February WWW - "What's Wolf Watching

Buy Zones & Danger Zones - Earnings previews over the next 30 days

From Microsoft to microcaps, to say that earnings season has been sub-stellar of late would be an understatement.

Maybe that shouldn’t come to anyone’s surprise as my January article published last month only contained one true identified buy zone opportunity out of sixteen companies discussed, but included TEN danger zones or stocks I suggested readers should fade or ignore leading into earnings.

Before we get into February’s content, let’s look at the report card of what I said last month.

Odd Burger - I didn’t call a Danger Zone here, but a DEATH ZONE. About two weeks later, the company went under a full CTO and hasn’t traded since Feb 3rd.

I had the following four stocks in Danger Zones:

• GoodFood Market - Down 20%

• California Nanotechnologies - Down 17%

• Realbotix Corp - Down 21%

• Coveo Solutions - Down 22%

I also suggested investors fade the following stocks on upcoming earnings:

• CanPR Technology - Down 53% since my article and 46% on their financials

• Gatekeeper Systems - Down 9%

• Telescope Innovations - Down 21%

• Guru Organic Energy - Down 24%

• Medexus Pharmaceuticals - this one broke the trend, gaining 2% on results

The only solid Buy Zone last month came from one of my favourites, D-Box Technologies, and even they disappointed the market, dropping by 9%. That did drop them back in my buy zone however, and I acted on it twice last week at 75 cents. It was very encouraging to see insiders buy at 80 cents on Friday.

Here’s the stocks I’m covering this month with earnings expected over the next thirty days:

• Revolve Renewable Power - REVV.V

• BluMetric Environmental - BLM.V

• Ztest Electronics = ZTE.C

• Avante Corp - XX.V

• Covalon Technologies - COV.V

• AirIQ = IQ.V

• Docebo Inc. - DCBO.TO

• Kneat.com - KSI.TO

• Illumin Holdings - ILLM.TO

• Sylogist - SYZ.TO

• MDA Space - MDA.TO

• McCoy Global - MCB.TO

• KITS Eyecare - KITS.TO

• Haivision - HAI.TO

• Progressive Planet - PLAN.V

• PureBread - BRED.V

Will this February edition have some more optimism that what we saw last month?

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