stockchase picture

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

Expert Index

List by First Name

List by Last Name

Michael Smedley , Chief Portfolio Manager

Morgan Meighan & Associates


Date Signal Chart Symbol Company Opinion Price
2015-08-05 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. He believes we are in a bear market. The majority of stocks are going nowhere, except down a bit. Even the good companies. These are bear market conditions. Pretty much everything is off. We have to get through this particular condition. It’s also the summer doldrums. We are also confronted with the drab prospect of an election campaign in Canada.


Price:
$0.020
Subject:
CANADIAN
Bias:
BEARISH
Owned:
_N/A
2015-08-05 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Canadian Banks. Thinks the banks really are central always to a Canadian portfolio. It is very difficult to make choices. This is the 1st down year for them in 3 years. Thinks they are currently around the bottom, but doesn’t necessarily see them rising strongly. They pay good dividends and provide reasonable safety.


Price:
$0.020
Subject:
CANADIAN
Bias:
BEARISH
Owned:
Yes
2015-08-05 PAST TOP PICK Must be logged in to use chart ALC-T Algoma Central Corp.

(A Top Pick Aug 21/14. Up 11.09%.) This is a great fleet of commercial ships on the Great Lakes. Clearly one of those good stocks in safe waters in the current market. Pays a dividend. A good safe haven.


Price:
$17.550
Subject:
CANADIAN
Bias:
BEARISH
Owned:
Yes
2015-08-05 PAST TOP PICK Must be logged in to use chart BB-T BlackBerry

(A Top Pick Aug 21/14. Down 7.05%.) John Chen is very impressive, and is pretty while achieving what his plan set out to do. He has downgraded the hopeless handheld business. Has done something good in software in the QNX system in cars. His whole security theory and application is still totally superior. Somewhere ahead, there is some good information coming once again.


Price:
$10.020
Subject:
CANADIAN
Bias:
BEARISH
Owned:
Yes
2015-08-05 TOP PICK Must be logged in to use chart BOS-T Airboss of America

A leader in rubber compounds for industry in North America. Have just done a transformational merger with the long-term partner Immediate Response Technology, a US defence Security related company. Dividend yield of 0.97%.


Price:
$24.430
Subject:
CANADIAN
Bias:
BEARISH
Owned:
Yes
2015-08-05 COMMENT Must be logged in to use chart CFW-T Calfrac Well Services Ltd

Average down? You could, but it is not a mainstream oil or gas producer. The patent on that stock price is the same as all the service companies. He doesn’t think there is a sense of failure. There is a pulling back in expenditures in the oil patch and a pulling back in the usage of rigs. This has happened since time immemorial. You have a price advantage. He is just simply holding onto most of these companies, but is not increasing them.


Price:
$5.460
Subject:
CANADIAN
Bias:
BEARISH
Owned:
Unknown
2015-08-05 COMMENT Must be logged in to use chart CPH-T Cipher Pharmeuticals

A very lively bunch of managers who are putting on a very impressive range of productive products in the Pharma area with a pipeline of development situations. This should continue to do very well. The more products it gathers in, the more it averts a single catastrophe.


Price:
$12.570
Subject:
CANADIAN
Bias:
BEARISH
Owned:
Unknown
2015-08-05 HOLD Must be logged in to use chart CXV-X Convalo Health International Corp

This is pursuing a conglomeration of centres for addiction treatment. Quite heavily focused in Texas. They are being treated in kind of luxurious premises. This will probably work. He intends to continue holding his stocks.


Price:
$0.320
Subject:
CANADIAN
Bias:
BEARISH
Owned:
Yes
2015-08-05 TOP PICK Must be logged in to use chart DGC-T Detour Gold

A good contrarian play. The company has gone through its teething problems of start-up and is heading for 500,000 ounce production, which makes it the largest gold mine in Canada, and he thinks it is heading for around 600,000 with extra lands that it can explore. Its costs are going to descend to about $700 all in, from the $1200 they have currently. This is absolutely a take out candidate.


Price:
$12.020
Subject:
CANADIAN
Bias:
BEARISH
Owned:
Yes
2015-08-05 WEAK BUY Must be logged in to use chart ECA-T Encana Corp

This is one of the great companies, and you are getting an amazing price now in some of these stocks, and you will be a fantastic winner some day when we get the recovery. There are all sorts of reasons why the recovery will occur. You could take a chance.


Price:
$8.960
Subject:
CANADIAN
Bias:
BEARISH
Owned:
Unknown
2015-08-05 WAIT Must be logged in to use chart HBM-T Hudbay Minerals Inc.

This is really a very rare category. The closest thing we have got to a large mining company. They are a company which is very busily expanding its interests beyond Manitoba and into Latin America. Have been doing quite well and are buying assets. You are best not buying things before the cycle has started again, and be patient if you can.


Price:
$7.970
Subject:
CANADIAN
Bias:
BEARISH
Owned:
Yes
2015-08-05 COMMENT Must be logged in to use chart HCG-T Home Capital Group

This story is nothing more than what you see. They have to tighten the controls. It has been the Golden stock. They now have the problem of reasserting itself, which is very difficult as the “Golden stock”. It will take time. Even though it is not harming their Book, it will take them time to rebuild. Doesn’t think they are in any deep trouble at all. If you own, you can Sell and take your profits, or you can hold it patiently. You have to keep in mind that this is really the risk end of the market, which the banks don’t touch.


Price:
$32.600
Subject:
CANADIAN
Bias:
BEARISH
Owned:
Yes
2015-08-05 HOLD Must be logged in to use chart KLS-T Kelso Technologies Inc

This is down again with the market. There are special effects with this company with the railcar disaster. Improvements have to be made. However, that is something that this company benefits by because it has products which meet better standards, and it has prototypes under development. He would continue to just Hold and doesn’t see much wrong with it.


Price:
$3.210
Subject:
CANADIAN
Bias:
BEARISH
Owned:
Yes
2015-08-05 WAIT Must be logged in to use chart NHC-T Nobilis Health Corp

He would put this in the category of companies that go out and buy slightly “not business run” clinics or distressed health centres, and get them on the cheap. Doctors and dentists do not have much ability to run businesses. You’ve got to have people that are going to manage these operations and knock them into shape. So far this one is working quite well. He wouldn’t expect too much more to happen unless it manages to buy many more centres, and that will take time to get them into shape and earning proper earnings. Thinks there are other places you can do better. The whole sector has been hit with people taking profits.


Price:
$8.360
Subject:
CANADIAN
Bias:
BEARISH
Owned:
Yes
2015-08-05 PAST TOP PICK Must be logged in to use chart NLN-T Neulion

(A Top Pick Aug 21/14. Down 30.19%.) Yesterday there were stunning declines in the stock when it was announced they had lost the NHL contract. That was 20% of their revenues roughly speaking. There is some rumbling about negotiating still going on and they might still have a connection. They claim that the numbers, on the business they are going to lose, is something like a 7% annual growth patent, whereas in the rest of their businesses they are up about 17%-19%.


Price:
$0.740
Subject:
CANADIAN
Bias:
BEARISH
Owned:
Yes
Showing 1 to 15 of 3,041 entries
First Previous 1 2 3 4 5 Next Last

No Comments.


You must be logged in to comment.