Comments on: Top 4 Stock Picks for 2010

By: Lee

Lee — Sun, 28 Feb 2010 04:26:58 +0000

Frugal,

I had no idea Hanwei’s management could let down shareholders as much as they did. I have sold half my position, and have lost almost all faith in management.

I am curious to hear your take on the situation?

Lee

By: FrugalTrader

FrugalTrader — Thu, 18 Feb 2010 14:47:16 +0000

Harvey, they had a terrible recent earnings report. Hard to say where they are going in the future, they have some cash to hold them through tough times like these. I still have my position in them (albeit small), and my decision to buy/sell will be determined when I sit down and do more digging on their situation.

By: Harvey

Harvey — Thu, 18 Feb 2010 11:23:22 +0000

Are you sticking with Hanwei? It is down to .43 since you picked at .84

By: omomo

omomo — Sat, 13 Feb 2010 14:02:55 +0000

Hi Financial cent,

I am new to DRIP. What does it mean to run synthetic DRIP? I decided to just leave my stocks and not get certificate for them. I’m not sure if this will have an adverse effect for me to DRIP those stocks.

-O

By: 1stmilliondollar.net

1stmilliondollar.net — Fri, 12 Feb 2010 01:55:41 +0000

FrugalTrader, I just setup a web page containing live result of this contest. The address is http://1stmilliondollar.net/contest/

The page is linked to Google Finance; so it shows “almost real-time” result of who’s leading year-to-date. Hope this is useful. :)

By: Financial Cents

Financial Cents — Wed, 10 Feb 2010 12:54:42 +0000

omomo,

Seems very high, as TD Waterhouse charges $50+GST for each stock certificate, but I know other discount brokerages can be high…so maybe $300 is accurate for Questrade (sadly). I wouldn’t pay it. Run your synthetic DRIP instead.

By: omomo

omomo — Wed, 10 Feb 2010 03:35:47 +0000

Hi all,

Frugal, thanks for the post. I just brought some stocks to DRIP via Questrade and requested that they get certificated…was told the fee for that is $300. Is this correct? With that type of fee it will end up costing $3600 for 12 stocks I bought.

By: Tasamy

Tasamy — Wed, 13 Jan 2010 09:46:25 +0000

ATK, HLO, HGO, IFR

By: Jason

Jason — Mon, 11 Jan 2010 22:51:49 +0000

Hi all:

Just signed up for Questrade (MDJ referred) and I’m using the webtrader platform. Simple and effective for my needs. In my twenties, new to investing.

I’m wondering does anyone know how to list ALL companies on the TSX or other exchanges. I would like to buy a few penny stocks but how do I find them?

-J

By: cashback cards

cashback cards — Tue, 05 Jan 2010 18:13:19 +0000

Wow any stock under a $1 seems to scare me, but I do believe that the energy/oil will be a great play for 2010. Great information! Maybe you could expand and really take a blog post for each company giving them a solid full review needed to explain your picks.

Got any others to check out or keep our eyes on?

By: Dipak

Dipak — Mon, 04 Jan 2010 21:51:17 +0000

I bought Russel Metal. I think it is good buy and good dividend stock. I normally try to buy stock with market cap above 1 B.
I take this opportunity to thank you for such a wonderful site

By: mr.archanfel

mr.archanfel — Mon, 04 Jan 2010 13:16:10 +0000

For me, it would be XIC.TO, VWO, VTI and VEA. Yeah, I know they are lame, but I think only talented people can beat the market. I am certainly not talented. Plus, it would be nice to have a benchmark in the mix. :)

Note that VWO, VTI and VEA need to be converted to Canadian dollar. In 2009, VTI did great in $US (22.46%), but pretty poorly in $CAD (5.84%).

By: FrugalTrader

FrugalTrader — Mon, 04 Jan 2010 12:56:39 +0000

Kerry, Happy New Year to you as well!

Link Wheels, I hold small positions in HE and MFC.

By: Link Wheels

Link Wheels — Mon, 04 Jan 2010 10:40:01 +0000

Thanks for the picks FT,
If you do not mind answering, which stocks from the above list do you currently hold?
Regards, Dave

By: Squawkfox

Squawkfox — Mon, 04 Jan 2010 04:03:42 +0000

Just wanted to wish you a Happy New Year!

By: cannon_fodder

cannon_fodder — Mon, 04 Jan 2010 02:59:24 +0000

FT,

Do you think Cenovus might be a takeover candidate? I know that some analysts think the split company is more attractive in that perspective, but I thought they were leaning towards Encana more than Cenovus.

By: used tires

used tires — Sun, 03 Jan 2010 10:04:18 +0000

Is it bad that I didn’t know any of these 4 stocks until you revealed them here? Anyways I think I am still a newbie to make my own predictions, I still have 2 more years left in my studies at the university, so hopefully by then… they will have taught me enough so I can make my own stock predictions.

Till then,

Jean

By: LoquaciousOne

LoquaciousOne — Sun, 03 Jan 2010 04:14:20 +0000

FT- Thanks for your reply!

Is there some equation that is generally used, or a site you can suggest (to point me in the right direction for reading) to ascertain an ‘overvalued’ stock or when during a bull run one should sell? I understand for each person the sell point would be dependent on their risk tolerance level and overall portfolio.

For me I would just like to get my feet wet by doing some ‘educated gambling’ until I learn more…. but after I have purchased, I don’t know what to look at next and can’t seem to find the right place for guidance. I purchased 15 canadian stocks to DRIP a few years ago, but I had always planned to just hold onto them so aside from the occasional OCP it’s a little dull :)

By: Nolan Matthias

Nolan Matthias — Sat, 02 Jan 2010 23:03:05 +0000

FT – I like the China play. Part of the reason I picked Starbucks in my selections for 2010 was because of their entry into the Chinese market. I think it could be huge!

By: FrugalTrader

FrugalTrader — Sat, 02 Jan 2010 21:24:44 +0000

LoquaciousOne – The time to sell stocks is a personal choice and should be in alignment with your investment plan. For me, if it’s a strong dividend stock, then I will most likely hold forever providing that the fundamentals stay the same. If i’m buying for capital appreciation, I tend to sell portions into a bull run or when it appears over valued.