Opinions by Benj Gallander | StockChase
2151
Benj Gallander

President

ON STOCKCHASE SINCE Apr 2002

Contra the Heard Investment Letter

2151
Benj Gallander

President

ON STOCKCHASE SINCE Apr 2002

Contra the Heard Investment Letter


Opinions by Benj Gallander


Signal Opinion Expert Chart
N/A
General Market Comment 

December 8, 2017

Market. For him, this is the best time of year. A lot of people wait until the end of the year to Sell their losers. It’s the simple law of supply and demand that puts more supply out there, therefore the price generally goes down. He gets to take advantage of that. This year there is going to be less tax loss selling because stocks have done well. He isn’t looking to buy a lot of stocks, perhaps 3 to 7.

Market. For him, this is the best time of year. A lot of people wait until the end of the year to Sell their losers. It’s the simple law of supply and demand that puts more supply out there, therefore the price generally goes down. He gets to take advantage of that. This year there is going to be less tax loss selling because stocks have done well. He isn’t looking to buy a lot of stocks, perhaps 3 to 7.

Unknown
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$0.020
Owned Owned
_N/A

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COMMENT
Aurora Cannabis(ACB-T) 

December 8, 2017

The stock is incredibly hot, and the whole field is hot. If you can choose the right company, you can do very, very well. The difficulty is choosing the right company. He only buys companies that have been around for at least 10 years. They just completed a takeover of a large greenhouse company. A lot of people are going to be burned in this area.

The stock is incredibly hot, and the whole field is hot. If you can choose the right company, you can do very, very well. The difficulty is choosing the right company. He only buys companies that have been around for at least 10 years. They just completed a takeover of a large greenhouse company. A lot of people are going to be burned in this area.

0
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$7.090
Owned Owned
No

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PAST TOP PICK
Aegon N.V.(AEG-N) 

December 8, 2017

(A Top Pick Dec 22/16. Up 17%.) A huge Dutch company that is in many, many countries. This could go up quite a bit. He can see it getting back over $20.

Financial Services

(A Top Pick Dec 22/16. Up 17%.) A huge Dutch company that is in many, many countries. This could go up quite a bit. He can see it getting back over $20.

Financial Services
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$6.190
Owned Owned
Yes

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TOP PICK
Aegon N.V.(AEG-N) 

December 8, 2017

This is gathering momentum. It pays a dividend, and dividends are nice to have. Dividend yield of 4.9%. (Analysts’ price target is $5.94.)

Financial Services

This is gathering momentum. It pays a dividend, and dividends are nice to have. Dividend yield of 4.9%. (Analysts’ price target is $5.94.)

Financial Services
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$6.190
Owned Owned
Yes

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COMMENT
AgJunction Inc(AJX-T) 

December 8, 2017

Precision agriculture. Still on his Buy list. It hasn’t worked out at all for him. Agriculture seems to be doing better, but this one has been left on the rails.

Telecommunications

Precision agriculture. Still on his Buy list. It hasn’t worked out at all for him. Agriculture seems to be doing better, but this one has been left on the rails.

Telecommunications
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$0.530
Owned Owned
Yes

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COMMENT
ATS Automation(ATA-T) 

December 8, 2017

Has a Sell target of $21+, but wonders if he has overvalued where it can go. He’s happy to continue holding.

misc industrial products

Has a Sell target of $21+, but wonders if he has overvalued where it can go. He’s happy to continue holding.

misc industrial products
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$15.760
Owned Owned
Yes

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COMMENT
Bank of America(BAC-N) 

December 8, 2017

His initial sell target on this is $38, so thinks it still has quite a way to go. Thinks it will keep going up and their bottom line will keep on improving for the next little while.

banks

His initial sell target on this is $38, so thinks it still has quite a way to go. Thinks it will keep going up and their bottom line will keep on improving for the next little while.

banks
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$29.050
Owned Owned
Yes

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PAST TOP PICK
BlackBerry(BB-T) 

December 8, 2017

(A Top Pick Dec 22/16. Up 37%.) 2018 might end up being a really good year. They’re making money now and have stemmed the revenue decline. John Chen keeps on hitting his targets.

electrical/electronic

(A Top Pick Dec 22/16. Up 37%.) 2018 might end up being a really good year. They’re making money now and have stemmed the revenue decline. John Chen keeps on hitting his targets.

electrical/electronic
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$13.180
Owned Owned
Yes

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COMMENT
Bombardier Inc (B)(BBD.B-T) 

December 8, 2017

He doesn’t think this is out of the woods yet. Canadian taxpayers have put so much money into this company. This has a lot of potential upside, but at the same time there are a lot of dangers with it.

transportation equip & components

He doesn’t think this is out of the woods yet. Canadian taxpayers have put so much money into this company. This has a lot of potential upside, but at the same time there are a lot of dangers with it.

transportation equip & components
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$3.190
Owned Owned
No

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COMMENT

An 8% dividend is about the point where he starts to get nervous about a company. If it is much higher than 8%, often the market is correct. The company has great management and a long history. If real estate gets hit, a lot of companies are going to take it on the chin. Dividend yield of 8.4%.

other services

An 8% dividend is about the point where he starts to get nervous about a company. If it is much higher than 8%, often the market is correct. The company has great management and a long history. If real estate gets hit, a lot of companies are going to take it on the chin. Dividend yield of 8.4%.

other services
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$16.030
Owned Owned
No

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TOP PICK

He likes this a lot. Had paid $3.11 for it, and it went down to around $.30. They recapitalized and now have debt under $1 million. The Wilkes Brothers, billionaires out of Texas, invest in a lot of companies and companies generally do well when they do that. They’ve been buying a lot of shares, which has helped to spike the stock price. Management has done a really good job in turning the company around. (Analysts’ price target is $2.25.)

oil/gas field services

He likes this a lot. Had paid $3.11 for it, and it went down to around $.30. They recapitalized and now have debt under $1 million. The Wilkes Brothers, billionaires out of Texas, invest in a lot of companies and companies generally do well when they do that. They’ve been buying a lot of shares, which has helped to spike the stock price. Management has done a really good job in turning the company around. (Analysts’ price target is $2.25.)

oil/gas field services
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$1.850
Owned Owned
Yes

Must be logged in to use chart
COMMENT

This had an amazing turnaround, but it has come off lately. It’s way too expensive for him. He likes stocks that have come off. This company is a leader in its field.

Financial Services

This had an amazing turnaround, but it has come off lately. It’s way too expensive for him. He likes stocks that have come off. This company is a leader in its field.

Financial Services
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$7.440
Owned Owned
No

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COMMENT
DataMetrex AI Limited(DM-X) 

December 8, 2017

Blockchain technology. There are going to be big winners and big losers in this area. A lot of banks are getting involved. This, in many ways, is the wave of the future. At the same time, there are going to be a lot of companies that will simply disappear. You have to be very careful where you invest. He likes to set Sell targets using historical data, but these companies have no historical data.

Financial Services

Blockchain technology. There are going to be big winners and big losers in this area. A lot of banks are getting involved. This, in many ways, is the wave of the future. At the same time, there are going to be a lot of companies that will simply disappear. You have to be very careful where you invest. He likes to set Sell targets using historical data, but these companies have no historical data.

Financial Services
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$0.260
Owned Owned
No

Must be logged in to use chart
COMMENT
Eldorado Gold(ELD-T) 

December 8, 2017

Gold is not cheap enough to be a contrarian play. There are some gold companies that he likes. With this one, you get into the political scene in Greece. They’ve had all kinds of difficulties, and continue to do so.

precious metals

Gold is not cheap enough to be a contrarian play. There are some gold companies that he likes. With this one, you get into the political scene in Greece. They’ve had all kinds of difficulties, and continue to do so.

precious metals
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$1.490
Owned Owned
No

Must be logged in to use chart
COMMENT
Freshii Inc(FRII-T) 

December 8, 2017

IPO’s are generally fools’ plays. If you buy into an IPO, odds are it is going to be down a year later. It’s great for the people selling. Often the price is inflated as they want to get it out there and make a lot of money. BV is about $1.70. There doesn’t seem to be tremendous value. He wouldn’t rush out to buy this, but it is certainly better value than it was at its IPO.

food services

IPO’s are generally fools’ plays. If you buy into an IPO, odds are it is going to be down a year later. It’s great for the people selling. Often the price is inflated as they want to get it out there and make a lot of money. BV is about $1.70. There doesn’t seem to be tremendous value. He wouldn’t rush out to buy this, but it is certainly better value than it was at its IPO.

food services
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$6.750
Owned Owned
No

Must be logged in to use chart
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