Encanto Potash

This company (or whatever we can call a company not moving at all in any direction) is very surprising and i would say this is the worst of management i have ever seen.

EPO.TO has published since last year so many interesting news that it should already be trading well above 50 cents but no.....still sitting at 5 cents.

Have i missed something here?

They signed a multi billion $ agreement............with India.... (hope shareholders were not awaiting the Canadian pm signed that deal.....i do not think there is any kind of wardrobe made with potash....)

NO NEWS

They signed a financing agreement for 100M$...............

NO NEWS

And so on.......

It is time the management realize that share price reflects 2 possible things: quality of the company and quality of management.

So far, both test failed.

Oh yes this is a 5 cents company and cheap......value 30M$ total. Who would pay 30M$ and have those guys in charge?????

Shake up needed here. Get rid of the bs management.

Have fun 

ALERT GPL (GRP-TO)

Hummmmmm

Great Panther published their year results this morning and i do think it was a bit better than expected.

First they invested some good dollars in the new Peru mine bought out this year and drilled a lot more to prove a lot larger than originally thought silver reserves.

I am still highly impressed by the fact that Great Panther has NO DEBT AT ALL.....

This company is managed like an old family business where if you want something you pay for it cash.

Their shares float is 168M so imagine the speed at which it can react on any positive news even a small one.

Silver has been slammed over the last couple of years (in fact at it's lowest since 2009....or close to it)

That means that GPL has the power to shoot up very very rapidly and their results  are based only on silver price.

We know now that they are profitable at these silver price.....imagine a 10% increase toward the 18$ and some.......

At 1,17$ i think this is a steal (my opinion only)

Have fun 

Yamana Gold (YRI-to AUY)

Watch out closely for this one as it approaches a key level at 2,77$.

If it was to go under that level, it may sounds very bad for Yamana Gold.

I suspect (based on trading pattern) that it may bounce between 2,75 and 2,90 and because it is  really close to the key support, short may try to hold it down a bit.

Yamana Gold on the other hand is a great gold producing company and will rebound.

So my entry point is in the 2,80$ish level and exit point near 3.00$ until the next quarterly report is made public ( in about 75 days).

What i do find interesting is the fact that Gold is doing the same and because of the fact inflation seems to be racking in higher than planned, gold is almost ready to shoot up over 1400$.

Yamana is most of the time 1 or 2 days behind gold price so that gives plenty of time to react in one way or the other.

Gold goes up......Yamana will!

Have fun

ALERT RAD

Very interesting point to note here.

SHORTED shares are getting lower....

This could indicates that finally the positive is going out and that even the one who are shorting the stock are now feeling the buying pressure coming.

If that merge was to be that bad, believe me that shorts would have increase NOT getting reduce.

This is the first sign that things may be going in favor of RAD stock at this time.

Remember the 19 cents (so called dividend) if you opt for the 1 share of the new corp against 10 shares of RAD plus cash.

Have fun

RAD merger

Not totally a fan on this one but hope some did notice the 18 cents per share that i consider almost a dividend.

At today's price and if everything goes as expected and share price stays where it is, it looks like a 9% dividend........

This by itself could be interesting if all remains as it is.

On the other hand, it is a merger where one brings in 30% of the new company (Rite Aid) in value et the other fellow brings the difference.

Still, i think RAD should be valued a lot more than what it is today.

Have fun

ALERT RAD SHORT SQUEEZE

Based upon actual trading pattern, it appeasr that volatility will remain very high in RAD transactions.

In the last 2 weeks about 50M shares were shorted and at a price averaging 2,20$. That means that if RAD can shout up pass 2,49$, they will have to cover and i also expect that some of those shorts will try to add pressures by shorting lot more today and tomorrow.

Also the fact that no numbers have been disclosed put a cap on RAD actual share price as market does not react positively to secrecy.

The only number that we know by now is the 24B company after merger including debts.

So we can guess real share value at anything over 2,50$ but again, the devil is in the details.

Stay tune.

Rite Aid Deal

It will be very interesting to see how the trade will be seen by authorities in the FTC.

This deal is not removing pharma's but giving a chance to add some more over time.

So this should be cleared without any problems.

Still so far pre-market does not seem to fully understand the deal or the real value of the combined corps and i would tend to agree. Unless we get the real numbers, it is unclear.

ALERT RAD Albertson'S

The final merger has just arrived.

In a deal, Albertson's and Rite Aid will now merged to form a 24B $ company.

Rite Aid holders should control 30% of the newly formed company.

If that is the case, every share will now be worth close to 4,50$ if the deal goes through naturally.

Much more to come today.

Stay tuned!!!!

Dow floor established

If correct on the above statement, i expect the DOW to end the day in green.

If also correct, expect RAD to close at or above 2.06$

Have fun

ALERT RAD

Based upon trading pattern, RAD is either recovering or a trap is building wait for 2,07$ as a buy signal.

Large blocks appearing on the bid. Abnormal at this time of the day.

Be careful

Market bottom

Based upon trading observation and direction, we are very very close to a bottom that i think will range between 24500 and 24600 on the Nyse.

We should still experiment some turbulence but unless a major problem arise we are at the bottom and we should now be trading range bound between 24500ish and 25500 until the next very positive thing happen.

Watch for inflation as it could derail this stock market with another plunge toward 23000.

Have fun

HOV Still alive and doing good?

At this time i think HOV is a good trade option not an investment.

It is bound within 1,90 and 2,20$ so it can generate some interesting profits in a short period of time.

Do not forget to take your profit off the table when possible as HOV is not the best investment possible at this time as there is too much going on with this company.

Have fun

FORD (F) seems like an interesting buy

With all the last week turbulence, Ford seems to have established a nice base.

I am back in and expect a nice rebound toward the 11.50$ - 12.00$ within a 30-45 days time frame

They do not have that much negative against them so let see if the market rebound will help it out.

Have fun 

Rite Aid.......Where is it going?

This is a very interesting question as the market is telling us actually a simple answer: nowhere !

With selloff from last week, it should have already rebound but that's not the case. Oh i agree a 10 cents rebound........WHAT?????

There is simply no confidence in the actual management to turn that ship around and with the level of actual shorts, it is almost a proof that most large traders think RAD is simply more and more looking like the Titanic.

I do believe RAD can turn things around but it will take time and confidence and none of those 2 items are in RAD basket at this time.

Who is the next buyer ??????

Market crash or Market recovering?

Be careful, we are not over yet.

Nope the swings are not done at least not yet. Expect again some high swings in the coming days as market is trying to establish a new floor.

Still looking for great positives for the market to march again.

Will it be Trump's infrastructure plan?

Don't forget inflation that could make interest rate higher and as a consequence, stocks lower including gold and silver.

So is this a good time to get back in ?

Yes one byte at the time.....

Have fun

Market CRASH Where do we stand ???

Oh my this week has been absolutely incredible with large swings in both directions.

But what stocks really went down ? All of them ??? NO

Most of the ones that plunge were already totally overbought and this kind of correction was an absolute necessity allowing great dips for us the small investors to get in and continue to make some profits along the way.

It proves also that whenever we made some interesting profit we should always get some off the table to avoid having to start all over again.

Are those market swings over NO.

The week will continue to swing both ways as there is simply no catalyst at this time to allow a new leg up to start and market is still removing some weak hands out of it.

So this is a great time to get in one small bite at the time.

Have fun

ALERT FORD (F)

At actual price, Ford is getting very interesting.

Keep an eye on this one as sell off should continue for some more days and could make it very attractive.

Have fun