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

2016-08-08

Opinion for Arc Resources Ltd (ARX-T)

Signal Price Bias Subject Owned
COMMENT $23.660 BEARISH on BONDS VALUE STOCKS & HIGH YIELD BONDS No

This is, in a large part, dependent on the commodity price. It used to be an income trust, and has always been a pretty well run company. He doesn’t own the Canadian energy sector, and is not a huge fan of the natural gas side. There is so much gas around, that it is hard to see gas prices rising much from here. No one is making much money at these prices. Costs and environmental costs keep going up.

Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc http://www.steinbergwealth.com

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