RE:RE:DCI on BNN James Hodgins Curvature-Short $9 target
Hodgins is the guy on BNN you watch to know what not to do.
His top pick in Dec, 2012 was short HCG, when it was in the 50s. Now HCG trades in the 80s.
Besides overemphasizing the contribution of the Cash Store (he said 20%, DCI's Amanda Gallacher told me directly in an email "less than 10%") he didn't mention that they made an acquistion since the Veritas report.
Second point, the decline of the CDN dollar is huge for DCI. 2/3 of the revenue is foreign currency. The CDN has weakened against the pound and the AUD dollar.