The Play of the day STI (SunTrust Banks)

This is banks week...

Very interesting bank and again another under evaluated one at 0,67 (earnings to book value) compared to other banks in the same category where their book value ratio is either very close to 1 or higher.

So, what is wrong with STI??? REVENUES AND PROFIT. Again the main problem is net profit and higher revenues meaning a larger market share.

But second half of 2012 will help regional banks that were solid enough to clean their house and their very bad portfolio still maintaining their tiers ratio. They will be able to grow based on new loans not on expenses reduction.

STI has been able to do that and it's now on recovery path.

I will not expect a very high return sor STI this year, but i do not expect volatility to be high either.

STI will start moving into a trading range (22$ to 24$) and when profit hits then that range will move higher, dividend could be increase etc. I expect a share value of around 30$ by year end. (Still a good 20% return)

So i will open  a small position and start accumulating STI. In the long run, this will be a winner.

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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The Play of the Day C (Citigroup)

This is the week for the bank picks.

Many says that the economy will be driven by construction. Yes BUT if banks do not lend than there is no new construction coming into the market.

Where is the starting point: profit. When banks starts to make more profit they start making more loans and the last 3 banks that have reported have indicated just that: more profit and more loans than expected. Sure expectations were very low as a very slow recovery has been taken into account but again this morning look at Citigroup and the result on pre-market trading for having beat the estimations. They are trading at near +4%

It also makes me believe that larger banks will make more profit lending to big boys and then it will echoed to smaller banks, namely regionals, all over the place as long as these banks have been prudent. The wheel has started to spin in the right direction!

So this morning, i will be adding some Citigroup but watching carefully the opening trend as it seems that 4% gain in pre-market is a bit high but nevertheless, under 30$ it is still really cheap for Citigroup as their P/E ration is under 8, their price to book value really dirt cheap (0,44), and is evaluated the lowest compared to other large banks.

NOW, if Citigroup was to officially announce a dividend increase watch out for a rapid recovery. Not that long ago (march 2012) Citigroup was trading at 38$. It took 4 months to lose 25% of it's value BUT the rise could be a lot faster.

I do believe Citigroup will trade over 40$ by year end so this is a great time for accumulation and a close to 40% increase in value over the next 6 months.

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

THE PLAY OF THE DAY: FBP DRL

A double play for a Friday the 13th...

As we have seen so far this morning, big banks (JPM   WFC) are reporting profits much better than anticipated. JPM is a trading bank combined with regular bank BUT Wells Fargo is a regular bank (large by all means...) and has nothing to do with a banking investment. Both did made solid profits.

Conclusions: as far as banks are concerned, we could be in for a great Q2 profit report for most of them and especially regional banks that have been hammered recently.

Stock market being what it is, i think that finding stars before others make the difference and in that regard Puerto Rico is an area where  problems have been larger than anywhere else but fixes will come and economy will improve out there. It will do that after other states i agree BUT it will improve.

So my point is that it could be the time to get back in and start accumulating the 2 following banks:

FBP has been growing (credit card portfolio base  bought for 402M$) and is still one of the largest UNDERVALUED bank of the area with a price to book ratio of only 0,56. Also very important to note is their share float. So low that any profitability would impact shares a lot faster than any other banks.

DRL is evaluated only as 0,39 (price to book ratio) and is on the verge of profitability with a 200M$ load provision taken on the last quarter (when stock dropped from 1,80$ to 1,20$) and is ready in my opinion to achieve profitability and growth in all sectors of operation. Also very small share float.

With that in mind, these 2 banks, that i have played short term for 5-10% profit each time, are poised for excellent growth over the next year and should be providing investors with a great return %. They are highly volatile but it is worthy.

Today launch a week special: Banks. They are in the first to reports and will give an excellent idea on how the market will react next week.

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

THE PLAY OF THE DAY GW (Garda World)

With a new agreement with Desjardins for 250M$ AND a 6 years contract with Laurentian Bank, this is without a doubt a stock that will benefit in the coming days.

I will be at 8,25$ or lower and will accumulate some more. This stock should be close to 9,50$ in the mid term.

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

On The Radar After 30

This morning i am keeping an eye on the following stocks:

BZH     ( Beazer Homes) 

After pricing the new shares at 2,90 yesterday it will probably hoover around that price. I will be a buyer at 2,79 up to 2,85. I expect their next results to be way better than the last quarter.

GPR (Canada)   GPL (USA)    (Great Panther Silver)

Silver has bee hammered down lately and i expect a reboud. Good time for a bit more accumulation. Will watch price between 1,62 to 1,64 (GPR) and 1,60 to 1,63 (USA)

INT (Intertainment Media)

Again good price discount this morning but there is a huge wal at 0,35. Another good entry point for accumulation at this afctual level.

F  (Ford)

It is flat at 9,35 and watching the 9,25$ level today. Another good opportunity to accumulate

PLAY OF THE DAY MIO(cve) (Mindoro Resources)

Well with the actual stock market stuck in the mud, sometime we need some foreseable action and Mindoro could be one very interesting stock.

They are in the Philippines and unfortunately cash is running out. Last week, they sign a Heads of Agreement with TVI  Pacific to form a join venture on some properties.

Part of this was the immediate cash loan that will let Mindoro Resources operate until final decision (after due diligence from TVI) is made.

This is a win win situation and the immediate beneficiary will be Mindoro as they will still be partners in the properties and will received an instant cash injection. Il will diluate actual shareholders BUT TVI did offered 0,05 being the actual price. So some dilution but no discount to market price.

At the actual 0,05 i think this is a good play and could create a great return within 90 days if due diligence favor the deal but my instincts are telling me that this deal will get it's green light.

Naturally THIS IS NOT THE ONE TO bet all in...but could jazz your protfolio a bit if it goes as planned...

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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THE PLAY OF THE DAY F (Ford)

What else can we say about Ford???

Last night on the conference call from Alcoa, the ceo mentionned automobile segment was doing good. To me good is a lot better than doing OK or STABLE...

So how is Ford really doing? Well they just started the production in their new facility in Romania where they have invested over 850M$...not bad...

They also got their credit back to investment quality grade and since Q1 results were released Ford was downgrade by some investment analysis.

So why should we pay attention to Ford? Look at the P/E ratio: it is 1.99 (not a typo error here)

Ok i will agree that sales are down as is profit but how low can it go?

Simple maths here: 4,75$ profit per share means a p/e of 1,99 where  GM and FIAT (Chrysler) are at a p/e of 3,5, that means that FORD profit will have to get down to 11B$ (40% decrease over all divisions) to be at a comparable P/E.

So, i think it is time to accumulate from now on. Some here and there and more buying on dips. Yes there maybe some other bumps over time but overall Ford is a great investment if you have 2-3 years window.

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

THE PLAY OF THE AC.B (Air Canada)

Very tinteresting that AC.B closed friday at 1,01$ after having a good run to 1,03$. It happened at the very end of the day where 0,02 were taken off the last price.
So today there is, at this time, almost no sell order under 1,04 and even there after everything is clear up to 1,10 as only about 300K shares are on the sell side.
So for a quick play i will make enter at 1,01 (still some left at this price) and make an exit point over 1,06.
There is good support this morning between 1$ and 0,99 and this is limiting the down side.

If you want to play it a bit longer, there is a very high possibility of a coming great leg up. Results are good and fuel cost is still on the down side.

I would not be surprise to see AC.B going around 1,45 before year end especially with the talks about pension funding that could be extended by antoher 10 years helping a lot AC.B.

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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THE PLAY OF THE DAY TVI.TO (Tvi Pacific)

Well for a junior mining company that many had declared in bad shape, they have projects and that is what is needed in the mining industries. You simply cannot let your mines being depleted without acting and this is exactly what TVI did this morning. (see previous email for link to NR)

By the way, TVI is still generating close to 100M$ in revenues per year with some good profit and they had about 20M$ in the bank.

So what is the problem? Why are they stuck in the 0,025 and not closer to 0,25? Why a 90% discount?

Easy answer: mining act in the Philippines. The very moment this act is signed and that permits starts being approved, TVI will definitely get backs to where it should be.

So at 0,025 this is a steal especially if all their projects come to life. The gold mine almost ready to go (Balabag) by itself would have the share price incrase by a 0,05 to 0,10.

So at actual level, i am a buyer with an exit price of at least 0,10

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

ALERT TVI

TVI has just announced that they are moving toward a nickel mine.

At this moment here is the link and more to come on this deal

http://www.tvipacific.com/Investors/news/News-Release-Details/2012/TVI-Pacific-Inc-Announces-Joint-Venture-Opportunities-and-Equity-Investment-With-Mindoro-Resources-Ltd1130091/default.aspx

THE PLAY OF THE DAY WPX (Western Potash)

WPX is a junior company that tries to find a suitable partner to develop a huge potash mine and it's shares have been hammered down last week after some comments were made to the fact that no new potash mines will be build before at least 5 years and another release to the effect that WPX has ended talks with one of the possible partner.

The problem: nothing was new about these facts and shares have been greatly oversold. I expect a rebound around 1,00$ so this is still a good time to accumulate at a great price and even take some profit when WPX hits the 1$ again.

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 caution.

Get THE PLAY OF THE DAY on Twitter : @investman2

PLAY OF THE DAY BZH KBH HOV

All in construction sector and for one good reason: a bit of diversification in a sector that has bottomed.

Sure the road may be bumpy and many dips may appears but for example in just a matter of a couple of days, BZH increase by 10%.

Naturally i would buy those 3 names as they represents different sectors of the USA:  KBH is mostly west , BZH is mostly east and HOV is mostly central.

So you have it pretty much coverage with 3 companies.

Any come back of the actual situation in the States WILL have to have construction sector coming back at first to profitability and even if it is not done yet, i would estimate that before 2012 year end, they will be flat or profitable and this is the push those 3 stocks need to give great return.

I would prefer accumulation at this time instead of a short term trade where you can add on each 5% dip.

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

ALERT INT (5)

Very interesting to note that Maxim Group was the underwriter of Vringo (VRNG) and especially more when you look at the business description of VRNG:

Vringo, Inc., a development stage company, provides a range of software products for mobile video entertainment, personalization, and mobile social applications. The company's products include the Video Ringtones product platform that allows users to create, download, and share mobile entertainment content in the form of video ringtones for mobile phones; and Facetones, which allows users to create social picture ringtone and ringback content in the form of animated slideshows sourced from friends’ social networks. Its products also comprise the Video ReMix, an application that allows a user to create own music video by tapping on a smartphone or tablet, in partnership with music artists and brands; and Fan Loyalty, a platform that allows users to obtain video and video ringtones, view information on certain reality television series, and stars and vote for contestants. The company was founded in 2006 and is headquartered in New York, New York

So it would appear to me that they know the market and would find the appropriate investors.

ALERT INT (4)

Here is a presentation that was showed in 2008. Even if a bit outdated, it gives the general idea of who Maxim Group is.

Here is the link:
http://www.capitallinkforum.com/shipping/2008/files/maxim032008.pdf

François

ALERT INT (3)

When you look at Maxim Group customers, you will find very interesting names and well established companies).

Here are the links:

http://www.maximgrp.com/investmentbanking/recenttransactions/index.asp
http://www.maximgrp.com/investmentbanking/recenttransactions/invest_bnking_pipes.asp
http://www.maximgrp.com/investmentbanking/recenttransactions/invest_bnking_advisory.asp
http://www.maximgrp.com/investmentbanking/recenttransactions/invest_bnking_underwriting.asp

If this is not linked to an IPO in the states, i am wondering what else it could be. A private placement does not sounds like what INT had in mind as they already had a 20M$ offer on the table for Ortsbo initial offering.

I think that at this stage, ORTSBO and INT received a lot more attention in the USA and this is where they will be focused. That does not mean there will not be a RTO in Canada and a senior listing on the TSC but real money will not come from Canada.

To be followed

ALERT INT (2)

Who is Maxim Group LLC:

Here is the link to their website:

http://maximgrp.com/

ALERT INT

INT has just signed an agreement with Maxim Group LLC and it looks like the USA listing on major exchange is on the way.

More to come today

Here is a link to the NR.

http://www.intertainmentmedia.com/refresh/wp-content/uploads/2010/11/June-29-12-PR-INT-Enlists-Maxim-Group-2.pdf

THE PLAY OF THE DAY (FTR)

This is Dividend Week

The last play of the week is a contrarian play. You should not be invested in too many like this one as it is often describe as the one being unable to maintain it's dividend.

Well, it is really difficult to believe that a company can maintain a 10% + dividend BUT is that because revenues are not there or is it because share price has been hammered since 1 year?

If that share price was to get back to 6$ the dividend rate will get down to about 6% and that would make the dividend rate substainable ? Strange way of looking at it...

This is why i think this is a contrarian play as my impressions are that there are no reason why FTR could not see it's dividend maintained AND also get a good share appreciation.

The market is definitely highly competitive but with a book ratio under 1, there is room for appreciation also. Revenues are still good as is profit.

So opening a small position could be very profitable but this may not be at this time the stock to get in at 100%. So a 30-40% of your expected position could be a great start but be very careful. Good dividend yield does not mean a fantastic return and only 1 week drop in share price could wipe out a year of dividend.

Fo those who like this dividend week, here is a great site to learn more:

dividend.com

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

On the Radar after 30: BAC LB LVS

I am looking at the following stocks and entry prices:

BAC  (Bank of America)                                    7,65$
LB     (Laurentian Bank)                                   46,40$
LVS  (Las Vegas Sands)                                   42,00$

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The Play Of the Day ARR (Armour Residential REIT)

This is dividend week

This play is from another REIT and it is a bit more toward residential hybrid mortage and variable rates but still insured by USA government. But being on variable mortgages, as long as rates will stay low, the profit will stay a bit low.

On the bright side, the dividend rate is incredible at 17% and paid MENSUALLY at the rate of 10 cents per share.

So if you are looking for a stock that pay a great rate and where the share price is pretty stable, ARR could be the one. Unfortunately one simple drop in share price could wipe out easily any short term profit so be prudent and do not invest all on this one (as usual)

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
 

ON THE RADAR AFTER 30

I am looking at the following stocks and entry prices:

GPL (Great Panther)                                           1,70$

AA (Alcoa)                                                          8,19$

UUU (Uranium One)                                           2,45$

Yesterday was able to pick up some more RSH (Radio Shack) at 3,82$

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PLAY OF THE DAY CHR.B (Chorus Aviation)

THIS IS DIVIDEND WEEK

In regard of dividend, this is one of my favorite with a juicy 18% dividend (at actual price).

At this price, it is a bit hazardous as i prefer a share price around 3$ but even then 18% dividend is a great deal.

Important to know also that today's drop is due to the fact that CHR.B is ex-dividend today for 15 cents.
The real question is: is this susbtainable??? I may suspect that CHR.B could cut the dividend in case of problem but even if it was cut in half, that would still mean a 9% return and still be very good.

The problem with those very high yield companies is that they tend to be very volatile and can wipe out 2-3 years dividend in a day. But this one has nothing to do with Yellow Media. Not the same market and not the same number of competitors.

The airline sector is not an easy one and not too many people have made money there over the year and this is why my strategy is the following for a stock like that:

I will buy about 50% of my position at actual level and will add more if it dips between 5-10% and a lot more if the dip is over 10% and that their dividend policy is unchanged.

There will be a lot more to discuss about Chorus Aviation but that is what you should discover by yourself (due diligence).

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 caution.

Get THE PLAY OF THE DAY on Twitter : @investman2

On the radar after 30 mins

This morning on the radar:

RSH    (Radio Shack)                                  for a   3,82$ dip

LVS   (Las Vegas SandS)                            for a 42,25$ dip

MPEL  (Melco Crown Entertainment)        for a 10,75$ dip

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.

Get 'On the Radar after 30' on Twitter : @investman2

PLAY OF THE DAY LB (Laurentian Bank)

This is dividend week...

One of my favorite play in the dividend arena is Laurentian Bank for many reasons.

1) To the opposite of the first 3 majors canadian banks, Laurentian Bank is a lot smaller and a lot easier to expand. Doing banking business almost exclusively in the province of Quebec, they could expand and grow rapidly and agressively at least in the Toronto area without investing a lot where other Canadian banks would have to merge or go outside Canada.

2) They did made 2 major acquisitions since last year (AGF trust and MRS acquisition from Mackenzie Trust) and by doing so, increased their share of the mutual funds investments in Canada and especially in Quebec.

3) They have also increased their dividend 4 times during the last 24 months and their results are well over analysts estimations. From 0,36 in september 2010 to 0,47 in August 2012. This is a 33% dividend increase.

So LB is one of my favorite because it is offering a great dividend AND a major share value increase potential.

LB shares have increased by close to 12% recently and i would wait a bit for the next dip around 43$ or better. The shares are highly volatile due to the very low number of shares on the market. So be patient.

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 AGNC (American Capital Agency)

This is dividend week. Remember that a great dividend could be wiped out rapidly if the stock does not hold it's value. Also very important to mention is the fact that when a stock issue it's dividend, the value will be adjusted to reflect the dividend issued. For example if AGNC is worth 32,00$ and this is the ex-dividend date, the value adjusted will be 30,55$ the day after (their quarterly dividend is 1,45$). Very important to remember that you MUST BE the owner of the stock to receive the dividend. So if the dividend date is the 15th you must have bought the stock 2-3 days before to ensure that the transaction is settled on the dividend date. This is why you will see the mention: Ex-dividend date: this is the last date where you can buy a stock and receive the dividend.

On the dividend play, AGNC is one of the most profitable and stable one in the REIT category.

To become and stay within the REIT area, AGNC must return to shareholders 90% of their gains and they are doing just fine.
The only problem with REITS is the fact that by remitting 90% of their profit, they cannot rely on house profit to increase share value but must constantly go out to the markets and issue more shares to finance themselve thus diluting their value.

When you will research REITS, be careful as there is 2 different main categories: the one where a good % of their loans are NOT guaranteed by any government agencies and the other category is fully insured limiting the losses. AGNC falls under the category where most of it's portfolio is USA insured.

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

ALERT FBP (First Bancorp)

Heavy volume today and still the power hour to go.

Something is definitely going on and could either be short covering or the government selling some again today. Rememeber that they had 100M shares to disposed of and they have mentionned they will at their own discretion dispose of them.

Surprisingly, share price had hold nicely.

Very interesting to watch as of now. The closing price will definitely indicate next week direction as if it closes over 3,95 it could be very bullish.

THE PLAY OF THE DAY MPEL (Melco Crown )

This stock has sufferred a lot in the past 3 months and with the news that it will restart the construction of it's casino 'Studio City' in Cotai, it's seems to prove that actual slower growth of Macau gambling results are only a temporary thing.

I will open a position at actual level as i think there is room to grow the stock well over 13$ in a medium term window.

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

THE PLAY OF THE DAY UUU (Uranium One)

It has been well above 1 year since the accident in Japan and still uranium price is suffering as do uranium producers share price.

I suspect that when that happened and with the sudden drop in uranium price, many did hedge against increase at a 50-60$ level avoiding uranium price to climb a lot higher. BUT this will start turning around because it is making really hard any new start up projects and actual supply may start being shrinking.

Any small increase in price will have positive consequences for actual mining company and UUU is one of the largest in the world.

So, if UUU starts hovering around 2,50, i am a buyer and i will start accumulating. Naturally i will take some profit off the table on any good share value increase but still keep a good chunk.

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
 

ALERT TVI (Tvi Pacific)

Based upon report, the Philippine Government should issue the new mining act this Friday.

This new mining act has been in need for a long time and has almost put all international mining projects on hold and TVI was no exception.

That being the case, this would signal the start of a good leg up for TVI share price.

At this time it is difficult to establish the impact of the new act in regard of taxes and delays for approving any new project but at least if that act goes out on friday as expected, well this is finally a great step in the right direction.

Here is the link to the article:

http://newsinfo.inquirer.net/216193/aquino-set-to-sign-mining-eo


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.

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

Yes, again Air Canada and now with one dispute settled (machinist decision toward Air Canada offer) the next one to come will be most probably with it's pilots and pretty soon.

It will be interesting to see who's going to be the winner in that one. If Air Canada win that one also, well it will be the beginning for a nice leg up for Air Canada.

Looking at actual level 2 there is enough support between 1,00 down to 0,97 that i will be a buyer at current level (1,01) and expect AC.B to reach 1,10 rapidly enough to generate a nice return.

I will sell some at 1,10 BUT if it reaches 1,10 BEFORE the decision is made public in regard to the pilot's dispute, i would hold a bit longer as it could mean 1,15 (or more) if decision is leaning toward Air Canada offer.

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

THE PLAY OF THE DAY BZH (Beazer Homes)

If the market is what it looks like, the residential home market has bottomed and ready to start a great new leg up. It may find bumps along the road but overall it is going in the right direction and mostly has nothing to do with Europe...

Beazer is well positionned to secure a great return on investment. They have been hit really hard but yesterday it achieved a new 10 days high. Also on a technical note, the bollinger bands have not been so tight recently and this indicates most probably a volatility period to start and should be a good trading opportunity. Interesting to note that a bit over 10M shares were shorted (in total) at the end of may and if shorts have not covered their positions, we could face a short squeeze on any good news adding value to BZH.

Recently i have been a buyer of BZH at around 2,50 - 2,65 but with actual market conditions, i will open today a new position FOR ACCUMULATION unless there is a great share price increase in which case i would sell some to lower my acquisition cost.

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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THE PLAY OF THE DAY FBP (First Bancorp)

FBP had a great rally last friday (and very profitable) but i do not expect it to be long lasting.. It was too much too fast (almost 8% in the last hour) without any news. It was helped by a larger than usual volume for this period of the day.

So i will wait for it to retrace to 3,48 to 3,65$ level and will buy again for the next leg up.

FBP has been one of my favorite for short term play and accumulation at the same time (selling enough to recover price paid and the balance being free shares)

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 caution.

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THE PLAY OF THE DAY ALZM (Allezoe Medical)

I know ...this is a OTC stock and at only 0.0125. So why this one???

Well this one double yesterday (almost with 77% increase) on good news about differents matters that were settle down favorably and on a fantastic volume. I expect to see even more volume today and at least another double to reach 0,025 if not higher.

So it looks like that ALZM is back in business and will likely sign 1 or 2 deals before month end to add up sales and profit.

Naturally this is a nice but QUICK trade. You get in early on this morning and you get out when your target profit % is achieve. DO NOT BE TOO GREEDY just in case it reverse course.

IF at the opening it is going back under 0,01 DO NOT PLAY YET!

As usual do not invest more than you can afford to lose especially today with Greek elections coming this week-end. Also always do your own due diligence before investing in any stock.

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

Today is the informal meeting day in Markham for INT shareholders. INT will present their different brands and the technologies they are working on actually including the different investments that INT has already made.

It was originally supposed to be the annual shareholder meeting but because of delays in the RTO for Ortsbo, they simply cannot issue the proxy material and because a vote has to take place in regard of the transaction it has to be postponed.

So for the one that will be going there it will be very informal but surely interesting and this is why i will be closely monitoring that stock today as we never know what can happen at those meetings.

At actual price INT is almost only at 2 times the spin off dividend and represents a great opportunity for the mid term.

One final note for today: do not forget to have some cash aisdes for monday trading session as it could be totally weird and in all direction. So if you still have large profit on the table, it could be time to get some off and be ready.

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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THE PLAY OF THE DAY HBAN (Huntington Bancshares)

Very solid regional bank with more than 650 branches. It has resisted the storm, as of now, and could generate a good profit on the mid term.

Naturally any bad results in Greece this week-end could derail this one and most of the stocks but having nothing to do with Europe, this is one of the regional banks that could resist the most.

At the actual level, i would initaite a small position and add up more next week after the Greece election vote results.

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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THE PLAY OF THE DAY ZNGA (Zynga Inc)

This stock has been crushed recently and i am of the impression that this is due in large part to the debacle Facebook had.

I would not be surprise to see Zynga attract new customers with some of the new games they will be launching.

Do not forget also that Zynga has increase it's guidances in mid April.

So i think that Zynga is way oversold and ready to rebound nicely from the actual level.

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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THE PLAY OF THE DAY S (Sprint)

I think that Sprint has bottomed and even if profitability is not for tomorrow morning, the combination of Sprint and Iphone is something that makes me wonder if Sprint is not the underdog and that we could be going back toward profitability in early 2013.

That being the case it would make Sprint share looking cheap as they are right now and could lead to some very nice profit.

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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THE PLAY OF THE DAY STD (Banco Santander)

This one is for the very calm trader and non-cardiac people...

It all relates to 1 thing: will they recapitalize or not and if they do, how will be the dilution if any.

This is not a play for everyone and could lead to major capital losses but if you have some money left over from other gainers of the last weeks, this bet could be very profitable if you make a quick exit early on next week and if you have the nerves to play it right.

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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THE PLAY OF THE DAY AXL (American Axle)

This one is an easy one: about 9$ per share and earnings of over 2$ ???   P/E of 4,42 ???

Well i think this says it all...

As with automakers and companies like DAN (Dana Holdings) they got it on the chin because of Europe and China slowing down BUT it is now totally oversold and i think today will prove the point for AXL.

I would wait a bit after the bell for market to stabilize to open a position on AXL but this is a great opportunity for a nice mid term profit.

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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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.

Get THE PLAY OF THE DAY on Twitter : @investman2

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.

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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.

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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

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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.

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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.

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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.

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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.

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