Markets have been increasingly volatile in recent weeks. While these erratic swings can tend to fray the nerves of investors, the flip side of this is that gains can now be made in a matter of weeks (or even days) that would equate to an excellent annual return.
In this week’s edition of Buzz, we picked out the “biggest movers” in our various sector groups in terms of the largest gains in reads/visits over the period November 7 – 13. In each of these cases, there is generally a big story behind these large jumps in Bullboard activity. To the surprise of many, no cannabis company made this list, since Bullboard reads tended to remain much steadier with these companies.
Top Viewed Resource Stocks
Euro Sun Mining (TSX: ESM, OTCQB: CPNFF, Forum)
Here is a junior gold mining company with a raft of positive news and the market has taken notice: an important mining license for its Rovina Valley Project in Romania, and added cash in the coffers through both a private placement and the exercising of warrants.
(click to enlarge)
For investors, what is important to note with many of these junior companies that are currently getting positive traction is that many (most?) have been pushed considerably lower in 2018. This means that companies like ESM remain at very attractive valuations – even after this recent move in share price.
A 1-year chart for the same company helps to illustrate this point:
(click to enlarge)
That chart may look somewhat depressing and discouraging to potential investors in Euro Sun Mining – like many of the 1-year charts that investors are currently surveying. But if we take a look at the Big Picture (i.e. the 5-year chart for ESM), we see a company that has done a commendable job in building value for investors, but at the current valuation has plenty of room to run.
(click to enlarge)
Top Viewed Blockchain Stocks
DataMetrex AI Ltd. (TSX: V.DM, OTCQB: DTMXF, Forum)
We already alerted the Stockhouse audience to this blockchain company in the last edition of Buzz (“Show Me The Money”), where we were covering the top juniors from the previous week in terms of the biggest gainers.
This week, their stock price went for a ride, but in the end closed on Nov. 13 only 0.05¢ higher than it opened on Nov. 7. It seems all this excitement is about the reverse takeover from Graph Blockchain, and it doesn’t stop there, Graph Blockchain also received final listing approval from the CSE.
Graph Blockchain Closes RTO with AI Tech Company
CSE Approves Graph Blockchain Listing
(click to enlarge)
While the share price has cooled off, there is plenty going on with this company. The blockchain space has been especially hard hit in 2018 as a consequence of the cryptocurrency meltdown. But many of these companies have little or no operations directly connected with cryptocurrency mining and this is technology that (by all accounts) continues to have revolutionary potential in a number of corporate/business applications.
Top Viewed Energy Stocks
Trican Well Services Ltd. (TSX: TCW, OTCQB: TOLWF, Forum)
There is a lot of “buzz” on the TCW Bullboard over the past week. Unfortunately, as with most of the energy sector, this established energy services company has been taking it on the chin in recent quarters. Investors are congregating at Stockhouse to digest the numbers from Q3.
Their stock price took a bit of hit this week, opening at $1.80 on Nov. 7 and closing at $1.31 on Nov. 13. Their Third Quarter Results for 2018 last week speak to a cautious yet optimistic outlook for Q4. Down 27%.
Trican Reports Third Quarter Results for 2018
(click to enlarge)
Top Viewed Industrial Stocks
Bombardier Inc. (TSX: BBD.A, OTCQB: BDRAF, Forum)
The year 2018 started off like it was going to be a banner year for Bombardier…
(click to enlarge)
By early summer, the stock had practically doubled. But since that time, this stock has not merely reversed and erased all those gains, it’s actually trading down for 2018.
(click to enlarge)
As can be expected, some of the news here reflects the recent performance (and issues).
Bombardier Reports Third Quarter 2018 Results, Announces Sale of Non-Core Assets and Strategic Actions to Streamline the Company and Drive Productivity
Conversely, Bombardier has also reported their Q3 results with “earnings* up 48% year over year to $271M on $3.6B revenues”, in addition to “closing the end of their heavy investment cycle”. One would think that share holders would be happy with the direction of this company, but the stock price opened at $3.20 on Nov, 7 and closed at $2.31 on Nov. 13. Down 28%.
* Due to the adoption of IFRS 15, Revenue from contracts with customers. Refer to the Accounting and reporting developments section in Other in the Corporation’s MD&A for detail regarding restatements of comparative period figures.
Clearly, many Bombardier investors will also be puzzled by this apparent disconnect – and large numbers of BBD.A shareholders are congregating at Stockhouse to attempt to make some sense of all this.
Top Viewed Technology Stocks
Identillect Technologies Corp. (TSX: V.ID, OTCQB: IDTLF, Forum)
Indentillect’s share price opened at 0.075¢ on Nov. 7 and went as high as 0.125¢ that day, closing at 0.090¢ on Nov. 13. Not much of a move, but (according to the Stockhouse chatter) at this price some investors on the Bullboards are “loading up”.
For investors new to this company who are pondering the “buzz” on ID, perhaps a better clue comes in the 3-month chart:
(click to enlarge)
For the more technically minded investors, ID seems to be “building a higher base” after its recent spike. Those investors who are influenced by such market indicators may see now as a good accumulation (or entry) level.
In recent news:
Department of Public Health and Social Services of Guam (DPHSS) has integrated Identillect’s Delivery Trust® to Secure Email Communications
Markets go up and markets go down. But even with the unprecedented degree of correlation among global markets, there is still room for companies to move independently – especially at the small-cap level. Throw in (now) high volatility and there are opportunities for gains among traders and investors alike.
Both of these groups of market participants come to the Stockhouse Bullboards to talk strategy, share their DD, and network with other investors. Stockhouse Publishing: your small-cap destination – whether markets are going up or going down.