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
2016-10-20 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  When volatility enters the market place for equities, it means you have increased dispersion.  Not all stocks are correlated in one direction or the other.  With market neutral investing you are on the right side of the market.  Until the last month it was pretty much a straight ride up except for the Brexit dip.  November 8th is a wild card and the Fed meeting in December is an even larger wild card.  Canadian foreign ownership limits on housing will definitely have an impact.  A housing slump in Canada could come from an increase in rates and a recession on the demand side.  Frankly we need a pullback on the housing market.


Price:
$0.020
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
NEUTRAL
Owned:
_N/A
2016-10-20 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Banks.  The banking system here is more regulated than in the US.  We have the big five.  The risk is that consumer debt levels are at ratios where the US was in ‘05/’06.  There is more risk over the Canadian banks than the US ones.


Price:
$0.020
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
NEUTRAL
Owned:
No
2016-10-20 BUY Must be logged in to use chart ACB-X Aurora Cannabis

His favourite in the space.  They are being permitted to build the largest grow op in the world.  You are going to see some significant growth.  There are lots of catalysts in the space.  These guys have the best growth potential.  They purchased a clinic in Ontario and they intend to be vertically integrated.  They are the first one to do that strategy.


Price:
$2.240
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
NEUTRAL
Owned:
Yes
2016-10-20 BUY Must be logged in to use chart ALA-T Altagas Ltd

They made a large acquisition that he thinks will be accretive in the long term.  It makes their earnings more stable.  As stability of earnings increases, their ability increase dividends on a reliable basis also increases.


Price:
$34.960
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
NEUTRAL
Owned:
Unknown
2016-10-20 DON'T BUY Must be logged in to use chart AVO-T Avigilon Corp

It is getting to the point where he will start covering his short position.  Management has not delivered on what they promised.


Price:
$8.400
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
NEUTRAL
Owned:
No
2016-10-20 DON'T BUY Must be logged in to use chart AYA-T Amaya Gaming Group Inc.

He had been short before these takeover rumours -- long positions before that.  They have taken on a lot of debt.  If growth comes through, then they will have the ability to pay down debt and the stock will be a winner, but he is not convinced there will be growth.  It is a good brand, but online poker is flat to down.


Price:
$18.540
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
NEUTRAL
Owned:
No
2016-10-20 TOP PICK Must be logged in to use chart CSW.A-T Corby Spirit and Wine (A)

The dividend yield is 3%, but they pay special dividends each year.  Last year it made the yield a total of over 6% yield.  They have been growing through their wine business in Canada and just launched Wiser’s in the US.  He thinks their parent may take them out.


Price:
$23.110
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
NEUTRAL
Owned:
Yes
2016-10-20 DON'T BUY Must be logged in to use chart CXR-T Concordia Healthcare

It is a call option on whether the debt holders will start declaring bankruptcy.  The strategy had a lot of merit.  They made a mistake by taking more debt for their UK acquisition when the financing was not fully lined up for it.  Brexit caused the company to decline, but the debt was in US$.  It is crushing the company.


Price:
$5.250
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
NEUTRAL
Owned:
Unknown
2016-10-20 DON'T BUY Must be logged in to use chart DCI-T DirectCash Payments Inc

In the process of being taken over.  He had been short when it was announced.  The ATM business is shrinking in Canada and around the world.  It is an arbitrage situation at this point.  He would not recommend buying more here.  It is not a great business and there are not good chances of another bid here.


Price:
$19.010
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
NEUTRAL
Owned:
No
2016-10-20 TOP PICK Must be logged in to use chart ECO-T EcoSynthetix Inc

They make an organic binding resin without the use of formaldehyde.  A lot of companies are demanding hardwood floors and furniture be made without formaldehyde. 


Price:
$2.400
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
NEUTRAL
Owned:
Yes
2016-10-20 PAST TOP PICK Must be logged in to use chart EQI-T Equity Financial Holdings

(Top Pick May 26/15, Up 5.84%) There was some activist involvement and it went bad and the stock fell to below book value.  Others in the space are between 2-3 times book value.  He has a short position.


Price:
$10.000
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
NEUTRAL
Owned:
Yes
2016-10-20 DON'T BUY Must be logged in to use chart FC-T Firm Capital Mortgage Investment

A mortgage corp.  They invest in mortgages, both commercial and residential.  It is a very well run company that has a nice dividend.  There is a potential for them to be impacted by the new mortgage rules if the housing market slows down. 


Price:
$13.880
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
NEUTRAL
Owned:
Unknown
2016-10-20 BUY Must be logged in to use chart GUD-T Knight Therapeutics

There is $6 in cash so your down side is very limited.  The upside is that they make nicely accretive acquisitions. 


Price:
$8.930
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
NEUTRAL
Owned:
Yes
2016-10-20 PAST TOP PICK Must be logged in to use chart IGG-T Innova Gaming Group

(Top Pick May 26/15, Down 64.64%) You can be right with the fundamentals but if it is in the wrong hands you could be wrong.  Their growth in terms of number of units has been skyrocketing.  The fundamentals are fantastic.  It trades at 2 times cash flow.  He would look at buying more here.


Price:
$1.410
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
NEUTRAL
Owned:
Yes
2016-10-20 BUY Must be logged in to use chart JTR-X Greenspace Brands Inc

They made two recent acquisitions and have good relationships with purchases at L-T and EMP-T.  He thinks their shelf space will continue and grow.


Price:
$1.180
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
NEUTRAL
Owned:
Yes
Showing 1 to 15 of 832 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.