Grande West Transportation Group (BUS.V)

It had a huge ramp up a few years ago based on new orders. Now the need for new orders makes this a relatively high risk investment. It is at attractive valuation now.

Doing fairly well. Finding bottom of $1.36. Tough sell to get back to $2.70 range. Risky stock. Be very careful. Small positions only.

Was a past pick. Stock has sold off 52% in the past year, but their growth area is in the U.S. where they just got approval from Georgia. (Analysts' price target: $2.50)

It's on a negative trend and out of seasonality. It's like catching a falling knife now. Seasonality is in October, so let it bottom out and show some strength till then.

He does not know much about the company, but sees the ride down in price since 2017 appears to be finding some support now. He would need to see a move above $1.80 to be really bullish and it needs to hold support near $1 to stay with it.

He wants to see volume pick up. $1.55 looks like a safe level, but doubts it'll turn up anytime soon.

Would you be a buyer? When would you take a position? It has really good support, with a lot of buyers. Things are lining up to have a good trade. Resistance around $2.25. Space between price action and current price gives it room to run, especially given the dynamic action in the student transportation sector. If it breaks below $1.25, then there’s something wrong with the thesis. (Analysts’ price target is $2.50.)

They developed a medium sized transit bus that is fuel efficient and last longer. It has been selling like hot cakes. If you go to the State of Georgia web site you will find BUS-X have been approved to sell busses to them. The stock was hammered recently because the stock was overvalued and then busses were delayed. He thinks you will see a lot of municipalities right size their fleets. (Analysts’ target: $2.50).

Big run today in stock because got qualified in the state of Georgia. Interesting manufacturer of small buses. Have had some success breaking in Canadian markets. Needs some big fundamental improvements to move stock forward.

He is under water on this stock. They missed a couple of earnings, but the recent report was better. They are providing guidance that they will produce 240 buses this year. This should help improve margins. It does not look cheap due to the recent earnings, but it is a hold for long term investors.

They have a great product. Their orders tend to be lumpy. The US is probably going to ramp up later this year or next and then orders will get bigger. They had some production issues but they have figured all that out before going into the US. Management has large holdings. (Analysts’ target: $2.50).

(A Top Pick Jun 22/17, Down 51%) They haven't executed as well as the street would have liked. He thinks it is fairly cheap right now. They have not had the deliveries that people expected and most people expected they would have more US sales by now.

This company is in transition. They won a bunch of contracts to make buses, which caused a surge in their price. The big ramp up has now ended and there have not been any new major contracts for quite some time. He likes the company and at the lower valuation it looks enticing, but there is risk. A speculative buy.

A past pick and has dropped since then after a bad quarter. It's in the penalty box for a few more quarters. They need to show a good quarter good. That said, the potential market is still massive for them. They continue to grow in Canada and are starting to sell in America.

He recommended this as a buy about nine months ago. Recent earnings have been disappointing however. He believes they have a bright future, but are still in the show me phase. He thinks they may have overpromised and under-delivered on how cheaply they could produce their bus fleet. He would not rush in to buy this and would suggest waiting to see how management improves operations.