Natural gas ETF. He does not expect gas to go back up. Recent storage numbers indicated a draw down but injections are going to start relatively soon and we’ll be back into the excess storage situation again.
Good yield. There is concern that there will be a cut in the payout when it gets closer to the conversion date but part of it is priced in. If it should drop because of a price cut, he would add to his position. On a 25%-30% cut you still have a reasonable yield.
Have been making some pretty spectacular deals over the last couple of months. Not a bad longer-term buy. If it got near $7-$8 he would start edging out of the stock.
Too much risk because of Cigar Lake and that the company has failed to address this risk in the past. Also, the price of uranium isn't doing much for anyone.
This company will definitely get sold and the deadline has been extended to April 10. Good company, good properties and great management. They are gassy and are too small to take advantage of some of the good properties that they have. Hoping the sale price will be north of $2.
He has been avoiding large US stocks because of the currency exchange rates. Could be getting towards the top of the range so he may start looking at them again. This company has done a fantastic job of weathering the storm. Sales are excellent.
International conglomerate. Hard company to analyze because they have so many divisions. Still concerned about the GE capital side. Has been avoiding large US stocks because of the currency exchange rates.
Canadian banks? Some look reasonably priced and are back at levels they where except for Bank of Montreal (BMO-T) and Commerce (CM-T). If a long-term investor, you could step into them, especially BMO and Commerce, which have some pretty good yields.
Great company. Have been concerns at various times that a US big chain would come into Canada to compete. They run great stores and have a good cash flow. Stock is not moving because of a probable multiple correction. At some time, the multiple will get down to a point where it will be a Buy.
Good operator, mainly oil. Some nice older plays that with new technology could really come on. Good production and lots of drilling locations. Yield of just under 8% that doesn't look like it will have to be cut on conversion.
A risk with this is that the 8.25% dividend will be cut but this may be built into the stock price. Have Allstream, which may be a bit of an anchor around their necks but they seem to be getting more active in Toronto. He could see them selling Allstream.