GREY:ABGPF - Post by User
Post by
micromanageron Oct 08, 2014 2:25pm
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Post# 23011038
ALP Fabrice Taylor likes in the Globe and Mail today
ALP Fabrice Taylor likes in the Globe and Mail todayThe Globe and Mail reports in its Wednesday, Oct. 8, edition that The President's Club newsletter publisher Fabrice Taylor says it is "dangerous" right now to be investing in small-cap stocks, in what he calls the "late stage of the market." The Globe's Darcy Keith writes that Mr. Taylor says he sold a number of smaller names "for a nice gain." He says he sold Athabasca Minerals ($1.65) at about $2.85, which he bought at 25 cents in 2011. He says he also took profits on Enterprise Group (73 cents) and Patient Home Monitoring (37 cents). Mr. Heinzl said buy Enterprise Group on April 2 when the shares could be had for 92 cents. Enterprise shares have declined steadily since then. Mr. Taylor says he still owns some Patient Home shares. Mr. Taylor says he is always telling subscribers to take profits with the aim of getting their original capital back and letting the rest ride. Mr. Taylor has been a buyer of Delavaco Residential Properties ($1.01), which is a small-cap United States real estate play. He says yes to U.S. real estate plays and no to Canadian plays. Mr. Taylor says his top risky play is Alabama Graphite (22.5 cents). He says, "The graphite space is heating up a lot."