Happy Holidays

Happy Holidays to everyone.

Please be safe and enjoy this time of the year with your loved ones.

Read you back early January

AUY (yri.to)

Interestingly AUY is slowly moving upward a couple of cents here and there.

It could be a great investment for 2018 as it continues to cut on cost and expand revenues.

To keep in mind!

ALERT TRADER RAD

As expected RAD is experimenting a high level of resistance between 2$ and 2,05$

Unless a clear update happen, this could continue until January 3rd (results release)

What i am expecting for this release is the following:

1) 400 or more stores transferred so far
2) debt reduction in accordance with mentioned plan
3) sales flat or -2%
4) update on rumors (RAD will naturally decline to comment and this could be a good indicator during the results conference call

Anything above that could be the catalyst RAD needs to get a major positive upswing.

Clock is ticking: 12 days to count 

ALERT HOV

As mentioned, HOV is now a sell recommandation from analyst.

Stay away of it for now as recent upward move was a long trap.

Until it clears out the 'default' idea they it had, wait on the sideline.

Be very careful on this one

RAD resistance

Rad is in the middle of high resistance at 1,95$

If you think that this is not easy, wait until it touches 2$......

That will be high resistance and i expect it to last until January 3rd when numbers will be released.

Then , well nobody knows.

If numbers are encouraging, it could pop up rapidly as many will cover their butts and if numbers are not that good, there will be another round of shorts toward 1,65$

So be cautious and do not forget to remove some profit off the table (as many are doing right now based upon trading pattern)

Have fun

ALERT TRADER RAD

As expected rebound just happen.

Now, high resistance will be seen until 2,05$ then next step will be 2,195$

Have fun

ALERT RAD

Large profit taking this morning and some short covering.

Expect a rebound from here toward 1,95$

Have fun

What about Bitcoin ?

Bitcoin Bitcoin Bitcoin

Very interesting trading opportunity and what's more important is that it is based upon nothing.

No internal value, nothing

It is only based  upon the fact that whoever buys it will sell it at an higher price.

This is not the normal trading and you could easily make a fortune or loose it all.

This is based only on trader moods so it should be regarded the same way as a future company with an idea but no money to realize it and no way of borrowing to get it done.

Briefly: a bitcoin is worth nothing.

Why is it so high? For many years it has been dreamed that one day an universal currency will emerge. Many think that Bitcoin is but as long as it is based on nothing, this is not the universal currency dreamed about.

You can be part of this fun game by risking some coins but seriously stay highly cautious as value swings are so high that it can make you sick simply by looking at value fluctuation.

So the choice is yours but as far as i am concern, i will look at it without my own money in it.

Maybe in 5 years i will regret it but i think there are a lot better ways to make so $$$ without all the involved risks.

Stay highly cautious

ALERT RAD

Nice activity this morning on RAD where the 1,85$ was tested a couple of time and it did resisted.

So what's next ?

Well above the 20 and 50 days moving average, will now try to close the gap with the 200 days but could be a lot harder until results are published early January.

Until then, it is trader paradise with some interesting swings daily.

Still use caution and get profit off table when possible.

Have fun

ALERT EPO

Surprisingly, tax loss selling season is not showing so far. I would have expected a lot more down  volume but it is not happening.

Canadians have until December 27th to profit from tax losses so it could not had started yet.

Be very careful unless you could digest another year of suffering.... 

ALERT TRADER RAD

Another tricky early trading in RAD.

After some large blocks were traded, it rebounded again showing nice resistance at floor level between 1,79 and 1,80$ and THIS is interesting.

I would bot be surprised to see some nice upward movement but again with trading being so tricky, t could be again traders having fun with it trying to get it down again.

Be cautious here but looks good now on the mid term at least until numbers are released on January 3rd.

ALERT GPL (GPR.TO)

Nice move yesterday ans great 10% profit in 24 hours.

Maybe time to get some off the table ready for the next swing.

Expect some retracement before getting back in (my opinion only)

Have fun

ALERT HOV

HOV will release its results on December 21st.

Until then, be extra careful as there is intention to get in default mode as HOV wants to renegotiate their debt.

If that is to be true, expect a massive exit sending the share price well below the actual level.

So at this time this is a hold (in my opinion)

Goldcorp a nice long term play

Have a look at G.TO (Goldcorp)

Directly linked to GOLD price and at 52 weeks low with great uptick potential.

A bit a the time but should be in any interesting portfolio (in my opinion)

Have fun

ALERT TRADER Laurentian Bank Canada (LB.TO)

Be careful on this Canadian bank as there is a potential 300M$ problem with mortgage.

Stay on the sideline until problem is resolved.

ALERT GPL

Based upon trading pattern and actual base that seem to form on GPL (GPR.TO) i have increased my position this morning.

This company operates without any long term debt and have a very small shares float and even if silver is trading at a very low level, % of shorts if very low.

Silver is also trading very close to its base so i think the risk is minimal.

Trade safely!

GPL GPR.TO Alert

Great Panther is a very interesting play at this time as it is bouncing on it's base (52 weeks low) and is now ready for a good rebound.

I expect 1,19 rapidly.

Have fun

ALERT RAD

Based upon actual trading, there is a large directional movement coming.

Could go either way but i would estimate that it is a leg up movement as shorts tries this morning did not went well and was easily contained at 1,85$

Be prudent.

ALERT RAD

Rad is showing some interesting signs of life since 2 days.

I will keep an eye on the 50 days moving average as it has to close above to maintain the push toward 2$.

I do expect some tentatives from the shorts to bing it back under at the moment it touches it.

Actually a 1,84$ with upward pressure and increasing.

Hummmmmm lets see how it closes the week before jumping back in.

ALERT EPO

Be careful on this one as taxes loss selling season has begun.

I expect some selling pressure on this one.

Be careful

RAD again

Another very bad day for RAD.

Explanations: no guidance and no updates except for the closing of about 100 stores with WBA.

Remember last week that with a single news it went up very rapidly.

And now, without anything else, it is going down since the last week great gains.

What will it takes to get it out of the short power?

NEWS......Great news.

I can only now imagine what will happen if numbers were to be a lot less interesting than anticipated........TIMBER !

So be extra careful here not to lose it all on one trade.

RAD should be a lot higher, that i agree, but until shorts find another one to have fun with it, it will need a major push.

But could it be that someone is trying to get as much shares as possible and stay under the radar ?

As long as anybody owns less than 50M shares, it does not have to disclose the position.

Time will tell but as of now, i think it is over for this year and unless something very special happens, i will be also looking at other plays.

Have fun!

Is RAD ready to move up?

It is interesting to look at recent trading activities for RAD.

It is acting as if walls were created the moment where poor RAD is trying to take off.

How to explain that is easy: the spread.

For somebody shorting a company, it is important to have a good spread between intraday high's and low's.

So far RAD has been very generous on this criteria but it seems that the spread value is getting smaller and smaller every day with a couple exceptions in the last 2 weeks.

Reason behind that is the fact that we are getting closer to quarter data release (around December 22th) and that any good news would sent RAD on a sky's the limit range that it could create a short squeeze (where too many shorts are trying to cover themselve that shares climb in an unorganized fashion very rapidly.

Are we there yet......no but it could come in the following days.

Expect kind of rally before RAD releases their results and thereafter it will be more than interesting to see where it will stop. (either ways)

ALERT RAD

Trading so far this morning is controlled by shorts and computer automatic sell orders

Simply put: shorts are in control so far and trading is so weird that it is really hard to predict this end of day.

If RAD can hold at this level it could push back toward 2$ otherwise, next floor is at about 1,85$

Be safe here