Between vacations, but I wanted to get out a new edition of “What’s Wolf Watching” where I preview a dozen or so companies who will report earnings over the next 30 or so days. I’ll be back on October 3rd.
The last month has not been kind to microcap stocks with the TSXV experiencing declines of up to 12% and the CSE dipping by as much as 8%. Of the 13 companies I covered last month, not many fared well regardless of Buy Zone or Danger Zone calls.
The only Danger Zone stock call last month was ZOOMD Technologies. They have dropped by 20% since last months WWW.
I also told readers to wait on Kraken Robotics, they are down by 26%, and I faded Sabio Holdings (down 18%) as well as Grey Wolf Health (down 13%)
Buy Zone calls on Happy Belly Food Group and Progressive Planet were only temporary (increasing 20% and 25% respectively) but both have fallen back into their previous Buy Zone ranges. Buy Zone calls on Pharmacorp RX and Hydreight Technologies did not pan out at all with those stocks retreating by 18% and 20%. Both of those should have much better days ahead.
Here is who I’ll be looking at this month:
Cheelcare Inc
PesoRama
Thermal Energy Group
DAVIDsTea
Nexe Innovations
Sangoma Technologies
MTY Group
Pudo Inc
Blackberry
Aritzia