Glentel Inc. (GLN.TO)

(A Top Pick Feb 11/10. Up 27.22%.)

(A Top Pick Feb 11/10. Up 7.55%.)

Retailer of wireless devices (Wireless Wave or T-Booth). Grew earnings from $.60 to $1-$1.30 in 2009 and expects $1.60 for 2009 and $2 in 2010. Buying back shares. $3 a share in cash. Very cheap.

(A Top Pick Sept 10/09. Up 4.19%.)

2-way wireless radios. Wireless Wave is there large retail division and they also sell to Costco. Doing extremely well because of the iPhone, smart phone, Blackberries. Trades at a single digit PE multiple. 2.5% yield. Could be a takeover.

2-way wireless radios. With small companies you have to be careful of their business/business plans as well as market share and whether they are growing or not. Chart shows some bottoming from October to April followed by a gap indicating good news, consolidation and good news again. If it holds about $11 you could see a breaking into the $12-$13 range. Use $10 as a Stop.

Pleasantly surprised at their last earnings. An indirect play on wireless. In the process of acquiring another retail like chain that distributes wireless products which will require a financing.