Latest Expert Opinions

Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
September 18, 2013

Really likes this name. Suffered a big downtrend earlier this year, which was almost entirely due to oil differentials. They really need a widening oil differential. Now that the differential is back up to around $24, this company is firing on all cylinders. Slightly overbought on a short-term basis, so you can probably expect it to come back to about $23.

Gibson Energy (GEI-T)
September 18, 2013

Really likes this name. Suffered a big downtrend earlier this year, which was almost entirely due to oil differentials. They really need a widening oil differential. Now that the differential is back up to around $24, this company is firing on all cylinders. Slightly overbought on a short-term basis, so you can probably expect it to come back to about $23.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$23.980
Owned
Yes
COMMENT
COMMENT
September 18, 2013

Doesn’t know that we are going to run away with banks in the next few months so there is no rush to own. Has some resistance at about $60. If you want to buy some, your downside would be limited. It is above its 50 and 200 day moving averages on a yearly basis. He would rather add at $62 and above.

Bank of Nova Scotia (BNS-T)
September 18, 2013

Doesn’t know that we are going to run away with banks in the next few months so there is no rush to own. Has some resistance at about $60. If you want to buy some, your downside would be limited. It is above its 50 and 200 day moving averages on a yearly basis. He would rather add at $62 and above.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$59.690
Owned
Unknown
COMMENT
COMMENT
September 18, 2013

Just sold his holdings. Had a nice run. Insurance companies are certainly going to benefit if rates rise and equity markets move up. He is seeing a little bit of topping in the last little while although the trend is still there. It is susceptible to come down to the $27-$28 range. Looks like it is time for a pause. 4% dividend.

Great West Lifeco (GWO-T)
September 18, 2013

Just sold his holdings. Had a nice run. Insurance companies are certainly going to benefit if rates rise and equity markets move up. He is seeing a little bit of topping in the last little while although the trend is still there. It is susceptible to come down to the $27-$28 range. Looks like it is time for a pause. 4% dividend.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$30.470
Owned
No
BUY WEAKNESS
BUY WEAKNESS
September 18, 2013

Chart looks like it has had some pretty good support at around $120. If it breaks below $120, all the moving averages are really tight. Often when you get this convergence, it is usually an indication that we move higher but periodically can be an indication that it actually goes lower. Stochastic is at an exceptionally high level, close to 100. You can pick this up at $120.

Canadian Pacific Rail (CP-T)
September 18, 2013

Chart looks like it has had some pretty good support at around $120. If it breaks below $120, all the moving averages are really tight. Often when you get this convergence, it is usually an indication that we move higher but periodically can be an indication that it actually goes lower. Stochastic is at an exceptionally high level, close to 100. You can pick this up at $120.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$130.830
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
September 18, 2013

Chart shows a little bit of clustering this year. This one has a little bit more focus on natural gas which is part of the reason why. Chart shows a downward channel from early 2011. You could pick this up at around $35-$36, which is a reasonable valuation. 7.2% dividend is sustainable.

Chart shows a little bit of clustering this year. This one has a little bit more focus on natural gas which is part of the reason why. Chart shows a downward channel from early 2011. You could pick this up at around $35-$36, which is a reasonable valuation. 7.2% dividend is sustainable.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$38.230
Owned
No
BUY
BUY
September 18, 2013

Very positive. Could be taken out by Mattel. Good to hold toy stocks going into Christmas. He is short the common stock and long the warrants. There is a year and a half left in the warrants. This is how he plays megabrands.

MegaBrands (MB-T )
September 18, 2013

Very positive. Could be taken out by Mattel. Good to hold toy stocks going into Christmas. He is short the common stock and long the warrants. There is a year and a half left in the warrants. This is how he plays megabrands.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$15.650
Owned
Yes
BUY
BUY
September 18, 2013

Big pop again today, news related. A painful holding at some points. They hold patents and try to get economic value from them. They took a case to court recently and lost. Alcatel and HTE won the case. But there is still value in their patent portfolio. Here are catalysts coming soon. That is why they continue to hold it.

Quarterhill Inc (QTRH-T)
September 18, 2013

Big pop again today, news related. A painful holding at some points. They hold patents and try to get economic value from them. They took a case to court recently and lost. Alcatel and HTE won the case. But there is still value in their patent portfolio. Here are catalysts coming soon. That is why they continue to hold it.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$4.040
Owned
Yes