Avigilon Corp (AVO.TO)

Has been a recent buyer of this. He understands that the next quarter is the same or even better. Doesn’t think there is going to be disappointing earnings, and they may surprise on the upside. You’re probably going to see it go back to $30.

The trend over three years is still in effect. Around $19 or $20 you would get a lot of buyers come in. Don’t worry a lot unless it gets below that.

The problem you have with companies when they come to market is that you don’t have a lot of experience, and you don’t know what is going to happen. This one had an unfortunate event in the spring. Doesn’t see enough about this that makes it attractive for his kind of buying.

Came out with a really solid quarter. Company doesn’t make any guidance, but they have come out and said they are looking for solid growth for the next few quarters. CFO recently resigned, citing some personal health reasons. There have been about 6 or 7 defections from upper management in the past 6 months. As an investor, he would find this quite unsettling. A really good company and it probably has more to go here.

Sells hardware/systems for security for small and mid-cap sized companies. Had a really good 3 year run where they didn’t face much competition. Now competition is really heating up. A larger company has dumbed down a more elaborate system into their price range. He is Short this.

Thinks this is a misunderstood story. This is the early, early stage of the video surveillance market. They have less than 2% of the market share. This is a systems player and are trying to be the gorilla in the space. He thinks they are going to be the gorilla. This could be a potential 5 or 6 bagger. It is not a demanding multiple for the kind of growth they can exhibit.

Dipped down pretty low 3 or 4 weeks ago, and is sorry that he didn’t pick it up at that time. Has liked this company, other than its valuation, for some time. If it comes back 5%-7%, he will be a buyer.

Typical of small cap tech stocks. Right now it is doing extremely well. Sales have really been taking off. In the short term, he thinks the company and the stock are going to continue to do well, but this is a part of the market that has seen changes in leadership very volatile. He is cautious because he just doesn’t like the longer-term sustainability of their business.

High definition security cameras. This has been a favourite of a lot of investors and small institutions. It has had a big run as well as a death cross. Chart shows a rally back and a failure to make a new high, so he would be careful. If it drops below $18.73, he would say goodbye.

(A Top Pick Oct 9/13. Up 22.18%.) High definition surveillance cameras. Sold his holdings in March at about $30. Earnings are going to drift off a bit because they are hiring a ton of sales people, and it takes about 6-9 months for a salesperson to be profitable. Still thinks it is a very good opportunity.

Missed this. Generally most IPOs go down after they come on the market. This one actually stayed where it was and then went straight up. Had a big drop recently because a day before they reported, the CFO resigned. (Personal health issues.) This company has a very hard-driving CEO. Expects the stock will recover from this recent drop.

Deep, deep correction. There is no very, very strong reason for the stock to be sold off. There are lots of companies in the space at large, of security devices, cameras, etc. This one claims to be a leader in the muted digitalization from analog types of surveillances. He hasn’t heard anything negative about it.

There is a ton of speculation going on right now. Heard that Alexander Fernandez is an extremely driven person. You can see that by the company he has built. Generated great results for his company. Part of his process is to look at supply/demand in technical analysis and it actually broke down. Recently sold his holdings at about $30, but is looking at this quite closely now because they have been growing at a really rapid rate. He wants to see it repair itself a little bit more, and will probably get in at a higher price, maybe $22.

CFO stepped down just before the earnings came out and the stock dropped on this. Did nothing for a lot of last year. Took a big jump in November and went into a “did nothing” mode again for several months and then had a breakdown again. Around $17 is a support for the stock and looks like it is trying to jump off of that.

Chart shows a rolling top. One thing that is positive is the breakout at around $20. A lot of the indicators have held the $20, which is really positive. Looks like it could have resistance at around $25. Has room to move up to $35. Risk/reward looks pretty good at $20.