lundi 29 décembre 2014

Penny stocks as top picks?

Here's the three last appearances of Jason Donville on TV with his three top picks for each of these appearances:

October 24, 2014:

Cipher Pharma
Constellation Software
CGI Group

November 28, 2014:

Directcash Payments
CGI Group
Valeant

December 24, 2014:

Patient Home Monitoring
Biosyent
CRH Medical Corp

I have three things to say:

1- Jason isn't generally that much on TV within 2 months. Sometimes, it takes about 6 months between two appearances.

2- It's strange that the top picks of Jason Donville change so much within only 2 months. Usually, he's consistent over a relatively long period of time with his top picks (Constellation Software comes back often). All the companies recommended have changed since october 24, except for CGI Group that was chosen two times.

3- It's the first time (I may be wrong) that Jason recommends some penny stocks or stocks that were penny stocks not so many months ago. I'm talking about his last top picks that include three small companies. The one that got over 1$ the longest time ago was Biosyent, about 2 years ago. Patient Home Monitoring is still a penny stock at the time of this writing (not for too long I think) and CRH Medical has just got over 1$, a few weeks ago.

I'm not very comfortable with penny stocks. I've had it in the ass with several companies like Loyalist Group, Macro Enterprises, NTG Clarity Network and even Rifco these last weeks.

I don't recommend to put a lot of money on the Venture. In fact, I almost recommend to put no money at all on the Venture stock exchange. Companies listed there are generally too small and don't have a lot of consistency in their results. So, I may be wrong, but if you don't want to get fucked like I've been, look on the TSX or the S&P500 to make your choices. The companies listed there have better chances to give you a previsible growth than almost anything on the Venture. And you could get very good growth with a medium cap. You don't have to choose a micro cap or a very small cap.

So, i'm pretty confused about Jason's last three top picks. I'll probably write again about that in a couple of months.

2 commentaires:

  1. He was on BNN frequently in a short period of time, so I think he had to offer something new instead of the usual CGI, HCG, CSU, etc. Hence these "stocking stuffers". Not true 'top picks'...but as we all know DFWD.

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