Stockchase Opinions

Don LatoSino-Forest CorpTRE.TODON'T BUYAug 15, 2011

Doesn't know this one in depth but is aware of the scandals. In this environment there are enough risks that you should stay away from the speculative stocks.
$6.09

Stock price when the opinion was issued

east coast forestry
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

COMMENT

Sino-Forest Corp.: Would not bank on seeing money from the investment. There is a lot of debt sitting on top of you. You might get pennies on the dollar.

COMMENT
Sold his positions at about $4.50. Trading has just been suspended by the OSC because of a lack of transparency. Have a lot of cash on the books but also a significant amount of debt.
DON'T BUY
This is literally a minefield. On an announcement, it can go down or up 20%. There is no form of technical analysis that can be applied to it. There is a tremendous amount of volume at the bottom with some recovery. This is really a gamble.
COMMENT
Very hard to know the fundamentals. He would use an options travel on this one because it will be completely volatile.
DON'T BUY
This is currently just a gamble and not investing. They never had a long track record of dividends. Business model was not easy to understand.
DON'T BUY
He was short this as the disclosure issues really bothered him, and they still do. Stay away.
COMMENT
An impossible call. You’ve had a changing of hands of the holders. Sensitivity to muddy waters. There have been lots of accidents with China stocks. Hasn’t a clue where it is going.
COMMENT
Got out of this when they were misstating their acreage a decade ago. He questions if they are misstating something small, there could be other larger things as will. If you are in this, be very nimble.
DON'T BUY
Feels there is a bit of a short squeeze going on. A lot of companies that own the stock were not allowing it to be borrowed for shorting. There are 2 Boston based hedge funds that are each in for 10% of the shares. Right now it is a black hole. You just don't know. You are really throwing the dice and taking a risk.
DON'T BUY
Still a lot of anxiety about this company as to whether they have misstated their earnings or assets. A couple of analysts have dropped coverage on this one. Market hates uncertainty. Still have $1.2 billion in cash. Probably best to stay away from this story.
COMMENT
For years, the auditors have been saying the balance sheet is fine. If there is any validity to their balanced sheet and their current cash position, the upside could be quite exciting. Will be a gamble whichever way you go.
COMMENT
Has never held it. Problem is now that he doesn’t know day to day if they have all that timberland. Do they own it or rent it. It is like going to the casino. He would do a put and a call either side. It wont be at this price a month from now. It could go either way.
DON'T BUY
This one depends on whether you are an investor or a trader. In the short term, you can pick up a few bucks, especially now that it's below $5. He wouldn't touch this one. Doesn't think the story is over.
DON'T BUY
The stock is a gamble for anyone trading in that at this time. There are many unknowns that will not be known for some time.