updates

Well lots has happened since my last post.

None of it really belongs on this blog so i will look at the market. Many of my ideas to invest in have gone gangbusters. I still have some that are interesting, but the list has shrunk.

Banks are somehow instantly viable again as the share prices of several have nearly tripled, see Wells Fargo.

Biovail continues to be held and earnings due out May 6th. CLCT should be soon. It will be interesting now that they have removed the Jewellery business how much if any the earnings will be?

My current watchlist has companies like Sherrit, Sierra wireless, ADF group, H. Paulin and many others. While most have gone up 50-100% very quickly others remain low like H. Paulin.

I like to look at my 'CRAP' (can't realise a profit)list to see if companies can come back from the dead. Cott corp, Abitibi, QLT, USS shipping, Canwest global and Liquidation World have all made this list. While about half are down greatly or gone bankrupt the others like Cott have made nice gains, which could offset the large losses. Brick brewing a recent addition had signs of life on Friday.

I had all but forgotten about Urainium stocks except for Cameco, Denison and Uranium one. Mega Uranium however would have been the one to watch. The others have done ok too, but they appear to be a hot sector again. That said what isn't right now... Pharmacueticals!

While this site was intended for options ideas my strategy and focus has shifted greatly. That isn't to say i dislike options, but the VIX made them too expensive for how i intended to use them. I will add ideas on occasion in the future.

Google reader is great for catching up on reading blogs. It also tracks what i do or do not read. Blogs like Simoloen sense are jam packed and have many neat articles, but i have neither time nor inclination to read it all. I prefer blogs that post a few times per week with well laid out ideas or thoughts. << If only i could achieve this?

One last small company to look at is Omega Protein. Has some pretty good looking stats.

DH