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lundi 24 décembre 2012

Merry Christmas

I would like to take this opportunity to wishes you all a great Holidays season. May you get great time with your loved ones. I wish everybody health, joy and happiness.

François

mardi 4 décembre 2012

Where do we stand now???

Well since last post markets have been going nowhere and it was very difficult to establish some good entry points.

As of today, there are many interesting stocks at huge discount price to what they should be trading.

GPL  (GSR.TO) : Anything under 2$ is a real good medium term value. It is now trading near it's 52weeks low and even if overall silver production has been a little less than last year and that overall cost per ounce has increased, they have good and solid plan to reverse it all. At today's price, it definitely means a good time for accumulation.

HOV: This stock is trading in a good range and toward it's 52 weeks high. Higher highs and higher lows seems to indicate a good move to the upside. Construction sector has been very good lately and based upon today's results release from  their competitor, it seems that this trend is there to continue for a good period of time.

 UUU: This stock does not reflect the real value and is now trading under book value. Sure uranium market is in a slump for another quarter or 2 BUT this also signals a good period to accumulate. I would not get all -in on this one but this is  a great long term play.

AC.B (TSX): Simply incredible that this airline is still trading at this level. Air Canada still has one thing to resolve and it is in regard of pension plans deficit. IF they were to fix it, expect a sudden and very interesting price increase and honestly, do you think the Canadian government  will let them go down???

As usual  DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with caution.

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