HOLD
One of the top rated junior companies. Doubts if it will become a trust. Limited upside.
oil / gas
SELL
Use as a tax loss.
INDUSTRIAL PRODUCTS
TRADE
A spinoff from the National Research Council. Speculative. Likes it but hasn't done well. Doesn't know where it's going.
biotechnology / pharmaceutical
BUY
Environment for software companies has been dreadful but things are starting to turn. Basic business is atrophying so are trying to take on new licenses. Believers.
computer software / processing
BUY
One of his favourite income trusts.
merchandising / lodging
DON'T BUY
Not a fan of management. Dividend may have to be cut.
electrical / electronic
SELL
Likes it, but the market doesn't. Would probably switch into Peyto, Focus, Acclaim or Shining Bank.
investment companies / funds