Bruce Campbell (2)
Member since: Oct '13
President & Portfolio Manager at
Stone Castle Investment Management Inc.
Stone Castle Investment Management Inc.
1284 Opinions
Latest Top Picks
(A Top Pick Jul 25/18, Down 49%) You have to have a sell-side discipline, and sold out before making devastating losses.
(A Top Pick Jul 25/18, Down 7%) Still owns and likes it. They've been ramping up their facilities in Las Vegas. It's been taken longer than expected, but the are starting harvesting. New extraction and new facility should help the stock rise nicely.
(A Top Pick Jul 25/18, Down 68%) Must be cognizant of where the sector and the business is in their cycle. They've done good things in Canada, but have stumbled in the U.S.. Probably 16-18 months until they ramp up revenues in the states. The American private side, which is much larger than the Canadian public part, it could rise well. Depends on the investment horizon.
A vertically integrated cannabis company in California where 90% of the market is black market. This market should be brought in in the near future. Strong bank sheet. The valuation is very reasonable and they are generating revenue. Trading at about 2x, whereas its peers are at 12x.
Operations in Papua New Guinea where they continue to have exploration success. They could have great success and be taken out by a major player.
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COMMENT
COMMENT
August 9, 2019
It's been a volatile day with the price falling in the morning following auditors withdrawing endorsement of its 2018 statement. The stock rallied near closing. A surprise that the stock rose so much at the end of the day. Somebody thinks they know something.
It's been a volatile day with the price falling in the morning following auditors withdrawing endorsement of its 2018 statement. The stock rallied near closing. A surprise that the stock rose so much at the end of the day. Somebody thinks they know something.
Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
$4.210
_N/A
COMMENT
COMMENT
August 9, 2019
Key sectors are starting to see a bottom, such as energy and pot stocks. Starting to see consolidation as well as companies that have failed. It's becoming difficult to compete.
Key sectors are starting to see a bottom, such as energy and pot stocks. Starting to see consolidation as well as companies that have failed. It's becoming difficult to compete.
Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
COMMENT
COMMENT
August 9, 2019
Marijuana. Will start seeing more mergers and acquisitions starting in 2020. There are some hold backs by the state but he expects large multi-state and national operators to emerge.
Marijuana. Will start seeing more mergers and acquisitions starting in 2020. There are some hold backs by the state but he expects large multi-state and national operators to emerge.
Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
COMMENT
COMMENT
August 9, 2019
A recession is probably off the table for the rest of 2019, but who knows in 2020? The global economy is slowing. especially by the tariffs. However, he's still seeing improving economic and market technical indicators.
A recession is probably off the table for the rest of 2019, but who knows in 2020? The global economy is slowing. especially by the tariffs. However, he's still seeing improving economic and market technical indicators.
Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
BUY
BUY
August 9, 2019
They've recently announced they had a cyber attack and lost $9 million but they should get most of it back. They'll be then able to go do more mergers and acquisitions after, which should be in September. The valuation is very attractive, and it should bounce up when they make the press release that they have recovered their funds.
They've recently announced they had a cyber attack and lost $9 million but they should get most of it back. They'll be then able to go do more mergers and acquisitions after, which should be in September. The valuation is very attractive, and it should bounce up when they make the press release that they have recovered their funds.
biotechnology/pharmaceutical
Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
$0.790
Yes
COMMENT
COMMENT
August 9, 2019
Looking at the craft brewing market, it's very niche and we've seen big companies acquire smaller craft breweries. He expects the same thing happening for cannabis infused drinks. There's a strong seasonality to the stock, but it has stayed strong. Cannabis infused beverages could have big upsides for them.
Looking at the craft brewing market, it's very niche and we've seen big companies acquire smaller craft breweries. He expects the same thing happening for cannabis infused drinks. There's a strong seasonality to the stock, but it has stayed strong. Cannabis infused beverages could have big upsides for them.
breweries/beverages
Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
$3.150
Unknown
COMMENT
COMMENT
August 9, 2019
In a a sector, cannabis extraction, that should do very well in the future. One concern is that the price of extraction may push producers to bring the process in-house. If they continue to have specialty, then they should continue to be in demand. Would look for another company with positive cash flow.
In a a sector, cannabis extraction, that should do very well in the future. One concern is that the price of extraction may push producers to bring the process in-house. If they continue to have specialty, then they should continue to be in demand. Would look for another company with positive cash flow.
WATCH
WATCH
August 9, 2019
Will be a similar story to Shopify. Will have big swings around earnings and if there is a missing. Would wait for a pullback. One of the top performing stocks in the market this year. (Analysts’ price target is $49.43)
Will be a similar story to Shopify. Will have big swings around earnings and if there is a missing. Would wait for a pullback. One of the top performing stocks in the market this year. (Analysts’ price target is $49.43)
Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
$48.610
No
COMMENT
COMMENT
August 9, 2019
Did own it previously since the IPO. Traded out based on valuation. The drop today could have to do with liquidity. Someone probably had an open order decided and decided to take down the bid. There is no reason for the big drop today.
Did own it previously since the IPO. Traded out based on valuation. The drop today could have to do with liquidity. Someone probably had an open order decided and decided to take down the bid. There is no reason for the big drop today.
COMMENT
COMMENT
August 9, 2019
Have owned it in the past, but have scaled back on energy exposure. Their business is consistent and they have a steady dividend that is well covered. Good for a longterm investor. He's seen the indicators that the sector is bottoming out, but would like to see price increase and relative strength to improve before considering energy.
Have owned it in the past, but have scaled back on energy exposure. Their business is consistent and they have a steady dividend that is well covered. Good for a longterm investor. He's seen the indicators that the sector is bottoming out, but would like to see price increase and relative strength to improve before considering energy.
oil pipelines
Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
$24.810
No
PAST TOP PICK
PAST TOP PICK
August 9, 2019
(A Top Pick Jul 25/18, Down 49%) You have to have a sell-side discipline, and sold out before making devastating losses.
(A Top Pick Jul 25/18, Down 49%) You have to have a sell-side discipline, and sold out before making devastating losses.
publishing/printing
Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
$15.100
No
PAST TOP PICK
PAST TOP PICK
August 9, 2019
(A Top Pick Jul 25/18, Down 7%) Still owns and likes it. They've been ramping up their facilities in Las Vegas. It's been taken longer than expected, but the are starting harvesting. New extraction and new facility should help the stock rise nicely.
(A Top Pick Jul 25/18, Down 7%) Still owns and likes it. They've been ramping up their facilities in Las Vegas. It's been taken longer than expected, but the are starting harvesting. New extraction and new facility should help the stock rise nicely.
agriculture
Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
$0.375
Yes
PAST TOP PICK
PAST TOP PICK
August 9, 2019
(A Top Pick Jul 25/18, Down 68%) Must be cognizant of where the sector and the business is in their cycle. They've done good things in Canada, but have stumbled in the U.S.. Probably 16-18 months until they ramp up revenues in the states. The American private side, which is much larger than the Canadian public part, it could rise well. Depends on the investment horizon.
(A Top Pick Jul 25/18, Down 68%) Must be cognizant of where the sector and the business is in their cycle. They've done good things in Canada, but have stumbled in the U.S.. Probably 16-18 months until they ramp up revenues in the states. The American private side, which is much larger than the Canadian public part, it could rise well. Depends on the investment horizon.
Transportation
BUY WEAKNESS
BUY WEAKNESS
August 9, 2019
They have a drilling project is massive, and will take up to a year to find what they have in production. They have a huge partner that will probably taken over the company if there is a big discovery. A volatile stock, so try to trade around the rallies and falls.
They have a drilling project is massive, and will take up to a year to find what they have in production. They have a huge partner that will probably taken over the company if there is a big discovery. A volatile stock, so try to trade around the rallies and falls.
oil/gas
Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
$2.410
Yes
COMMENT
COMMENT
August 9, 2019
It's been a disappointment. They were expecting Latin America and Europe to continue the trend of legalizing marijuana. The company would become a global player in this case. The opportunities are there, but it could take some time before they are able to capitalize on it.
It's been a disappointment. They were expecting Latin America and Europe to continue the trend of legalizing marijuana. The company would become a global player in this case. The opportunities are there, but it could take some time before they are able to capitalize on it.
Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
$0.000
Yes
Comments
30000
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