The Play Of the Day FB (Facebook)

Ok ok ok. I am a contrarian and i think FB is ready to go higher.

Why???

Everybody is trying to put a bottom price on FB and looking at indicators we may well have reach it.

Indicators are pointing now to an oversold condition and last trading day was not really nice when it gap down from 18,70 to close at 18,06 and to me it did look like some capitulation.

Volume was high especially at last minute where almost 2M shares were traded to bring down price.

So what is to be expected?

Some kind of short term rally where price should move over the 19$ and this, rapidly.

The problem is that Facebook is not providing enough details on how they will start monetizing mobile customers and until such a time, they will have problems getting back to their IPO price.

Will they ? Yes they will but the road will be bumpy unless they can show investors interesting results and a good plan for future earnings growth.

I feel that at this price the loss potential if far less than the upside potential and even if i would not get all in on this play, it may well be a good time to start accumulating and taking some profit off the table whenever the occasion arise.

This is a social media play and should be played in consequence. A bit at the time and most buying done on the dip and especially NOT CHASING the share price. If it goes up rapidly: great you made some profit then sell some. Again DO NOT CHASE this one as it could be the ideal way to lose money.

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 Bernanke Speach

No matter which company you own, want to own or sell, this morning speach will have a ripple effect on the stock market.

Looking at actual futures there is no way we will not feel the consequences of the speach and what it could reveal.

Also important that dollar index is showing a declining US dollar toward Canadian $ by almost half a cent and this is large by all means.

No matter what happen at it's 10am speach, you will be able to monitor in direct the impact of it by looking at actual Dow and S&P charts. Minutes by minutes the impact of whatever he will say will be reflected in terms of gains or losses on those indexs.

But what really matter is the kind of moves we will be able to do during this day and if a little bit of luck is added to the speach, well it will be fantastic for the usual stocks that i follow as they are more often highly volatile.

Whoever has some powder on the side ready to invest will have a great day if the fingers are as fast as Lucky Luke was shooting.

So my list of suspects for today is:

BZH  (Another nice run and ready to get back to 3,37)    

HOV (Huge run this year and ready to shoot higher or get hammered if bad news on the horizon)

RSH (Whatever good news customers can get to spend more (or less) will affect RSH highly) 

FBP( getting back on track to achieve the lowest side of my trading range)

Have a fantastic trading day and a nice long week-end

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: RSH RAD FBP HOV BZH

Today i am simply watching for buying signs on the above stocks at these entry point:

RHS            2,45

RAD            1,21

FBP             3,65

HOV            2,64

BZH             2,89

Any move under these prices will signal me to accumulate some more.¸But be careful as Bernanke speech could change the game completely.

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

Investor trust

In the past when you were interested in buying some company stocks you had to call your broker (the one you trusted the most) and have your order goes through him over the phone.

Now, retail investors are facing many many more challenges.

We are actually getting access at the speed of light to news that are happening almost in real time. We are faced with high speed transaction and many sites where you can get information or dis-information.

So how can a retail investor trust the market?

The market by itself has not changed a lot: the companies that are making the most profit OR the one that can generate that profit will be rewarded with an increase in share price and the one lagging behind will get hammered. And with the internet or social media ones, profit is no longer a requirement during the first years but users is the new norm.

Nothing has changed. Well, almost nothing BUT

Rapidly growing is a bunch of individual currently named the pumpers and the bashers.

Those 2 categories are using bull board and social media to either destroy (or try to) a company and sending its shares to very low price or the opposite by trying to give attributes to a company that does not deserve it and propping the share value to some high levels.

I have even seen co-ordinates attack on companies with only 1 goal in mind: either profit by ‘dumping’ stock or profit by buying cheaply price stocks.

You can also get emails stating black on white which companies they will target and very often these are penny or sub pennies stocks.

The problem is that in both case the retail investor does get penalized and ripped of it's own money by either selling at a panic price or buying at an inflated price.

To complicate the problem, sometimes these people are associated with a broker or work in group to profit from those bad trades: by sending share prices very low, they can buy in at these levels and make a nice profit on the way back up OR by inflating prices, they can sell (dump) their shares at the high level and let the retail investor suffer the loss when share price goes back down.

There is multiple organisations that supervise or control such conduct and they are keeping their eyes open with their mandate to investigate any complaint they receive.

There is still some hope for the retail investor and it is called: due diligence.

ANYBODY that want to buy shares of ANY company MUST do some research by himself to confirm the value in the company he wants to acquire. DO NOT LISTEN to anybody giving you advices to buy or either sell. Buying AND selling is a personal decision and by relying on those individual to commit some of your money in a company recommended by them is almost suicidal.

Those bull boards are for entertainment only and can give you hints on how the company is performing. Many posters on those bull boards will have valid arguments as to why they think the company is performing or not BUT a lot of them will not.

These guys are easy to identify: no arguments either way. Only comments like 'This company will be a 5 bagger' or 'Game over for this company' and much much much ALWAYS without giving the reasons behind their advice.

Why would someone post on those bull boards (bashing or pumping) if they have no financial reasons to be there??? That does not make any sense.

They will try to tell you that they know the market; they want to save you money (or make sure you will make tons of money) and they all look like a scam.

Imagine that you would place an ad in the local newspaper stating’ How to make 1M$ by investing only in 1 company’ would you do that?

Would you sell your house on a so called friend that was telling you that the street where you bought your the house will be valued at 0 without any further explanation?

So why would you listen to those without arguments?

And what do you do if they are arguing about things and always finding the negative side of any good news or the best side of any bad news?

RESEARCH ON YOUR OWN.

Don’t try to be an expert on all companies you will be investing into but at least, go into reliable data sources, do some reading and when comfortable with it, hit the buy or sell button.

NOW: if you ever encounter what looks like a group of individual working together to bash or pump a stock and if you feel something is going on: FILE A COMPLAINT to the appropriate organization. Don’t accept these games and report them.

There are many scams over the internet and some of these posting groups can be linked to that.

Over the years, I have reported many of them and will do it again when I think it is needed.

Do not let those groups waste your time and your money. Investing in the stock market is STILL by far the best way to get some reasonable return on your money BUT you have to be careful. A lot more than before.

 

The Play of the Day TO:CHR.B (Chorus Aviation)

In the airline industry, sometime small is beautiful...

Chorus aviation (operating under Jazz) and affiliated with Air Canada is a small but very profitable regional airliner.

This is an undervalued company with a PE of only 5 and when you compare to others in the same industry, it could 'fly' a lot higher.

An when you include a 15 cents dividend (16% annually) it become an easy one to pick...

It has had a good run recently and a small pull back is possible. Originally i was trading it between 2,80$ and 3,30$ but the recents quarter results have made me change the range in which i will be trading it.

I will be in under 3,50$ and out over 3,80 for a close to 9% profit on each trade and at the same time capturing some time a very juicy dividend.

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 QTM (Quantum Corp)

Cloud services and safe backup is the coming reality. Anybody that is trying to do backup on other secure media has faced the same problem: how do i get it back when needed? Do you do your backups on dvd's and are limited to a 4,7G storage?

Ever had a computer crash where you very important data had to be recovered?

If so, you know that it is absolutely a today's necessity to have a protected copy 'somewhere' that you can access rapidly.

This is what Quantum is offering and with their new technology, at a very low cost affordable to anybody.

Yes their shares have been hammered and they have trended lower for a good period of time but i suspect that with this new product, it is time for a trend reversal with an expected price target of 1,99$ before year end.

So i will start accumulating at this level slowly and gradually hoping for some dips along the road.

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.

Get THE PLAY OF THE DAY on Twitter : @investman2

The Play of the Day RSH (Radio Shack)

Radio Shack has been in a very narrow trading range recently and the question is:

How bad can it goes???

It would be very difficult to understand that a company like that would have another very bad quarter after the last 2. That would mean that management is unable to fix the problem and return to the good old times profitability speaking.

The whole sector has been in a very difficult position for the last 12 months but we have to remember that this is a pure US play (including some stores in Puerto Rico) and their problems is to fix the competition problem.

Margins are lower, cell phones profitability is gone so they are left competing against all other electronic retailers including internet based discount sellers.

Radio Shack has established themselve as being the 'convenience store' in electronics and customer service was their best card toward the other players. Have they lost it?

I do not believe so and i also think that they have in their share price a good pourcentage removed due to investors being excessively nervous about retail in general.

When you look at some fundamentals their share price to book value is simply incredibly low: 0,35. This means that actual book value is about 7,60$ and that expectations from the market is another 50% cut in their overall value. I don't buy that.

We should also remember that at this price Radio Shack could be a target for a take over.

So at this level, i am in and will add to my existing position. My expected target price before year-end is 6$.

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 extreme caution.

Get THE PLAY OF THE DAY on Twitter : @investman2

The Play of The Day HOV (Hovnanian Entreprises)

As i have already mentionned this week the construction sector is one of the most interesting sector for a mid term investment and this is really a great time to buy on the dip.

HOV was one of the worst hammered stock since 3 years and many were under the impression that this company would not be able to survive the US crisis.

HOV is a new position to me and i will get in this morning if it dips a bit as i would prefer the 2,50$ range to get in (i detest paying too much for any given stock...)

For those who would like to buy many construction companies but lacking a bit of funds, i would suggest ITB the Dow Jones Construction sector ETF and again i would wait a bit this morning to let the market stabilize as i think we could have a lower open.

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: Construction section !

Well, with results this morning from Toll Brothers, it would be very difficult not to look at the construction sector where many players could generate a lot of profit especially for the long stock market players.

TOL (Toll Brothers results were impressive to say the least and that trend should easily reflect on the others:

BZH   (Beazer Homes)

KBH (Kb Homes)

HOV (Hovnanian)

With results like this TOL has now started a trend for the next couple of weeks and ALL of the sector companies will benefit.

If you go with TOL i would wait a bit this morning as there could be some profit taking and shares could dip from the pre-opening price.

But if you are long, it is the right time to open a small position and one of my preferred one is BZH as it has been the underdog for almost a year now and it has huge upside potential.

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 MPEL (Melcro Crown)

Saying that MPEL has been suffering recently would be an understatement...

From a high of 16$ to it's recent low of 9.37$ investors in this one have seen all the spectrum of emotions.

But the recent report showing potential increases of 7% and more from Macau revenues could change the share price direction rapidly. We should not forget also that MPEL is generating profit.

MPEL P/E is lower by far when compared to it's peer by a large margin and this gap should close very rapidly. (MPEL  15, LVS  25, WYN  20)

I will be in again at around 11,75-12.00$ and maybe wait a little bit for some pull back from the recent increase (profit taking for many) to add to my position.

If all data coming till the end of the year are as expected, i think we could see 16$ back again.

We must stay prudent here due to the European situation as if we were to get negative reports again it could affect MPEL (and all other casinos play in the Macau area) for some time.

This is why i would buy MPEL but slowly and gradually by profiting of any dips that could come across. Be careful about chasing the price. Better to make a small profit on a small number of shares than trying to buy on the way up and finally end up in the red.

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)

Vacations are now over.

UUU has been hammered lately as there is no way this stock whould be trading under 3$ based on fundamentals or value.

Incertainty in markets surely did not help but there was very low volume in the last 3 months until last week where it seem to have pick up  a lot.

This is a great stock for accumulation at this price toward an objective price of around 3,25$ before year end for another very nice profit.

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. Always play with caution.

 Get THE PLAY OF THE DAY on Twitter : @investman2

The Play of the Day RAD (Rite Aid)

A drug store chain with over 4600 stores at that price? Why?

Well, simply stating it: no profitability and lower guidances.

Have they bottomed? I think yes even if last week they dip down to about 1,05 (i supect it could have been part of the trading glitch because volume was huge at the opening then stopped at about 10:00 (like many other one)

So they are in trouble and outlook is not that great but i still think it could raise to 1,25$ to 1,35$ in a rapid way when actual resistance goes away.

At actual level, i will open a small position and add on the the next dip with a exit target price between 1,25$ and 1,35$.

This is actually mostly a trade play and not an accumulation type of play. It may become but not yet. My position will be also a bit smaller than usual as i am still awaiting a good dip to buy in large qty. This week in the markets has been really good so i am expecting a bit of giving back...

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 (GPL) Great Panther Silver USA

How about a great play on silver???

If have chosen GPL instead of GPR (the canadian issuer) for a reason: usa/can exchange rate, as i expect the US dollar to be a bit stronger over the next couple of weeks and trading ''at par'' is another good profit opportunity here.

Let's get back to GPL. If you look at the chart it has been relatively stable over the last couple of weeks and i suspect it is ready to jump higher any day now.

Especially this morning where market seems to open lower, it could be a great entry point under 1,65$. There is no need to rush in as i think silver price will still continue to climb but at a slower speed and GPL is more an accumulation play than a trade play.

But in any ways with the financials coming soon it could also help a bit the stock climb further.

So when you combine with silver going higher, good financials (imo) and US showing strenght, this is a perfect combination for a 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.

Get THE PLAY OF THE DAY on Twitter : @investman2

The Play of the Day: UUU.TO (Uranium One)

UUU is one of the largest uranium producer in the world and is now into oversold territory.

At 2,18$, i expect a major rebound within the next week or so. The 52 week low being at 1,85$ and major support at 2,10$ the possible downside is very low on this one.

They will be reporting results on august 14th and i think that it will be good. Not great results but better than last year with an increase in production.

Their production guidance have been re-affirmed in May and with many hundred of new reactors being at some phase of building, the demand will not go away for Uranium BUT the supply will diminished in the coming year. Many states will try to put their hands on Uranium and will have prices settle well over 60$ in the near term (it trades actually around 49,50$). This will increase sharply the gross profit of the actual producers and even if news guys come on the block, the time needed to build infrastructure will not be a factor to lower price.

So at actual level, i am in and will continue to add on dips.


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 DOUBLE PLAY: BZH & FBP

What ??? Again ???

Well BZH has just hit what i will now consider the buying price for a quick play.

BZH has not stayed at that price very often and not that long when conditions were good are they are actually.

With all that is happening right now on the positive side, i expect BZH to make a 7-10% move (to the upside) very rapidly as many are now expecting more actions from the Fed and if that was to happen i would probably think more of a 10-15% increase very rapidly.

BZH is one of my favorite as a quick play as it is almost explosive when it starts to march upward exactly as FBP did last week (if you bought FBP AT 3,39$ or close to , you would have been able to sell over 3,85$ last friday for a 15%+ return in 1 week)

I would not go all in as i am still checking out on FBP. It is back to the 3,66$ area and if it dips below that, i will start getting back in.

So today is almost a double play day...

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 LVS (Las Vegas Sands)

Oh boy, what a drop in the recent weeks: from 55$ to 36$: close to 40%.

Did the fundamentals changed that much? Yes and no. The earnings per share did actually dropped and P/E is now over 21 times earning.

Year over year gross revenues were 10% higher but this is the net profit that drop enough to get the stock slammed.

Could it be that expectations were a bit too high? I think so.

Could it turn around? YES

So even if it is not the one stock for a trading play, it is a good time to start accumulating. I do not know if it will skyrocket from this point. It could even go a bit lower on the next dip but this is a stock definitely worth a lot more than it's actual price.

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 ABFS (Arkansas Best Corporation)

If you believe the economy is struggling but will emerge stronger and stronger, transportation of goods is a must. If you believe the opposite, then at this time stay in cash.

For all the goods that need to be manufactured, raw products and finished goods MUST be transported to the manufacturer then moved to a selling point.

North America is still a bit fragile but transport is one of the most needed sector after banks and manufacturing.

ABFS is one that seems highly overvalued as of today and this is limiting the upside potential on the very short term. But when profit start coming in at a faster pace, this could be a winner.

At actual level it is a good time to start accumulating a bit a the time and most especially on the dips.

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 UWN (Nevada Gold and Casinos)

On Friday before market opens, UWN will report the 2012 year revenues and i expect a good quarter.

Net profit has been hit this year with acquisition charges and write offs but Q4 should not reveal any more of those and even if it has already affected the profitability for the year profitability in the last quarter should be on the rise.

This will be a full quarter reporting revenues for the newly acquired slot machine route from Trucano and will definitely impact earnings in a positive way.

If net revenues were to surpass the 15M$ the net influence on the bottom line would definitely make a huge difference between a loss and a profit for the quarter.

The shares have been on a down trend since UWN acquired the Deadwood route of 900 slot machines as if the market did not believed there would be a significant impact on earnings.

There is also the market slump and the idea that overall USA sentiment is down and that customers are spending less on leisure.

I agree that the overall customers sentiment is bad but i think that it has improved since the last 6 months and even if i do not expect a large surprise in the results UWN will unveil on Friday, i think it could be a good performance quarter overall.

At the actual level (between 1,05 to 1,15$) UWN is highly undervalued and greatly oversold. Having a so small float of 15M shares only, it would only need a bit of momentum to turn around the shareprice. You can also use the stop losses in case of reversal BUT BE VERY CAREFUL HERE. The bidding on UWN is generally low so any stop loss sell triggered would be at market price and it could turn ugly for any sell order greater than 500 shares.

The possible downside of these shares is close to nil unless UWN was to report a very, but i mean , a very bad quarter.

UWN has no acquisitions in sight (no public info to this subject) and it must have been concentratring on profitability.

For the above reasons, UWN is my pick for today as it is time NOW to start accumulating for a good trend reversal toward the 2$ mark (i had expected last year a 4$ mark but that was before share issuance)

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)

Looking for a play at today's low level and that is NOT Europe?

Beazer Homes has just refinanced it's debt and issued stock to finance some more land acquisition.

The stock price paid for it deerly BUT i think that 30% drop is too much and it is now way oversold.

Whenever BZH is near 2,50$ i jump in and accumulate some more and i do take some profit near 3$

Construction and banks lending are the most critical to any economic recovery and if you believe it will happen (or that is is already happening) well it is time to get in...

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 (First Bancorp)

Markets seems to be pointing to a down open this morning and whenever this happen, i go back to one of my favorite 1 or 2 days play that most of the time gives back some very nice return in the range of 4-8%.

FBP was trading near 5$ when the US government started to unload theirs shares from TARP (they had about 100M of them) at market price lowering the share price to under 4$.

The trading range normally is between 3,60 and 3,90$ but this morning it could be going down a lot more.

I will keep an eye on it and i will be in whenever it crosses the 3,45$ or lower and i will be VERY PATIENT as it can drop suddently and rapidly but even at 3,45$ this is a good one to accumulate.

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 BMO (Bank of Montreal)

How about a great canadian bank, well capitalized and with steady profit day in and day out?

How about a close to 5% dividend???

Not more to mention. This is Bank of Montreal.

This is all is needed to know but this is not a trading play but an accumulation play whenever you want to increase your dividend cheques every quarter.

At 70 cent per share that is the best between all Canadian banks.

Under 60$ is a great way to add value to your portfolio.

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 THE PLAY OF THE DAY on Twitter : @investman2

ALERT ALZM (otcbb)

This one is flying today after announcing that they will acquire a new product in the medical arena.

Here is the link:

http://www.marketwatch.com/story/allezoe-medical-holdings-alzm-announces-acquisition-agreement-2012-07-19-101733658

It will be very interesting to see where that will lead this one between today and tomorrow but you can play for some pocket change.

Expect HIGH volatility and high risk but when you can play 100K sahres for under 1K$ and if you have what's needed to do that, it could be very lucrative.

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 FITB (Fifth Third Bancorp)

This is banks week.

Another very good and stable bank. To the opposite of the trading banks (JPM , MS) the regular banks seem to be on a very positive upward movement.

Over the last 2-3 years they have streamlined their expenses and credit quality has improved leading to better profitability. FITB has also raised his dividend 3 times: 1 cent, 6 cents then 8 cents being another good sign of improving situation.

So this morning FITB showed a 13% profit increase even if revenues felt short. The way to improve revenue is more loan toward business and customers WITHOUT taking chances as banks were taking early 2006-2007 and i am pretty confident they are on the right track.

So unless things turn for the worst, i see no problem for FITB to achieve a price target of 17$ this year.

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 THE PLAY OF THE DAY on Twitter : @investman2

The Play of the Day BAC (Bank of America)

This is bank week...

Well can we say more than these numbers: a 10B$ swing between last year results and this year for the same quarter. Simply great.

Sure last year they had to use a larger than expected provision for bad loans and this year is the opposite as these provisions were lower.

What about an 80% in mortgage refinancing and better quality credit.

So that means that they have a 2,6B$ ready to hit markets in loans and financing in a streamlined new BAC organization with savings of 8B$ a year.

Ok, that's enough for me. I will be in again an add more under 8$. My price target for the next 6 months is a share price hovering near 10$ for a good 25% return. Be carefull as price could drop a bit this morning as market seems to be a bit weak.

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 THE PLAY OF THE DAY on Twitter : @investman2

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.

Get THE PLAY OF THE DAY on Twitter : @investman2

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.

Get THE PLAY OF THE DAY on Twitter : @investman2

   

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.

Get THE PLAY OF THE DAY on Twitter : @investman2

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$

Get the ‘On the Radar after 30’ on Twitter : @investman2

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$

Get the ‘On the Radar after 30’ on Twitter : @investman2

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.

Get THE PLAY OF THE DAY on Twitter : @investman2
  

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.

Get THE PLAY OF THE DAY on Twitter : @investman2

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.

Get THE PLAY OF THE DAY on Twitter: @investman2

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.

 Get THE PLAY OF THE DAY on Twitter : @investman2

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.

Get THE PLAY OF THE DAY on Twitter : @investman2
  

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.

Get THE PLAY OF THE DAY on Twitter : @investman2

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.

Get THE PLAY OF THE DAY on Twitter : @investman2

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.

Get THE PLAY OF THE DAY on Twitter : @investman2

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.

Get THE PLAY OF THE DAY on Twitter : @investman2
 

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!

Get the PLAY OF THE DAY on Twitter: @investman2