THE PLAY OF THE DAY UWN (Nevada Gold and Casino)

I have to get back to this tiny company because of the volatility in the last couple of trading weeks.

UWN will be publishing it's quarter report within the next 2 weeks (date not confirmed yet) and i expect a nice surprise. The integration of the slot machine route acquired early this year will now have it's results reported for a full quarter.

Also it is interesting to note that UWN has repaid 800M$ from it's long term debt. So it could be a 2 fold surprise: better revenues and less debt.

At actual level (1,10-1,15$) it is a good starting point for accumulation and my target price is 1,75$

As usual (and more actually) 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 extreme caution.

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UPDATE on INT

WOW: INT stock have beend hammered recently and seems to move higher on news release then go down right after on a very very low volume. Any reason?

Short term traders. It has become very obvious that actual shareholders do not want to get rid of their shares until Ortsbo is released and yet to become shareholders wants to wait for more details especially how INT will drive revenues.

Even if total revenues are not the most important factor at this stage, it is very interesting to note that they still have increased dramatically year over year and at a faster pace than user numbers.

It is very important i think to understand that ORTSBO is a utility plug-in and that it's revenues may not come from the usuals channels like pay per click. WHY? Do you believe that users would be interested in seeing a pop up during their chat translation? I do not think so.

What i see as a bright future on the revenue side would be the licensing fees or usage fees. We all know that mobile communication is not generating revenue per user as high as regular office computing and therefore must be adressed before any major release to avoid year over year revenue decrease because of increasing mobile usage. That would be a non-sense.

So what is the solution: license it. The product is great, in over 50 languages and could easily expand to well over that number pretty rapidly. If they have the matrix working from french to english and japanese i do not expect any problem using the same matrix to increase the number of potential languages even if increasing that number to 80 may not be as cost efficient because the extra languages may not be the one that are used the most.

The best improvement should be the adaptation of the translator to different meaning based upon interpretation and this is a challenge that nobody that i know has been able to achieve.

Licensing the aoo to manufacturers could be interesting. If you go around your home devices at this moment, most of them have 3-8 languages pre-programmed for a friendly usage. So it means to me that anytime the same product is developped for another country the language chipset has to be reprogrammed again and again. How many chipset programming do they need? 10, 15 more ???

It would be easily replace with only 1 and a lot of savings right there.

Think about the new rule to force close captionned for tv programming .

How many languages are offered on a dvd? With all the new technology allowing firmware updates from internet, a BluRay reader could easily download the app and add 53 langauges to any movie already produced.

The applications are endless.

One last point, with the coming Ortsbo spin off, INT MUST make it a success for another reason than the obvious one: When it is done INT will have created a 300-500M$ company in less than 2-3 years from the early stage.

This fact alone will attract new opportunities and MANY more startup companies that will trust the capacity of INT to create interesting and profitable companies and that is something that i do not see very often.

So hang in there as there is simply no logical reason to sell before we know more details on the upcoming events for INT.

Disclosure: I am long INT and have no intention to sell any of my position and could increase it depending upon market situation.

PLAY OF THE DAY GSS (Golden Star Resources)

A small mining company in West Africa with a nice trading range from around 1$ to 1,40.

Their frist quarter revenues were higher by 10% and it did generates close to 18M$ in cash from operation altough a bit lower than last year.

The only problem is the cost per ounce that seems a bit high but under control.

I would not bet the farm on this one but it could be a good investment on the short term. I would only wait today to see if the price stabilize and then open a modest position and keep some money on the side in case of a price drop.

As usual (and more actually) 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 extreme caution.

Get THE PLAY OF THE DAY on Twitter : @investman2

PLAY OF THE DAY BAC (Bank of America)

This is i think a very good SHORT to MEDIUM TERM play.

They have been hammered by the recent market volatily and now have a book value comparable to a regional bank (around 0,35) beeing very very low.

Actually the world markets are all in a very negative mood and BAC did suffered a lot from that situation. It is certain that big banks will not generate as much profit as they were many years ago but to evaluate BAC at 0,35 of book value is also far from reality and real value.

So at this level i am in with an exit price around 8,00$ but be really patient as it could be very volatile again for another 2 weeks or more depending of Greece election outcome.

As usual (and more actually)  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 extreme caution.

THE PLAY OF THE DAY GPL (Great Panther Silver)

I know i have already mentionned this company but with today's reaction to job report, it seems pretty clear that the only one that will benefit from that will be precious metal producers and GPL is a pure silver play.

For Great Panther, anything under 1,80 is a great play as it tends to climb back somewhat rapidly to the 1,90-1,95$ level.

It is a great way to accumulate on this company. By taking some profit off the table you end up having free shares and when you do that on solid corporations, that is really great.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock.

WITH THE RECENT MARKET VOLATILITY ALWAYS MAKE SURE YOU TAKE SOME PROFIT AS SOON AS YOUR TARGET IS ACHIEVE TO AVOID SMALL LOSSES BECOME LARGER AND FORCE YOU INTO SELLING AT THE LOWEST PRICE.

B E    V E R Y   C A R E F U L  A N D   N O T   T O O   G R E E D Y!

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THE PLAY OF THE DAY: PYN (Poynt Corporation) TSX Venture

Very interesting tiny corporation and HIGHLY SPECULATIVE.

Yes they have a huge share float (close to 500M) and are the new guy on the block (January 2011) for mobile advertising BUT their user number is increasing rapidly and their total monthly searchs have reach 70M in 9 countries.

What is Poynt? It is a geo-based location advertising search application for all major mobile phone platform that is allowing customers to find the local business for the product they are looking for NOW. It has also been named one of the 50 fast growing companies in Alberta.

There would be a lot more to mention about Poynt like the fact that they are looking to be a profitable business before 2012 year end based on their last revenue guidance. If they were to achieve that, it would be a great accomplishment and a visit to their site is a must:

http://www.poynt.com/


As usual and especially in the secotr of highly speculative companies, DO NOT invest more than you can afford to lose and ALWAYS do your own due diligence before investing in any stock.

Get THE PLAY OF THE DAY on Twitter: @investman2

UPDATE AC.B

AC.B is now at resistance point. If the 0,90 wall disappears then next stop is 0,99.

Would be nice for a huge down day.

THE PLAY OF THE DAY AC.B (Air Canada)

One reason behind this one: cost of fuel.

Price of fuel has lowered to 90$ from well over 100$ recently and even if they are hedged against cost, this is affecting the bottom line directly as no matter how many customers are on board, the fuel used is the same.

The other thing is in regard of Europe crisis: i do not think that it will affect that much travelers FROM Canada to Europe and almost to the opposite with a Euro being so low, it is now a lot cheaper to visit the old continent.

So at actual price (0,84 to 0,86) i am in and expect a rise in the mid 90ts in a short period of time.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock. 

PLAY OF THE DAY TVI.TO (Tvi Pacific)

This is a very interesting tiny mining company operating in the Phillippines.

They actually have 1 huge problem: the national government has not yet taking the decision to clarify the national mining law. Actually that national government is accepting that local govt ban mining in their region even if totally illegal.

A decision (in my opinion) is going to come very soon and this will fix the main problem that TVI still has out there.

They have the cash on hand and many projects ready to go and if agm presentation is accurate, they should produce (finally) their 43-101 for their bootstrap mining startup in Balabag where they should produce gold at a very good pace.

So if planets align properly i expect TVI to get back to where it should stand rapidly and on the very short term it should be back to 0,065 being more than a double in a short time.

What is most interesting is the lack of interest for the shares and usually it indicates a bottom pending news and unless these news are really bad, TVI could jump pretty rapidly.

As usual do not invest more than you can afford to lose and always do your owwn due diligence before investing in any stock.

Get THE PLAY OF THE DAY on Twitter: @investman2

THE PLAY OF THE DAY BCB.TO (Cott Corporation)

Very interesting company in the beverage segment.

It is actually a bit too high for a short term investment and i would like to wait till the next correction before buying but this is a great play to put on your radar.

It is certain that their 35M$ share repurchase program does have a good influence on the price but a retrace of 0,25 to 0,40 would be great.

The reason behind waiting a bit is their last quarter were profits drop somewhat but it is still one of the largest beverage makers specialized in the private label segment.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock.

Get the PLAY OF THE DAY on Twitter: @investman2

THE PLAY OF THE DAY FBP (First BanCorp)

Easy to analyse this bank: undervalued and oversold.

It's trading range has been between 4,01 and 4,40$ and at this level, i am in.

It has suffered a lot from market underperformance  of the last 3 weeks and a rebound is more than obvious.

They are starting to diversify their lines of revenues and profitability is not that far away.

So i am in at this current level and exit price around 4,25$.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock

Get THE PLAY OR THE DAY on Twitter: @investman2

THE PLAY OF THE DAY INT.TO (Intertainment Media)

One simple word for this startup company:  WOW!.

This stock has been dropping recently on very thin volume and the update yesterday is proving that INT  especially with ORTSBO has entered the big league.

In a very small lenght of time they had reach 107M users at the end of december and per yesterday release, they are now with 162M users and many many more projects to come for this company.

Here is a link to the update of yesterday:

http://www.broadcastermagazine.com/press-releases/story.aspx?id=1001403120

So at actual share price it seems to me that it is a steal and with all that is coming, i expect another great run up in share price.

You can also have a look at the complete NR analysis done on another article on this blog.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock.

Get the play of the day on Twitter: @investman2

INT spin out update.

Here is my take on the latest news release of this morning about 1 hour ago.

This is my opinion only and my comments have been inserted into their own press release. The comments added are based only from past experiences in the business field and about what can be or cannot be disclosed during a blackout period.

TORONTO, CANADA--(Marketwire - May 23, 2012) - Intertainment Media Inc. (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) ("Intertainment" or the "Company") is pleased to provide an update on the spin out of Ortsbo Inc. ("Ortsbo") previously announced on February 28, 2012. The Company continues to receive feedback ( what they have to do before getting approval for a senior listing meaning TSX for INT AND Ortsbo) from Canadian regulators on its proposed financing and senior listing, and during this process, Intertainment has received interest (There are 3 major listings in the US: NASDAQ, AMEX and naturally NYSE. All 3 are striving actually to get new company listed and NASDAQ is still by far the least expensive to get listed on than the other 2 exchanges. With what just happened with Facebook, I would not be surprised if Nasdaq would be offering some kind of special deal. Also very important to note that you need either underwriter or approval to become an ADR (I am not even sure it is possible for a Canadian Company to become an ADR) meaning also many market makers are demonstrating a large interest to work with INT and ORTSBO) from US investment banking firms for listing both Intertainment and Ortsbo on senior US exchanges. (That does not include OTCQX as it is not considered senior exchange)  The Company has spent time with firms in New York, Chicago and Los Angeles ( banks, mutual funds private investors and underwriters) discussing the opportunity and feels that the interest is significant enough to consider pursuing such opportunities further and report its findings to shareholders. (A good monetary deal is most probably on the table from MANY of the already mentioned institutions.)

Ortsbo's initial focus (it seems that this focus now include something else more advance and profitable) has been to create social engagement and commercially leverage US entertainment and pop culture markets on a global basis and work with leaders in the industry to effectively create multi-language business opportunities. (licensing opportunities) To date, Ortsbo has successfully run events with Disney, Dreamworks, Marvel, KISS, IndyCar, Clear Channel, Variety, Fox, Yahoo!, MSN and other major brand partners. Given the strong US interest for Ortsbo's and Intertainment's investment portfolio companies, (Not only ORTSBO is targeted but the WHOLE investment portfolio) management feels, in consultation with its lead financial advisor, M Partners, Inc., that the value proposition of a US listing may potentially provide greater value for all stakeholders.

Ortsbo now has over 162 Million unique monthly users (What??? Another 52% increase in only 90 days…it could mean well above 250M users by end of July. If this is not viral growth I cannot find another way to describe it…I was expecting 125M users…not that big of an increase) , growing by over 55 Million users in the past 90 days and continues to move towards sustainable revenue (that means month after month and also indicate that revenues are increasing to a profitable level)  with defined commercial opportunities in social media, broadcast communications, global customer care and ecommerce programs with major brand partners. (licensing fees are definitely on the radar screen with new US laws and no doubt many are already in talks with INT)

Ortsbo's business development team in the US, Canada and now Europe are working with major brands (how about mobile manufacturers including Nokia that is in great need of a totally different product to revamp their sales) to identify their global opportunities to increase revenues and customer satisfaction experiences with the use of Ortsbo's proprietary services platform. Additionally, recent changes to the US Federal Communications Commission's regulations with respect to accessibility through closed captioning and online intellectual property have opened up a number of opportunities with major entertainment studios. (What can I add here. It is self explanatory…)

Ortsbo has now been engaged in pilot programs for proof of commercial concept with several global brands. Some of these programs are expected to be made public in the near future and will potentially provide the Company with sustainable revenue programs from which to grow its overall commercial business platform. (I can only think about the real $$$ potential of ORTSBO. Read carefully as it is mentioned ‘’SEVERAL global brands and some will be made public in near future…By itself it sounds like a deal is signed if performance is there…)

As the Company currently awaits final approval for circulation of its materials to hold a special meeting of shareholders and has publicly disseminated a proposed date of June 14, 2012 for such meeting, the Company will move ahead, at this time, with a presentation to shareholders, providing an interactive forum to present and discuss the Company's progress with interested parties and allow parties to engage with management.

The meeting on June 14, 2012 will be held at:

/T/

Hilton Toronto/Markham Conference Centre

8500 Warden Avenue

Markham, ON

L6G 1A5

Markham Ballroom

Meeting time: 9:30am - 11:30am

Read more: http://www.digitaljournal.com/pr/722853#ixzz1vhSws2P8

 

That news release is the most explosive one from INT since a long time ago and could propel the share price in a very short period of time.

As we have already seen today over 1,3M shares have been traded in only a bit more than 1 hour with an increase over 25%.

Disclosure: I am long on INT and own a good chunk of shares. I have no intention to sell in the coming weeks and could add to my position. Please read this update as my sole opinion and in no case does it represent an advice to buy or sell. Always do your own due diligence before investing in any stock and consult your financial advisor to be sure any investment fits into your strategy.

THE PLAY OF THE DAY F (Ford)

With yesterday news about quality rating for Ford, i absolutely have to get back to this one.

At the current level it is almost impossible that Ford stays where it is and i expect a very nice reboud toward the 11$ mark and even at 11$ it will still look cheap.

True that Europe is eating up Ford's lunch because of their losses but North America is still highly profitable to the point that Ford can dock the bullet for at least until end of 2013.

So i expect sales to be relatively stables maybe 1 or 2% increase year over year but shares will get a lift from the investment grade rating.

As usual do not invest more than you can afford to lose and always do your own due  diligence before investing in any stock.

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INT ??? Time to panic or not???

For the last couple of weeks, INT shares have been trading lower and lower and lower on very low volume. I must insist on this fact LOW VOLUME.

If it continues like that, soon INT shares will be worth the same price as the dividend WITHOUT taking into account the value of Ortsbo that will be retained by INT.

This simply does not make any sense. Could it be shorters?

Interestingly many will say NO because the reports are indicating less than 1 Million share shorted. But wait a second: that is the qty shorted at the report date. I do believe that shorters are smarter than leaving their position open for that long...(15 days between reports) as they know like everyone of us that news could be at the corner so the name of the game is short than cover asap.

With the low ask and bid that we have now, it is easy to short and cover very rapidly. When you short let's say 35K shares as long as they are prudent and read correctly the ask, they can cover very very rapidly and pocket a good shunk of money each time. If you end up doing a 3 cetns spread, you just earned 1,000$.

So what is to do: 2 possibilities:

1) You have done your due diligence and you believe in the future of INT and Ortsbo: nothing to do. Take the opportunity to average down your position if you have enough profit on the side from other stocks.

2) You do not believe in Orstbo and INT: go back to item 1 and redo your own due diligence. If you still do not believe in INT why where you invested in anyways???

There will be some more weeks of turbulence ahead of us (the longs) and some time it is best to forget looking at the stock value day after day or even worst at every minute. If you did an investment for a year, then come back in 12 months...If you made an investment for a week: to bad you are acting like a trader and must suffer a trading loss ON PAPER until the real game starts.

Just for the math lover in you: 1% of stock traded in 1 day = 4M shares (or close to that number).

So do you really think that if a major problem had arise for INT that volume would be that low??? If there was a real material event it would have to trigger 25M to 40M shares to be traded in 1 single day and shares would be worthless.

So is this what we are looking at now? NO WAY. This is exactly what happen when there is simply no bids.

Need an example: UUU (tsx) on last friday suffered a sale of over 1M shares at market price and the drop was so significant that it did trigger the one stock circuit breaker for about 6 minutes (drop was over 10% on 1 single trade). Guess where UUU was trading today??? Come on do your due diligence and have a look by yourself. You will find it interesting.

The lesson to be learned is easy: All companies MUST report in due time any material change or situation that would affect either positively or negatively the value of their stock. This MUST BE DONE in a timely manner.

So no news: no problem. Delays: well it could be as they need approval of TSX to trade on their index instead of the Venture and there are many rules that they have to obey to.

As for myself, i am still long and will most probably use that trading time to add to my position. I have not sold any of INT since a long time (well abovce the 0,60) and still own a good chunk of they available shares. (Unfortunately i cannot give you the exact number here...)

I have also seen on some BB many posters trying to foresee the future for INT as being so negative that you should sell them all and go away licking your wounds...Come on, who are these guys: angels of shareholder protection ? Mystery people that want to protect YOU at all price? Gurus that have nothing to do except educate people AFTER they would have made a bad investment???

No.. These people are in only for one reason: profit from the weak hands and get cheap shares. If that was  not the case, do you honestly believe that they would spend the time writing negative reports on companies they do not want to own and only to protect the small retail investors?

That kind of people do exist like Santa Clauss and The Easter Bunny.

Have a good trading time.  

THE PLAY OF THE DAY UUU (Uranium One)

Even if UUU has re-affirmed 2012 and 2013 production results, it has been hammered a lot recently especially on last friday when a 1M shares pulled the "one stock circuit breaker"

We do not see that too often on the TSX and UUU had no news to report. So, even if it must be approached with great care, UUU has now entered in the oversold territory and should rebound greatly unless bad news were to come.

I will be in at current level and expect an exit price around 2,50$

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock.

Get THE PLAY OF THE DAY on Twitter: @investman2

THE PLAY OF THE DAY AAPL (Apple)

A P/E of 12 for Apple???

By far oversold and could be because of Facebook IPO where some could have pocket the gains to enter the world of FB.

But at this current level, it is a bargain for everyone that think Apple will continue to deliver great results.

I expect a rebound over 575$ rapidly unless naturally the world continues to fall apart.

I would wait a bit this morning before committing to a buy as futures are indicating a nice pop at opening but we have been ticked many times in the last 3 weeks where market did not hold the gains and closed lower. So be careful here.

As usual do not invest more than you can afford to lose and always do your due diligence before investing in any stock.

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PLAY OF THE DAY KBH (Kb Home)

This is another one that is suffering from the overall market fears but that should not. It is now well oversold and should rebound nicely today.

I am in at current level and expect a  move near 7,75$ rapidly.

As usual do not invest more than you can afford to lose and always do your due diligence before investing in any stock.

Get the play of the day on Twitter: @investman2 

PLAY OF THE DAY LB (Laurentian Bank)

Veryunusual pick for trading but Laurentian Bank shares are now at a very very attractive price. This is the 6th largest bank in Canada and a very profitable one including a great dividend that has been raised twice since a year. (from 0,39 march 31st 2011 to 0,45 now).

One good point is that their collective agreement has been accepted by employees for a 6 years period. (this is one of the rare bank to be unionized))

Another very interesting factor is the PE number. This is the ONLY bank in Canada that has a P/E ratio under 9 (actually 8,9) where all other major banks are near 11 and above. So there is a huge potential for an impressive increase in share price and this very rapidly.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock.

Get the PLAY OF THE DAY on Twitter: @investman2

INT What's going on?

This is very interesting to see INT shares going down and down and down again day after day when it should be the complete opposite.

INT just had a fantastic event last week end with Ortsbo, their flagship product, that allows instant translation in 50 languages at the same time.

The event was phenomenal as when watching you were able to switch language at any time and continue to received translation in the selected language. That was simply amazing.

INT also announced that they will soon be adding voice translation to Ortsbo creating an unique product.

INT also announce that they will spin off Ortsbo from INT at a date that will be announce at the next AGM.

INT also indicated that they want to be trading on the TSX NOT the venture market anymore.

INT had at the end of December over 107M unique visitors and honestly that number should have risen to more than 140M already.

INT will be translating live feed from Cannes Festival and this by itself will sky rocket the user numbers.

So where is the problem, is it revenues??? NO...Surprisingly enough in the media world the most important factor is not the revenues during the first couple of year but the user numbers. The more people use a product, the more companies will be interested in to advertise or pay for that product. Interesting to point out that Ortsbo revenue stream is not only based upon ads that users click on but could very well be from licensing the product to others corporation that need a 50+ languages instant translator: tv shows, movies, events transalation, chatting rooms, mobile phones application etc. The list is too long and the applications are endless. Imagine a product that would eliminate the language barriers. That product is here now and it is called Ortsbo.

So why is it still not going up like crazy: volume and number of transactions.

INT actually is in talk with many funds manager and other private investors for the Ortsbo spin off coming soon and i  am convinced that those players CANNOT buy INT at the same time that they are having a tour at INT strategy and results as they would become insiders.

I think that when Q1 results will be released around end of May, this could very well be the signal for a major volume increase not because of the results but because that will be the end of black out period for all insiders, major investors and fund managers. Remember that all corporations have a blackout period where they are NOT allow to trade on their securities for legal reasons. Even during that blackout period the company generally speaking is not allow to issue options to insiders. I should also point oout that at this time INT cannot promote it's products and are very limited in what they can say about INT as a whole. They are dealing with TSX and their rules cannot be override. When that process is over, we will know for sure how well INT and Ortsbo are doing and from ther, we will most probably get back to the usual news released about results in a timely manner. Expect a lot of advertising about Ortsbo and INT right after TSX approbation for the proxy documents and listing of INT on the major exchange.

So is INT goin down forever? No, at the present time it is the retail investor who is keeping INT at the level where it is and the day traders that avoid major ups or down. Retail investors are getting really nervous and many do not fully understand what they are buying. Then at first sign of weakness they leave the ship. As for the day traders, well they will flip the stock for a couple of pennies each time they can do it. 20,000 shares flipped for 3 cents profit is 600$ and for most retail day trader, it is a good profit for 1 or 2 day of trades.

INT and Ortsbo will have their day soon. Get ready for it. Still not the time to buy the champaign, but you can at least start to select which one you will drink that day !

DISCLOSURE: I am long on INT and own a large number of shares. I do not have any intentions to sell any of those in the short or medium term but i could add to my position if stock continues to dip.

As usual do not invest more than you can afford to lose and always do your own due diligence before buying any stock. 

ALERT DRL

Doral Financial released their Q1 results yesterday and this was interesting to say the least.

They received over 110M$ in tax credit and they decided to apply that amount to a loan loss reserve.

Even if the move was a very prudent one, i think it has deceived the market a bit as many were expecting a gain or 0,79 per share and instead they did about 0,01.

Looking only at profit per share it coul dmean an incredible miss but i think that the move was very prudent when we look at the actual situation.

What we should still consider is the fact that a loan loss reserve is a reserve...not a loss in itself and if situation in Puerto Rico start to recover, DRL could easily reduce that reserve and turn in into profit.

I am curious on one mention about the new land and home evaluation that they received. If the decrease is as large as mentionned, what would the other Puerto Rico banks do? Do they use the same evaluation and if not will they have to?

If the situation means that they will have to re-evaluate their portfolio, it could mean larger losses for BPOP as they are the biggest lender in Puerto Rico. So be careful with the latest one.

TVI PACIFIC Ray of light

Q1 results have been as expected with only 1 shipment but with recent changes in the number of shipments for the balance of the year (going to 2 per quarter) and a lesser penalty for quality of copper, this could be seen as a ray of light coming.

Naturally the biggest problem TVI is facing right now is the inability of the Phillippine govt to take action and fix once for all the mining policies that exist or should i say not enforced.

Until such action from the govt is taken, we will have a share price moving sideways between 0,025 and 0,04.

The positive side is that TVI still have many projects on the table getting ready to be officially started like Balabag, Canatuan mine life extension and surely many more.

TVI does have the money to either financ thes start up projects or even make a larger acquisition / join venture to increase shareholder value.

But at this time TVI is still a HOLD until such changes are implemented by the govt.

I do still expect a major rebound whenever this problem is fixed as i still believe that the projects are larger than the actual problems.

The results that will come from the actual quarter will be interesting to look at: 2 copper shipments, lower penalties and 1 zinc shipment.

I would then expect a profit in Q2 by about 2M$.

PLAY OF THE DAY GPL (Great Panther Silver Limited)

Looking for a pure play on silver? This is the one.

I try to buy on the dip at all times and the recent share price drop linked to silver price is great...

That stock has dropped by 20% in only a matter of days even if their results are really good. No doubt that this one is greatly oversold.

I am in at current level ( 1,50$ to 1,65) if silver stabilize and looking for a 2,25$ share price on short term and 3,75$ on a medium term.

As usual never invest more than you can afford to lose and always do your due diligence before investing in any stock.

Get the PLAY OF THE DAY on Twitter: @Investman2

PLAY OF THE DAY AA (Alcoa)

This is a question of : What do you believe???

If you think that Europe is going down and that Asia is done then Alcoa is not for you but if you do believe that even if China was to slowdown (...) to 7% and that Europe will be not as bad as expected, then Alcoa could be a great stock pick. Only 6 weeks ago it was well over 10$ and company fundamentals has not changed that much even if Alcoa expect some kind of slowdown for the rest of the year.

Alcao is a major player the world and we have always been told to buy on the dip. Is that dip deep enough or do you think it is only the beginning???

As usual do not invest money you cannot afford to lose and always do your oue due diligence before investing in any stock.

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PLAY OF THE DAY YHOO (Yahoo)

With all the reshuffling going on at this time, i think that it is the right time to get back in Yahoo. They have ousted their current CEO resigning and will replace him with Levinsohn as interim. Based upon his success with Fox digital business and the fact that they have now 3 new directors, the result will definitively increase shareholder value if all management decide to work toward the same direction. Yahoo shares have beeen hammered recently and the possible monetization of Alibaba could create some value for the shares of Yahoo.

At current level i will be in and projected exit price at about 17$.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock.

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PLAY OF THE DAY FITB (FirthThird Bancorp)

Very nice regional bank that will most probably be hammered early on this morning but this one has nothing to do with JP Morgan and will only suffer short term. It has one of the lowest P/E ratio and is very very profitable.

I will be in around 13,50$ and out over 14,25$

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock.

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THE PLAY OF THE DAY MB.TO (Mega Brands)

This is a fascinating toys company that is now turning the corner toward profitability.

MB just released their Q1 results: sales are increasing and profit is improving. Mega Brand is not out of the woods yet but normally Q1 is not the leading quarter and i expect that Q2 and Q3 will be much much greater especially with their new licensing deal with Mattel where Mega Brand will create products under the Barbie and Hot Wheel brand.

The stock has been hammered this year and i expect a good leg up toward the 8$ mark.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock.

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PLAY OF THE DAY DIS (The Walt DisneyCompany)

Well this is not my actual target stock BUT with market being what it is, it is preferable to stick with winners and this is a big one.

If  DIS is able to see share value increase (due to great numbers reported) imagine what it could do in a better market situation...

Take some time to look at their last report. It is very very good.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock.

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PLAY OF THE DAY UWN (Nevada Gold & Casinos)

I have no choice than coming back to this tiny very interesting company because at this level it is a GREAT play.

It will be really interesting to see what the new acquisition will bring in, profit wise, but in the meantime, it is actually well undervalued and oversold.

I will get in at the current level and out over 1,40$

As usual do not invest more than you can afford to lose and always do your due diligence before investing in any stock.

Get the PLAY OF THE DAY on Twitter: @investman2

PLAY OF THE DAY YLO.TO (Yellow Media)

This is a fascinating story but on the wrong side...

This is the story of a 14$ stock (before converting to a regular company from an income fund) that was paying great dividend but crumble under debt and pressure in the printed media business.

Since a year, it has seen it's value decline by almost 99% but it was before one of the most profitable business in Canada.

I would also guess that not that long ago, everybody was under the impression that YLO would disappear BUT in the last quarter it generated a profit of 6 cents per share after a loss of over 2B$ in the previous quarter.

YLO will be releasing the Q1 results tomorrow and based upon the way stock trend actually, momentum is coming back on the 3 different stocks that you can buy:   

Regular stock YLO
preferred YLO.PR.A
preferred YLO.PR.B

The preferred shares can be exchanged, at company discretion, for regular shares.

Personnally i do not think that YLO is done. The transition to an electronic media company from the original printed media has been very difficult but i suspect it is on track to get it done right.

If that is the case, expect a super leg up from YLO effective tomorrow after their results release.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock.

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PLAY OF THE DAY BAC (Bank of America)

This is a very good time to get into this one as BAC is absolutely undervalued and i think we could see a great rally toward the 9,00$ very rapidly.

It is stitting actually right on the 8,00$ mark (tested with success many times)  but it is under it's 50 days moving average. I will get in now but will add a stop losses at 7,60 because if it breaks down below 7,60$, the next stop would be 7,00$.

Actually this is one of the rare bank valued at less than 50% of the book value and this is odd. Would i consider this one as too big too fail???

No, i would consider this one as too big NOT to succeed.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock.

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ALERT DRL

Finally DRL seems to have bottomed. Since beginning of this week, it has seen it's share price drop from 1,91 to a low 1,63$.

If my forecast is correct, it will be reporting a very good Q1 2012 and it could send back the share into the 2$ range for a very nice profit.

Naturally, any bad results will send back shares into the 1,35 to 1,50$ range. So caution is needed here but the reward potential is huge.

PLAY OF THE DAY GW.TO (Garda World Security)

Very interesting company with good revenues and undervalued with a P/E of only 11.

Not the fastest mover in the stock world actually but lots of potential to be developped especially in Europe. Their business is into security so whenever things are getting challenging for customers, this is where GW gets into the action.

I will get in at around 7,50$.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock.

get the PLAY OF THE DAY on Twitter:  @investman2

PLAY OF THE DAY KBH (Kb Homes)

Well as confirmed again this morning with Q1 release from Beazer Homes (BZH) sales in the home market are improving a lot. They are still contemplating future with some caution in regard of future growth but still...

KBH is a great example of undervalued company and if lucky enough it could dip to around 8,50$ this morning.

I will be in at 8,50$ and out near 9,25$

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in this stock or any other stock.

Get the play of the day on Twitter:  @investman2

PLAY OF THE DAY BPOP (Banco Popular)

Today will be very interesting  as i expect high volatility for this stock. BPOP has confirmed that it will be doing a reverse stock split 10 to 1 on the last day of May.

As usual the reverse stocks split normally do not work to the favor of the actual shareholders and i suspect that volume will be in the 15M range instead of their usual 8.5M average.

The rational behing the split is correct and value of the stock will correct itself within 30-60 days after the split takes effect but for the coming weeks, it will be very interesting to watch.

I will be in around 1,60 as this would mean largely undervalue for this stock that should be trading near 3$.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in this stock or any stock. 

PLAY OF THE DAY DRL (Doral Financial)

Yes, i am back with DRL for a second time. Here is why:

Last time it did made a good jump from 1,79 to 1,87 and profit was good in only a couple of days BUT this time, DRL will be announcing their results on wednesday and this could be a really surprising quarter as it had an overpayment in income taxes that they will have to reverse into profit and at the same time it will increase greatly their capital ratios. I would not be surprised to see DRL jump as high as 2,35$ on wednesday or thursday.

So, this is a great occasion to buy on the dip either today or tomorrow and get ready for a great profit % in a few days. I will get in near 1,79 and hold on until near 2,35$. This should be a massive winner.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in this stock or any other stocks.

Get the play of the day on Twitter: @investman2

Is Ortsbo from INT really worth 210M$

THAT COMPANY SEEMS TO BE AN EMPTY SHELL AS OF NOW AND INVESTORS LOST THEIR SHIRTS ON THIS ONE" REMEMBER THE NAME OF THE BOARD MEMBERS FOR FUTURE REFERENCE"

The latest value that INT (Intertainment Media) assigned to Orstbo was 210M$ for a translator plug in that works perfectly even if at this time it is still having some minor glitchs when trying to translate local expressions in most languages.

(By the way, they are actually working on a wiki type of dictionary that will fix most of the problem.)

Actually on the last reading (end of 2011) Orstbo had acquired 107M users and the speed at which they are increasing that user number is absolutely incredible to the point that i would not be surprised to see another 25-30% increase at the end of March 2012. And i am not even mentionning mobile users numbers.

So when looking at value per user ( December 2011) at around 2$,  that is way too low based upon market value for other companies in the social media arena.

Sure the revenues per user are not that fantastic at this time but it is absolutely the right thing to do to have such a great number of users that advertising companies will be willing and begging to get in and pay a right price to advertise.

Imagine for a second that INT would have done the opposite: increase revenues per user and forget user number expansion. The result: each user would be targetted so many times a day that it would be annoying to them to the point that most users would only get rid of the application. Simply imagine a fantastic application on which 3/4 or the displayed page is reserved to advertising and 1/4 for the app. That would not make sense.

Think about Angry Bird: imagine that each time you shoot, an add would pop-up...

No, INT did the best thing for Ortsbo and don't see any reason why this coming company could not be valued more than 1B$ (yes 1,000,000,000$). They have the user base growing faster than Facebook, they have a fantastic app that translate instantly in 53 different languages and this is only the beginning.

As for the total value of INT, well at this time even if it was only for Orstbo, it's value is definitely a lot more than 50 cents. Do not forget all the other start up companies that they have invested in (too many to list them all here) and it is a no brainer that INT value is a lot more than Ortsbo.

Here is an excerpt from The Washington Post explaining one of the reason why Facebook paid 1B$ for Instagram. By reading it i am sure that it will pop up some ideas about other INT divisions and how they could easily be assembled together to form the next Instagram company to be bought out by either Facebook, Twitter, Google, Microsoft, Nokia...the list of potential buyers is again too long to list themn all.

(From the Washington Post)

Facebook’s $1 billion acquisition of Instagram is a clear sign that Facebook, at least, is taking the rapid shift to mobile platforms seriously. While the social network has one of the most popular apps on the market, the company is still centered around the desktop experience and has admitted that it’s a little concerned about its mobile strategy.

In fact, it paid out twice as much as Instagram’s last estimated value to snap up the photo start-up — possibly because it’s a purely mobile application.

Guy Rosen, the chief executive of Onavo, which monitors mobile data, said the acquisition is “definitely a huge milestone for mobile.” There hasn’t been an acquisition this large of something purely mobile, he said, but the Facebook acquisition recognizes that “Instagram is on to something, on to what it means to be viral,” he said.

Apart from viral appeal, though, Instagram has the loyalty of a growing community of creative people that distinguishes it from other flash-in-the-pan fads such as Color, another photo-sharing app that launched to much fanfare and failed to gain traction, prompting a redesign only months later.

In its two years, however, Instagram has grown on the iOS platform and recently opened its community to Android users. The service now has 30 million users — up from 5 million in June — and the app is the sixth-most downloaded iOS application, according to Onavo’s numbers. That means it shows up on roughly one of every 10 iPhones.

“It’s the most popular social network apart from Facebook and Twitter [when it comes to apps], and the only mobile-only network,” Rosen said. “You can see how Facebook is really trying to address this gap by tapping into Instagram.”

Michael Scissons, president and chief executive of the social marketing firm Syncapse, said that Facebook is smart to look to Instagram and attempt to capture the creativity of its users in the same way.

“This is part of Facebook's. . . strategy toward making Web their own,” he said. “And it is based on users building their own content.”

Scissons said that he believes Instagram will become a core part of Facebook, which has said in the past that photos are a vital part of its social network. He also believes that the social network will do its best to keep the spirit of the photo service intact to keep its fans coming back and to keep Instagram’s talent happy.

“If you pay $1 billion for that team, there’s a strong probability that it will remain independent,” he said, drawing comparisons to Google’s acquisition of YouTube.

PLAY OF THE DAY RF (Regions Financial)

Very interesting bank. No exposure to Europe and getting stronger and stronger. Only dark cloud at this time is the fact they they will issue aabout 150M shares to repay TARP but because it has been approved, it is almost a sign that the US agency confirm that the bank is now solid as a rock.

So this is a perfect play on the next down dip. I will get in at around 6,49$ and exit at 6,98$ for a great 9% profit.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in this stock or any other stock.

PLAY OF THE DAY LVS (Las Vegas Sands)

They had another great quarter and what is happening right now is profit taking. Look at the chart and you will see that they had a fantastic run.

This is a perfect one to buy on the dip and below 57$ it is a great one to have. Naturally i will wait a bit for market to stabilize at open and hope to get it even cheaper for its next run to 60$.

As usual do not invest more than you can afford to lose and always do your own diligence before investing in this stock or any other stock.

PLAY OF THE DAY UWN (Nevada Gold and Casino)

UWN has a new route for slot machines and revenues will only quick in this quarter. This is a stock that has a low daily transaction volume and normally i would not consider this one for that reason BUT with the recent events and the very low actual price, it makes it a good candidate for a solid return in only a matters of a few days.

I will get in at 1,40$ -1,45$ and exit after 1,60$ for a nice 10% + return. Now that stock has a lot of upside potential if you want to stick around a bit longer as i expect this one to be close to 2$ in the near future.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in this stock or any other stock.

Get the PLAY OF THE DAY  on Twitter:  @investman2  

PLAY OF THE DAY F (Ford)

At current level this is a steal. With the credit upgrade from Finch Today (up to investment quality BB+) finally Ford is starting to be recognized for what they really are: a great car company that never took a dime from US government and was able to ride the 2007-2010 great recession by themselves. Ford did not dilute any investors and did not went to the bankruptcy procedure to get rid of their problems. They found their way out and now their balance sheet  is a great one. They are also building a new plant in China to increase production to 1,2M vehicles per year.

So i would get in at 11,60$ and out aroung 14,00$. This play may be a bit longer than usual but it is worth it.

As usual DO NOT INVEST more than you can afford to lose and always do your own due diligence before investing in that stock or any stock.

PLAY OF THE DAY RSH (Radio Shack)

This is a very undervalued company and the recent drop was based upon only 1 bad quarter.

I will get in around 5,85$ and exit around 6,50$ for a nice profit. Today it seems that market will be really ugly. SO take the time and wait for the right price. With a bit of luck and nervous selling, price could end up lower than 5,85$.

As usual do not invest money you cannot afford to lose and always do your own due diligence before investing in this stock or any stock.

Get the PLAY OF THE DAY on twitter: @investman2

PLAY OF THE DAY MPEL (Melcro Crown Entertainment)

In the casino business MPEL is an underdog. The shares are now trading at a near 52 weeks high but a lot of potential to grab. This one is a very volatile stock so get in at actual market today (near 15,33$) and get out before end of day for a nice profit as it should be trading around 15,75$.

As usual DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in this stock or any stock.

Get the play of the day on Twitter: @investman2

PLAY OF THE DAY UUU (Uranium one)

Great potential for upside with an entry point at 3,02 - 3,04.

UUU is one of the great uranium producer an it's production is on the rise and their cost is lowering.

Great play.

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in this stock or any stock.

get the PLAY OF THE DAY on twitter: @investman2

THE PLAY OF THE DAY DRL (Doral Financial)

This will be very interesting as this little bank in Puerto Rico has the potential to give a great return in a very short period of time. IMO they will be reporting a profit increase on their next quarterly report but most important is the fact that they will also book a large credit that will have a good impact on tier 1 and other capital ratio.

I am a buyer under 1,63 and a seller over 1,79

As usual do not invest more than you can afford to lose and always do your own DD before investing.

Get this on twitter:  @investman2

PLAY OF THE DAY BZH(Beazer Homes)

This is one of the underdogs in housing and with this morning releases about home builds and permits, i would not be surprised to see another small drop. New home starts were not that good in march so looking for Q1 to be a bit lower BUT new permits did show an increase that let me thinks that Q2 will be much much better.

So BZH between 2,75$ to 2,80$ is a good play with an exit point around 3,19$.

I will be monitoring this one very carefully and pull the trigger after market stabilizes.

As usual DO NOT invest more than you can afford to lose and always do your own due diligence before investing in this stock or in any stock.

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PLAY OF THE DAY DAN (Dana Holding Corp)

This is a great play and can be kept a bit longer than usual.

Very undervalued as it should be trading nearing 16$. Good gains to be made there.

As usual do not invest more than you can afford to lose and always do your own due diligence.

Get the PLAY OF THE DAY on Twitter   @investman2

PLAY OF THE DAY FBP(First Bancorp Puerto Rico)

I will be getting in around 4,05$ and out at around 4,30$. Very solid bank and the one with the best equity per share.

As usual DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE.

PS: Happy with WPX (Western Potash)...Wait until today results.

PLAY OF THE DAY NOKIA (NOK)

This is a very agressive play of the day and this should be executed very rapidly IN and OUT. This is a speculator play and only for really experimented users.

I will be in at 4,15 to 4,20 and out at around 4,50$ for a 7% return. I will put stops losses at 4$.

NEVER PLAY WITH MONEY YOU CANNOT AFFORD TO LOSE. Always do your due diligence or consult your financial planner BEFORE making money commitments to any stocks

UPDATE NOKIA

Stock seems to have stabilized but still way too oversold. They are still a leader in the phone business and i think that their new LUMIA product will grab a lot of attention.

They have lowered their Q1 2012 expectations but i would not be surprised if they would have bottomed at 4,27 (in the expected range)

At this time it is a short time play but who knows, it could be a very profitable one.

ALERT NOKIA

This one seems to be badly oversold. Watch for 4,15$ to 4,25$

TVI The waiting game

First let me say that Rhonda leaving TVI is a very bad thing for TVI and will surely mean a greater challenge for Rhonda. I wish her all the best and she will be missed in here. I was told that Raina is a very capable one and does have a great experience log. I will definitely be in contact with her in the very near future.

As expected last year numbers for TVI were good. Not excellent but ok.

Profit was correct, revenues were ok, their bank account is very nice and only very minor debt at very low interest rate. So what else can we ask for???

WE NEED PROJECTS GOING!

Obviously, every major company in the Philippine is actually in a waiting game with the Philippine Government as it would be absolutely ridiculous to announce new mining projects without even knowing what would be the taxable rate.

But for now let’s look at 2011 results and expectations for 2012.

The first thing that comes off my mind is Canatuan mine life: it is really surprising that there is still 1.6 years remaining mine life bringing TVI now to almost 2013 before mine is depleted totally. The new ore mix that Yulo is using seems to be very profitable. My opinion is that they are still drilling near the actual Canatuan pit and that they have a lot more ore available than originally thought. That being the case, it would be very interesting to know by how much mine life could be expanded but I will not count on that as it is illegal to mention new resources without going first thought a new 43-101. This would be costly and not needed at this time unless major discovery were to be made. Just the fact that they have drilled more copper and zinc near the actual pit is more than enough for me at this time.

The second thing that I find interesting is the value of the mining claims: it jumped from 3.9M$ to 6.9M$. Hummm what happen? There is an addition of 4.6M$ in 2011 and under construction, there is a 5,8M$ under Construction in progress. To me these 2 amounts are referring to Balabag and that being the case, this project is probably a lot closer to an official start-up that we originally thought.

What about cash reserves: WOW 23,7M$ that is a HUGE difference from last year and definitely comes from Alaska transaction (that had a direct impact on the 12M$ net equity jump in 2011) and some profitable mining during the year.

For the math lover in you, TVI is now generating 0,035 per share in cash flow (yearly). That is very surprising for a company to have their shares trading at the same level…

It is also interesting to note also that TVI is now a profitable mining company. Last year it had a cumulated deficit and now it is retained earnings. This is a good difference.

So the net results is that in 2011 TVI made a profit of 0,005 (half a cent) compared to last year 0,022 net profit per share. We can immediately see why shares are trading at 0,035: it does represent a multiple of 7 THE SAME as last year (well almost the same albeit a bit lower last year as a multiple).

As a starting point for TVI share price valuation I think the real ACTUAL value actually should be in the vicinity or 0,15 to 0,21 cents per share if we only take into consideration Canatuan and NO other projects. To achieve that and based upon current valuation multiple TVI will need to increase profit to the range of 0,02 to 0,03 and this means between 12M$ and 18M$ dollars in profit in 2012. For Canatuan only this is feasible.

I would also highly recommend reading the 2011 final MD&A as it contains a lot of information in relationship with 2011 results and 2012 projects. Iit would be too long to copy and paste in here.

So what should we expect from now on based upon a fast decision from Philippine Government?

1)      We need an update on Philippine oil project. I know that TVI is not the operator and NIDO is the one that will decide if and when we get one. Based upon NIDO web site, there is not much to mention about it and their extension to evaluate real oil prospect in there is ending somewhere in August 2012. Should we count on a great surprise there?  I am not sure and will not count that oil project as something of the highest priority. But I would be interested to know if the value of this area was to be considered as 0.

2)      The Balabag project official start-up signal should be announced almost immediately after the government decision because I think that TVI had enough time to complete and process all drilling and made up their mind (and their plans…). The mountain definitely did not moved but I can understand some delays in the 43-101 because they may have to fine tune the drilling process to ensure maximum value in the defined resources. If they simply change the angle at which the mountain is drilled, I am pretty confident that they have to redo completely the overall picture. (NPV (net present value) must be done pretty accurately and cannot be changed after releasing the report or it would be considered misleading information) By itself this core project of 50,000 gold ounces will be enough to give a boost to TVI shares at least half way to where they were until production really starts up. (Total proven resources as of 2008 43-101 were close to 500K ounces and the 50K ounces was only to define the start-up bootstrap.)

3)      Canatuan expansion: I am almost convinced that Malasuk contain enough copper to increase mine life at Canatuan by another 5 years and drilling around actual pit at Canatuan could increase again that mine life. I think that if there was a 10 years mine life increase (as a total including near pit mining)) this would be the biggest factor to increase share price to a more respectable level.

4)      TVI will need a really good JV partnership with a well-established company to start up a great project with well above what we are used to as potential. A jv that will have nothing in common with Dacon that unfortunately has gone nowhere as of today. How about Philex, Xstrada etc…After all if the bans were to be lifted it would be mostly because of TVI as they would have succeeded where both of them failed and I am almost certain that some of their properties could be jointly exploited. (That could be a great thank you mark…)

5)      Continue exploring the Grater Canatuan Tenement Area trying to expand Canatuan mine life as it is within trucking distance.

6)      Tamarok: Drilling program should be continued in 2012 as this could be another major project for TVI. Any major discovery there could change instantly the value of TVI.

Overall, my view in regard of TVI is that it is in a Federal and provincial battlefield where the outcome cannot be certain even if my opinion is that TVI is in its right. All those legal conflicts have eroded the share price and investor confidence. Until these are put to bed, it will be very difficult for the share price to gain any traction whatsoever.

On the other hand, I would be very surprised if TVI was only sitting there and awaiting results before getting some advancement ongoing. I am pretty convicted that TVI people are more advanced than we know and that they will release that information in due time. As of today, I would not consider that as withheld material information for the simple reason that nobody knows when or at which conditions TVI will be able to go ahead with any of those projects.

At this time we can only wish for the best outcome and it could also be a good time to lower your cost on TVI’s share if your stomach is tough enough to support a 50-50 chance of a positive outcome.

Time will tell but for now I will keep my fingers crossed and hope for the best.

François

PLAY OF THE DAY WPX

Western Potash between 0,91 and 0,93 is a great play. It is highly volatile but you can expect 1,05 to 1,10 exit price to come rapidly.

As usual do not invest more than you can afford to lose and always do your own due diligence.

PLAY OF THE DAY INT

Play of hte day is INT (Intertainment Media) on TSX venture. Nice company with a great product ORTSBO.

At current level it is a good deal as ORTSBO spin off details are expected very soon and shareholders on date of record will be entitled to received 33% of the spin off and that amounts to close to 70M$.

With around 350M shares outstanding that will mean a special dividend of about 0,20 per share (will be paid in the form of shares of ORTSBO) and this will increase the ask most probably up to 1,00$ rapidly.

As usual do not invest more than you can afford to lose and always do your due diligence.

PLAY OF THE DAY ALZM

ALZM (Allezoe Medical OTCBB)

Highly volatile and for speculators ONLY. I normally get in at around 0,0105 and out 0,0175

Not the right place to invest a lot but a funny stock to watch. Has been profitable many times.

PLAY OF THE DAY AC.B

Play of the day is Air Canada (AC.B) at 0,88

Good results last month and still in the right direction. Too much fear explaining huge drop in price.

Still holding to BZH of yesterday bought at 2,99$

This is the last one one the week.

PLAY OF THE DAY

Today's play is BZH (Beazer Home USA).

Entry point at 2,99$ or less and exit at 3,25$ or more but could happen tomorrow only.

This play is in regard of home construction and is moderately volatile.

Don't forget to do your own DD and NEVER INVEST MORE than you can afford to lose.

Also available on twitter undere @investman2

NEW Play of the day

Everyday (business day) 1 stock will be named the stock of the day. These stocks are undervalued and represents a great trade opportunity for the day and the day after. These are very short term trades and are not for nervous investors.

For today: PLAY OF THE DAY IS:  FBP (First Bancorp or Puerto Rico). Very undervalued regional bank and moderate to high volatility. I buy around 4,16$ and sell before 4,75$ as USA govt still has about 90M shares to unload due to TARP.

It will also be available on twitter under @investman2

As usual NEVER INVEST MORE than you can afford to loose in these play of the day are not mean as a guide to invest. Always do your own due diligence before investing in any stock.

ALERT DRL

Nice ride this morning for DRL. Watch up for the 1,70$ level.

Never a bad idea to take in some profit off the table !!!

ALERT INT

Watch for 0,70 as it seems to be a major resistance (between 0,68 and 0,70)

The next time INT closes above 0,70 get rady for a major leg up.

Remember that INT will be revealing the date of record for the Ortsbo Spin off most probably at the AGM.