ViXS Systems Inc (VXS.TO)

Under $1.50, there is very good upside. They report fairly soon. He is optimistic about their systems on a chip. He would hold or buy on weakness, but it is a risky stock.

Was disappointed since the IPO. He still really likes the company and is adding a little down here. Thinks the current quarter could be a little soft like the last. But the next product cycle will happen faster than anticipated. He would be averaging down.

A leader in semiconductors for the video industry. They basically develop systems on a chip that you’ll find in set-top boxes, smart TVs and wireless devices to process next generation video, multimedia content to decode and transcode onto other platforms. The fight is between them and Broadcom (BRCM-Q) and a few others. This is the only one that has developed next generation chip for the ultra high definition televisions that will be coming out in the next few years. Sees huge upside over the next few years. His target is for the stock to double or triple over the next few years.