Remember when I said there were several outstanding IPO in the pipeline? Well, yeah. Today’s evaluation will be Axalta Coating Systems which boasts its slogan “Built for performance.” As opposed to what? Built for failure? All bad puns aside, what exactly is Axalta Coating Systems? Well, it’s a company that manufactures coating; basically, paint. I’ve […]
I just finished reading Sky Solar’s (very dreadful) prospectus. The question is: would I invest in it? Let’s start by “The Bad” first. The Bad: 1) The sector sucks Investing in solar energy is a terrible idea. It’s an even worst idea when oil prices are down. Take FirstSolar, the biggest solar energy company at the […]
To be clear, I wouldn’t. I don’t even pay $10 per day to feed myself. But in a world where people seriously buy insurance for their dogs, why not? For those of you who don’t follow the IPO market (that is, when a company becomes public and when everyone can invest in a company, not […]
Do you lay awake at night wishing you could invest at the lowest possible rate of return? Or, better yet, do you wish you could invest your money in a company that will never earn you a penny? Do you dream about slowly losing your buying power to inflation? Then Bombardier (TSE:BBD.B) might be the perfect […]
The textbook definition of a moron is this guy: Someone looked at his investments, looked at the price of Apple’s share, realized it was trading at $95.89 and decided it was time to sell. Yes. Someone looked at his hard-earned money and decided to get rid of his shares of Apple at perhaps the most ridiculously-low price […]
Serious question. I was reading some stock analysis from some research analyst somewhere today when I came to the painful realization that there is no reason to read an investment research in the first place. Why? Because there is only one company worth investing into and it’s this one: Notice how Alibaba, unlike Gopro, didn’t […]
Confession: I follow GoPro far more than I should. From missing its IPO entirely (I would have invested at $24, sadly, I don’t follow the tech IPO market that much) to missing buying it at $30, $40, $50, $60 and then $70, GoPro has become a major part of my daily routine. Speaking of which, […]
Imagine flipping a coin five times in a row and getting five tails. Guy A comes to you and says, “This coin has had five tails in a row. We are way past overdue a heads already. No coin can throw just tails all the time. All coins throw 50% heads and 50% tails and I don’t see why […]
That’s it: I finally found the worst place in Montreal. It has been a wild ride, but I can finally close this part of my life for good. Forget Pacini and it’s gallon of salt, forget Scores and it’s I-can-believe-I’m-eating-that chicken and forget East Side Mario’s and its frozen garbage: Terrasses Bonsecours is so utterly […]
Moncef venait de recevoir un gros chèque de son nouveau locataire et avait décidé de fêter à son emplacement préféré : le casino. Aussitôt, il alla vers son jeu favori, la roulette. Ayant une stratégie infaillible, il tendit au croupier un billet de 20 $. « Rouge », dit-il. À son grand regret, la boule s’arrêter sur […]
