Viewing Expert James Hodgins | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.

Viewing Expert

James Hodgins , Chief Investment Officer

Curvature Hedge Strategies


Date Signal Chart Symbol Company Opinion Price
2016-03-29 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. This rally, in large measure, is featuring beaten up stocks coming back as well as Short coverings. You can see this both in the equity and the commodity futures markets. This is the fastest shift on record in terms of oil futures from a speculative perspective over the last 6 weeks. As the speculative short position has gone to a long position, both in equities and in commodities, we have seen the worst performing stocks and commodities over the last few years. Over the last 6-7 weeks in this rally, they have been the best performing companies. That is typically not a sign of a bull market. In a bull market, you want the leaders to lead. Another key factor is that companies who have large hedge funds and are most Long have underperformed companies that are most Short by about 70%. It reminds him of the summer and fall of 2007, when there was the quant crash. Thinks we are seeing a shift from a bull market to a bear market. The bigger problem is the debt situation globally. 


Price:
$0.020
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
_N/A
2016-03-29 BUY on WEAKNESS Must be logged in to use chart ATD.A-T Alimentation Couche-Tard (A)

An incredibly well run company. They really are experts at integrating acquisitions. They’ve had big tailwinds over the last 18-24 months, in that as the price of gasoline has fallen steadily, their margins increase and people spend more money on other stuff. Have also cross sold some of their food products. Trading at the high end of its valuation range, but on any pullback this is a core holding.


Price:
$58.560
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
Unknown
2016-03-29 HOLD Must be logged in to use chart AVO-T Avigilon Corp

Still has a small Short on this, but thinks most of the optimistic growth analysts’ projections are out of the stock. There are more realistic projections now.


Price:
$14.570
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
Yes
2016-03-29 COMMENT Must be logged in to use chart BNK-T Bankers Petroleum

Being acquired at $2.20 a share, but the stock price is at around $1.85. The difference is because there is very little visibility into the buyer, and their ability to come up with the cash is still in doubt. Too many moving parts.


Price:
$1.850
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
No
2016-03-29 PAST TOP PICK Must be logged in to use chart CAM-T Canam Group Inc.

(A Top Pick March 25/15. Up 3.75%.) This was a play on market share in that a lot of their business was in the US. He still likes this.


Price:
$12.980
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
Yes
2016-03-29 COMMENT Must be logged in to use chart CGC-T Canopy Growth Corp.

There was a lot of hype around the marijuana stocks during the last election. However, they are pricing in a much higher usage of medical marijuana than actually takes place. Although medical marijuana will grow, the stock is pricing in growth that is unlikely to occur. He is looking at this from the Short side.


Price:
$2.550
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
Unknown
2016-03-29 WATCH Must be logged in to use chart CPH-T Cipher Pharmeuticals

A little bit early. They have built up their sales force pretty significantly over the last 6 months, so costs are higher and margins have come down quite a bit. That will continue over the next 2-3 quarters until the drugs start to gain traction. He would look to Buy once the new drug starts to gain traction.


Price:
$6.100
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
No
2016-03-29 COMMENT Must be logged in to use chart CRJ-T (Dead) Claude Resources

He likes this company. Expects there will be more takeovers of companies that have mines in Canada because the cost in Cdn$ is quite beneficial when you are mining gold and silver for US$.


Price:
$1.370
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
Yes
2016-03-29 DON'T BUY Must be logged in to use chart CXR-T Concordia Healthcare

Took on roughly 7 turns of debt, i.e. 7X their annual EBITDA, to make their most recent acquisition. They are also seeing some problems in the US where they raised the price of their largest drug Donatel to something like 500%. That is likely to come under political pressure. Had been Short this, but it is getting to a level where it is more of a “stay away”.


Price:
$30.100
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
No
2016-03-29 COMMENT Must be logged in to use chart DCI-T DirectCash Payments Inc

Has a class action suit, but you will see that any time a stock has a big decline. He is Short this. Doesn’t think the dividend is sustainable. People are not using ATMs for cash much anymore. The company is taking on a lot of debt. Any time he sees a dividend that is north of 8%, that tells him it is probably not sustainable. Dividend yield of 12%.


Price:
$12.300
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
Yes
2016-03-29 COMMENT Must be logged in to use chart ECO-T EcoSynthetix Inc

Manufactures an environmentally friendly synthetic wood product, i.e., it doesn’t have formaldehyde. There are a lot of companies that are looking to eco-synthetic products to replace older products that have formaldehyde. Trading below its cash. Have about $1.50 per share in cash on their balance sheet. He is still in the process of evaluating this.


Price:
$1.150
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
Yes
2016-03-29 COMMENT Must be logged in to use chart FFH-T Fairfax Financial

Likes this a lot. Has a lot of respect for management. The company has been cashed up to take advantage of the economic problems coming. Thinks it will be one of the safe haven Longs over the next 18-24 months.


Price:
$714.000
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
Yes
2016-03-29 BUY on WEAKNESS Must be logged in to use chart GEI-T Gibson Energy

A little early to get back into the mid-streamers. Expects there will be some volume declines. This is a company he is going to be taking a look at. If he is right and the price of oil falls again, some of the smaller producers are going to have to go bankrupt. He would be a buyer on the next dip. A very well-run company. Once volumes come down to a base level, which he thinks they will in the summer, he expects the company will be a Buy. They won’t have a problem if oil prices go down, just if volumes go down.


Price:
$17.640
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
Unknown
2016-03-29 COMMENT Must be logged in to use chart HLF-T High Liner Foods

He is Short a little on this and Long Clearwater Seafoods (CLR-T) on the other side. They”ve had a couple of poor quarters in that their margins are shrinking and the cost of seafood has gone up as well as having some negative currency impact.


Price:
$14.640
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
Yes
2016-03-29 COMMENT Must be logged in to use chart HOT.UN-T American Hotel Income Properties

He likes this a lot. All of their properties are in the US, and most of them are contracted with rail lines. They provide dark rooms for rail employees to sleep in. A very stable client base and very stable cash flows. Management did a really smart thing. When the Cdn$ fell below $.70, they allowed unit holders to get their dividends in either US or Cdn dollars.


Price:
$10.430
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
Unknown
Showing 1 to 15 of 805 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.