Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
December 22, 2016

It has had the crap beat out of it. They have had all kinds of difficulties. He is always very wary of stocks that keep going up just because they are taking over other companies. This is what hit this one. He is not considering it at this point in time.

It has had the crap beat out of it. They have had all kinds of difficulties. He is always very wary of stocks that keep going up just because they are taking over other companies. This is what hit this one. He is not considering it at this point in time.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$19.210
Owned
No
SELL STRENGTH
SELL STRENGTH
December 22, 2016

He bought it at about 25 cents and sold 25% at $1.54. He was trying to sell more but the market would not take it. Now it is in the $3 range and is thinking about selling it next year so as to defer taxes. They have just said they are doing very well. They have a new factory and are packing a lot out of it. It seems they are firing on almost all cylinders. He would not buy it here. He would love to see them taken over but is not tipping his beer to it right now.

He bought it at about 25 cents and sold 25% at $1.54. He was trying to sell more but the market would not take it. Now it is in the $3 range and is thinking about selling it next year so as to defer taxes. They have just said they are doing very well. They have a new factory and are packing a lot out of it. It seems they are firing on almost all cylinders. He would not buy it here. He would love to see them taken over but is not tipping his beer to it right now.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$3.000
Owned
Yes
WEAK BUY
WEAK BUY
December 22, 2016

He bought two years ago and could see it getting to $15 now. He does not see buying it now for growth but the dividend is nice. It is a wonderful demographic play. He is happy to watch it continue to grow, but it is not the 100% upside that he likes to see.

Extendicare Inc (EXE-T)
December 22, 2016

He bought two years ago and could see it getting to $15 now. He does not see buying it now for growth but the dividend is nice. It is a wonderful demographic play. He is happy to watch it continue to grow, but it is not the 100% upside that he likes to see.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$9.950
Owned
Yes
HOLD
HOLD
December 22, 2016

It was one of the worst mistakes he made of the last couple years. He hopes to sell it at $12-$14. He didn’t think this company would get into so much trouble. Since then they have paid off a lot of debt and now he is happy to hold it. The CEO came from Bankers and it was a top pick of his. There is one insider buying a lot of shares. He likes it and plans on holing it.

Obsidian Energy (OBE-T)
December 22, 2016

It was one of the worst mistakes he made of the last couple years. He hopes to sell it at $12-$14. He didn’t think this company would get into so much trouble. Since then they have paid off a lot of debt and now he is happy to hold it. The CEO came from Bankers and it was a top pick of his. There is one insider buying a lot of shares. He likes it and plans on holing it.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$2.350
Owned
Yes
DON'T BUY
DON'T BUY
December 22, 2016

He used to hold it and took a small loss, glad he got out. The company scared him because things were changing so quickly. They are having problem because management is leaving. It is a good paper, but readership is falling way off. Their move to the Internet has not been that successful. They have no debt on the balance sheet -- great balance sheet. He watches it but is staying away from it.

TorstarCorp (B) (TS.B-T)
December 22, 2016

He used to hold it and took a small loss, glad he got out. The company scared him because things were changing so quickly. They are having problem because management is leaving. It is a good paper, but readership is falling way off. Their move to the Internet has not been that successful. They have no debt on the balance sheet -- great balance sheet. He watches it but is staying away from it.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$1.770
Owned
No
DON'T BUY
DON'T BUY
December 22, 2016

They make female condoms. They were the leader in the world last year. They have done a merger with a technology company, with Aspen Pharma, and he hates the merger as Aspen has zero revenue. Their management ran a previous company into the ground. FHCO-Q have no debt but the revenues got cut in half the last quarter. He is looking for when he should get out.

Female Health (FHCO-Q)
December 22, 2016

They make female condoms. They were the leader in the world last year. They have done a merger with a technology company, with Aspen Pharma, and he hates the merger as Aspen has zero revenue. Their management ran a previous company into the ground. FHCO-Q have no debt but the revenues got cut in half the last quarter. He is looking for when he should get out.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$1.090
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 22, 2016

(Top Pick Oct 27/15, Up 79.89%) They did not dilute shares during the downturn. They stopped paying the dividend and he thinks they will start paying one again. They will be taking out their convertible debentures which pay a high dividend rate.

First United (FUNC-Q)
December 22, 2016

(Top Pick Oct 27/15, Up 79.89%) They did not dilute shares during the downturn. They stopped paying the dividend and he thinks they will start paying one again. They will be taking out their convertible debentures which pay a high dividend rate.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$12.800
Owned
Yes