No Business Training Whatsoever

How I'm gambling away my retirement fund in the stock market.

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Location: Toronto, Ontario, Canada

They only give you 1200 characters to describe yourself, so I won't even try.

Monday, January 30, 2006

SOY.TO - Sell

Sell Price
$7.46 Cdn (post dated, I sold SOY three days ago)

See Buy For Company Info

Reason
I read three articles in a month about how soy products are either bad for you, or not beneficial. This article implied the FDA may force labelling changes.

I got scared out of the stock, but of course.......it's up 40 cents since I sold it. Have to learn to be more patient.

VRK.TO - Stock To Watch!


Chart as of Jan. 30, 2006

Current Price
$0.80 Cdn

Company
VIRTEK VISION
Develops, manufactures and markets precision laser technology systems for a broad range of applications principally for use in manufacturing facilities.

Why I'm watching?
This beleaguered little laser company from Waterloo has been in bad shape ever since the tech bubble burst in 2001. They tried to catch the biotech wave around 2000, developing a series of laser DNA readers, etc. Well, they spent a ton of money and developed some 3rd rate products....then the market tanked and they've been hurtin' ever since.

It's like the 16 year old who crashes his mom's car and works every weekend washing dishes to pay the parents back. Eventually, the kid is 25 and the debt is paid.

That's how I see Virtek. They have finally contained their horrible biotech mess, cut staff, cut costs, and gotten back to their core business........building lasers to help cut flat things into pieces.

It's not a great business, but then again, their market cap is quite the joke too. If you can grab some shares in the low 70 cent range....I believe you could double your investment in 6-9 months.

Tuesday, January 24, 2006

ZEN.TO - Stock To Watch !


Chart as of Jan. 24, 2006

Current Price
$17.56 Cdn

Company
ZENON ENVIRONMENTAL INC
ZENON is a technology company specializing in the design, development, manufacture and sale of advanced membranes and membrane systems for water purification, wastewater treatment and water reuse.

Why I'm watching?
This company had a sharp correction (due to a horrendous and unexpected 4th quarter) , but has a good business and will likely recover eventually (plus they are a takeover target).

Bad News   Good News

I'm not sure if now would be the time to get in....or maybe there is more bad news to come before things get better. I suspect all the bad news is out and priced into the stock. Might be worth taking a small position and see what happens....and buy more if it dips again.