A True Growth Stock in the Making

VersaBank (VBNK)* $10.06 – See Stats below. Other than the price pop this week the company looks perfect for a long term positioning to own. Trading might be a bit difficult due to the low float, wide spread in the bid/ask and daily trading volume below 10,000 shares.

VBNK is closing on the purchase of a small Minnesota Bank in the USA that will give them status as a US Bank licensed in all 50 states. The USA market is significantly larger than the Canadian market for what VersaBank does. Management believes the profit margin will be greater for VBNK in the USA than what they have in Canada. Future plans expressed, is expansion into Europe.  Continue reading

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Fintech Ideas – running hot at the moment

In this post are multiple ideas from within the Fintech movement. FinTech is the one the first applications of Crypto and Blockchain used in real world situations. These uses are different from buying crypto directly. Real world applications are what give Crypto currencies and Blockchains their value. Some of the companies listed below own crypto assets or safekeep crypto assets. They also use the blockchain applications that crypto allows. Continue reading

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LOTM Technical and Quantitative Market Readings

Technical and Quantitative Market Readings

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The prior published update was November 20, 2023. The Plus minus sign in the graphic above is the direction change from 11/20 to today.

Biggest gains in the market are made when one catches a money rotation from one asset class to another asset class. The biggest shift I see coming is a rotation into precious metals. In 2023, we have had a massive rally in crypto. GBTC* (above) has rallied from December 2, 2022 price of $8.98 to its current price of $31.02. Some of the smaller coins are up even more. Continue reading

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Consider a Stock Market (QQQ) Hedge that Pays you a 4% return

Vehicle: ProShares Short QQQ ETF

Price: $10.10

Purpose: Short-term trade in anticipation of a market correction or longer-term hedge

Dividend: This short position on the Nasdaq 100 (QQQ) pays a quarterly that presently is about 4% annually.

How can it pay a dividend? The ETF does not short the QQQ directly but rather through various duratives. The balance of the ETF, is in short-term Treasuries. The return on short term treasuries is high enough at this time to pay the current dividend.

History: Since the history of the Nasdaq 100 (QQQ) has been in a decade long uptrend, the long-term performance of the PSQ has been negative. This appears to be a vehicle to use on a shorter-term hedging basis when you believe Continue reading

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Karora and Gold Rallies – Equities Topping, Michael Oliver, founder MSA

Karora (KRRGF*) Highlights November 21, 2023:

  • At Beta Hunt:
    • Gold Measured and Indicated Mineral Resources increased by 18% to 1.6 million ounces
    • Measured and Indicated Mineral Resource grade at Western Flanks, Beta Hunt’s largest zone, increased by 12% from 2.6 g/t to 2.9 g/t (1.1 million ounces)
    • Gold Proven and Probable Mineral Reserve increased by 6% to 573,000 ounces
  • Consolidated Gold Measured and Indicated Mineral Resource inventory increased by 9% to 3.2 million ounces net of mining depletion
  • At Higginsville:
    • Maiden Probable Mineral Reserve produced for the Spargos deposit comprising 437,000 tonnes grading 4.6 g/t for 64,000 ounces
  • The expanded Mineral Resource and Reserves further support extending mine life at Karora’s flagship Beta Hunt mine 

Continue reading

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LOTM: Highly Rated Dividend Stocks

Category –

I: Price trends of various asset classes.

II: 20 High Rated Business Development Companies (BDC)

III: Top 10 Quant Rated Dividend Payers of SA Universe

IV: Featured Focus! 25 Monthly Dividend Paying Equities – Dividend range from 26% to 7.5%

Grouped by five different sorting characteristics.

Below we share multiple ideas in Dividend income. There is no advantage in picking one or two names. You can minimize sector risk and company risk by owning many small positions when hunting dividend income. It is better risk management to have 20 names at $500 dollars each than two names with $5,000 in each Continue reading

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The Demand Vs Supply Bottle-neck Tightens in Crypto

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We are sharing the article linked below as an indication of the tight supply and increasing demand for Crypto. Continue reading

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The Hottest Sector and the Best Fire Sale Sector Right Now

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Hottest sector – Without question – Crypto

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