Q: Just a comment. I know we don’t predict bottoms but I see this disaster, which I currently don’t own, easily shedding another 20-30% before year end. It may be interesting then.
Q: Cineplex has had a quiet rally following their Q2 earnings. Do you think the rally has run its course or is there some upside left in the short term?
Q: Hi Ryan I own this stock on the us side of my account for us income from a canaidien company pays well
However I can’t understand the the big swings in price on little or news .
Is there a explgangation?
Kind regards
Stan
Q: GC subsidiary received approval to offer table games at casino,Your comments please.Is the recent trading pattern showing basing? Thanks for u usual great services & views
Q: Further comment about press releases sent directly to investors from Covalon CEO Jeffrey Mandel: I own that stock. If memory serves, the stock hit a high of 9.15 on August 6 and then appears (in my naive understanding) to have become the victim of a short attack. Trading was halted and IIROC then asked the CEO what material change(s) -- if any -- might account for the abrupt drop -- which hit a low of 6.26 (nearly 40%). As an investor, I took Mandel's first direct emails (which began at that time) as reassurance to investors not to panic and dump the stock. COV has recovered somewhat since then, but I'm assuming that Mandel might be sensitive to the potential of another assault against his company (e.g., SHOP) and may want to inform investors directly of positive progress being made -- which include the last couple of messages that just arrived in my inbox.
Q: Do you have any updates on Maxar? I heard someone mention accounting irregularities on BNN (perhaps the person is shorting the stock?). The stock price doesn't seem to want to stop going down. However, with my luck, once I sell MAXR the stock price will jump higher.
Q: Since buying COV, I've started receiving regular emails such as these 2 yesterday:
"Covalon Announces Another Milestone Quarterly Profit on Excellent Third Quarter Financial Results"
"Covalon's excellent earnings listed on Globe and Mail small cap movers list"
I have never received these types of emails on this regular of a basis from other companies that I own. Should I be concerned about the promotional nature here?
Q: Just a comment to add to your comments about NFI in a previous question.
While the 40 electric busses ordered by Montreal & Laval may not be significant as compared to the 4,000 they have sold in the last 12 months,
the more important thing is breaking into the Quebec market (probably the
2nd largest market in Canada next to Toronto/Ontario). Lets face it Quebec is notorious for paying whatever price to support Quebec companies. Should these buses perform well it could be very beneficial to NFI.
Q: Covalon has spent just over $700K on R&D for the six months recently reported according to my reading of the financials. This is a small number for a company looking to grow significantly. How can they develop new products with such a low ongoing investment? How do you see this?