Counsel Corporation CXSNF

Fabrice on BNN

[gibbonsj]

Counsel Corp. (CXS TSX) *Special Dividend paid April 30, 2014
Current Commentary: "My position is small now because the stock has been very volatile and difficult to follow. The mortgage business is good, but is attracting competition, which hurts margins. The question is how much?"

Did anyone not expect sp to move on the special divi? It was after all a divesture of an asset. Since then SP has done very well.  If you picked up at 1.50 you’re up quite nicely now.  Some care enough about this stock to move it up and down with regularity. One can raise or lower sp at will with a paltry 100 shares and its being done routinely.

[bagcheese]

First, Fabrice or Fablow, ..is the only guest on bnn that has more wrong picks than good picks ..he did recommend counsel but only once it was already in play, and basically everyone else was picking it. ..look at all his picks like loy and acd ..if the guys sells, -buy and if the guy recommends something, -run. ..I don't even watch when he's on.