging/ exploration and I would like to see Urthecast succeed, along with other companies in the field such as Skybox Imaging and Planet Labs. I figure in the worst case scenario the company doesn't find a market and more or less goes out of business whereby I'd be out only $1,000 and have learned a valuable lesson about buying individual stocks. On the other hand if the company actually succeeds in some of their aims then there could be a sizeable upside to their stock price. Even though it was a small amount of money I still did quite a lot of research on the company, going through their quarterly reports and investor presentations so at the very least I have not bought into the company on a whim.
Here are my numbers for the month.
TD e-series RRSP - $5,089.57 +3.75%
Company stocks - $1,067.59 +44.86%
(stocks purchased this month = $298.64)
ISA - $150.61
Chequing - $378.53
Gain: 4.03% or +$1,612.93