COMMENT

The Chairman is working hard to get this company sold. They are facing some problems right now. They have issues with reimbursement and stagnant revenues, so the wheels have fallen off this former market darling. A bit of a dog’s breakfast of different businesses, so it is hard to see who is going to buy it. If it is cheap enough, it probably does get sold. It won’t happen until they right the ship. They have a lot of work to do to fix things.

COMMENT

He likes the business model and he has done well on royalty names. This one is a little more aggressive, they take a little more risk. That is fine as long as you understand what you’re getting into. Have had some very, very big successes in their investments. Analysts still seem warm on the story.

DON'T BUY

Every time he hears of a company that has something they are going to put in planes, it never seems to work. This company over promised and under delivered. Doesn’t know if it is going to get bought or not, but you have to ask yourself after all these years, are they going to make it. Be extremely cautious on this name.

COMMENT

Has been buying a lot of this. They have $0.10 a share in cash and $30 million in revenue. Doing 30% operating profits right now. To him, the business is doing very well. The problem is the stock price. There was some controversy with management, but he saw that the 2 founders had bought 1.5 million shares last week. If you do what they do, you will probably do okay. The new CEO is going to start marketing the story, so it should find a new audience and start to bounce back.

COMMENT

Lumber is tied to housing, and the US housing market is lukewarm. You are going to get some demand, but not a lot. Currency is going to help out. Doesn’t see anything in housing that screams that it is a buy. A lukewarm story, but not something that would get him excited.

PAST TOP PICK

(A Top Pick April 9/15. Down 52.14%.) This is trying to become the Nielsen Ratings of social mediums. He still likes it and thinks it is going to come back. Their quarter over quarter revenue is double digit growth, and are getting close to break even. He is most encouraged that they are building a brand, and you are starting to see their E value brand crop up in the media. Saw it mentioned in the Wall Street Journal recently. The market cap is $20 million now. They spent more than that on their platform. A long-term investment. Still a Hold.

PAST TOP PICK

(A Top Pick April 9/15. Down 78.49%.) This company had games, and the way they generated revenue was that you had to buy tokens. The problem is that games are a fad. People play them, get attracted to them, but then get bored and move on to the next one. They didn’t use some of their profit to develop new games, and overpaid for an acquisition. Not hopeful as he feels some of the damage is permanent.

PAST TOP PICK

(A Top Pick April 9/15. Down 97%.) (Formerly Loyalist Group.) The first word that comes to mind is fiasco. This was in the ESL market. Did well for a few years. Last year the CEO lied to people and vaporized $20 million of value. They brought in a new team that tried to turn it around, but were unsuccessful. There is a new team involved, but he is done with this one. Don’t go near it.

HOLD

There is a trend in craft beer. He always looks at this one because it has a nice stock chart. A well-run company, and craft brewing is where it is going. Big brands are losing market share to the smaller brands. 2% dividend yield.

COMMENT

Uranium might be interesting. For all the negative headlines that we have had, he thinks there is still going to be tremendous demand for uranium.

COMMENT

Had a huge discovery last week. Likes the stock a lot. Very cheap. Some of the smartest money in commodities owns this. There is a lot of upside. Clearly it is a take out candidate because they have a very, very attractive deposit.

COMMENT

This is one of those “go to” names when people want to get back into oil. Had a nice bounce from its low. His guess is that we are close to the bottom in oil. Would prefer buying an ETF, a safer way to play oil.

BUY

An energy producer. Has a geothermal plant in Nicaragua. They have cash flow and initiated a dividend this year. Dirt cheap. He really likes this and has been buying a lot of it. Trading at a massive discount to its BV. Have some good upside. Some of their drilling programs could bring in significant more cash flow.

DON'T BUY

Doesn’t go to the Bay that often, so it is hard to get excited. Shopping is going more and more online. People are getting more nervous about the economy. Not something he would want to invest in right now.

COMMENT

Probably one of the biggest car parts Company in the world. A “go to” name for people who want to bet on the car sales. There are still a lot of old cars rolling around in North America, so car sales should do okay. If you are willing to bet on increased car sales in an OK economy, this is a good name to be in.