BookBuilderTM 30apr14

“

of 8

April 2014 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein,

in any way, written agreement must be obtained from the author or its agent Architypes Inc.

StockTakers Limited is an Alberta corporation providing information on “likeables” equities.

StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.

Defending Your Capital BookBuilder™ is about Simply Keeping It, Yours

30 April 2014 Update

Our BookBuilderTM portfolios aim at building the children's education fund so they do not leave school burdened like a borax mule with vitality sapping debt. Build your own deal book. Run your online trading income account with our “likeables” because you need "to save your own bacon."

BookBuilder™ is about Simply Keeping It, Yours. Keeping it yours is your intention when you save. We enable you to build value. Build your own deal book in your online trading account to keep your capital safe and growing in value. Keep your money and obtain a hopeful return, yours.

Holding on to the value of what you have created is fundamental. Ancient wisdom tells us the feast we enjoy today will very possibly move off our table. You build for a hope filled future when you have enough to do what is in your heart and skills to take-on doing for yourself. Cash only has a temporary value that time erodes. Cash is powerful only when it is engaged in business processes creating more wealth, adding value. Cash must be invested to hold and grow, by adding value.

The financial products industry is an industry that covets spending your savings for themselves. They do not see your pocket as their restraint, rather their opportunity. Do not loan them your pocket-book on empty promises they have never delivered. Avoid these traps laid by financial products conspiring to artfully exploit the small investor of hard-won savings. These Artful Dodgers are just skilled pick-pockets, in suits bought with your cash. Avoid these ‘Goats’ that come to just eat your grass, graze your wallet, and leave.

What is the alternative for the small investor? We are, because, we can.

We shun the likely rude wealth takers among corporate fiction doppelgängers under management that are not “likeables” because we can reasonably identify and shun them. You want to keep your money and obtain a hopeful return above the rate of inflation. Our “likeables” stocks portfolios do this while being risk averse. That is indeed why they are likeable. “Likeables” is proven investment method built on new theory of the firm1.

BookBuilder™ portfolios are of just our lowest cost "likeables" our methods identify. Because we can, our proprietary information is given freely in charity to enable small investors to keep their savings growing into their wealth. Our method is proven in long term portfolios earnings consistently exceed inflation. Grow your savings for children’s tuition, retirement income or nest building. Because you need to run your own online trading account to “save your own bacon."

"for the value of money is also perishable." Jean-Baptiste Say , 1803

What investors expect of financial products is a way to secure their hard earned savings while growing their wealth. The circularity of ‘investment talk’ is what Alice gets at the Tea Party.

“Take some more tea,” the March Hare said to Alice very earnestly. “I’ve had nothing yet,” Alice replied in an offended tone: “so I ca’n’t take more.” “You mean you ca’n’t take less,” said the Hatter: “it’s very easy to take more than nothing.”

Pretty much, they have taken it all before you arrived. “Alice, meet Dr. Artful Dodger.”

“

of 8







Our calculated Risk Price (SF) is provably the least stock price at which the company is “likeable” while determined by “risk aversion”. Equities trading above our benchmark Risk Price are those investors tend to like. Two of three continue to rise due investors’ behaviour. These are “likeables” revealed by their Risk Price. By setting the $topLoss on each, the 1 of 3 ‘laggards’ will be cut before they damage capital safety while the rest continue to make substantial gains. By reinvesting cash to capital the portfolio grows in value through the long term while always remaining "as good as cash" being liquid when a time comes as you need it as cash from running an income portfolio.

Throughout the year the big-guy institutional portfolio managers abused the massive holdings they claim in your name on news and gossip they make-up. Volatility has been high. Confused response of 50 to 100 point swings and round-abouts day after day on “surprising” news on QE, even as Q4 reported 3.2% GDP growth, but employment lags. The Artful Dodgers’ baseless gambling with your money always pays themselves first, for their “reasons” that do not help you.

Their rumours ping-ponged as they did not read or connect dots that, “Quantitative Easing will continue until 6.5% unemployment is obtained.” Cash on balance sheets will eventually need to be allocated to new demand and jobs in the real economy as consumers spend and demand. Despite long evident strong real growth, capitalization in jobs creation by innovation has stalled, along with political leadership overwrought on fugitive tales from their dog-walkers. The market mavens pushed ahead levels floated on Quantitative Eating. Taper-talk fear was just hot-air, market making newspeak, volatility tales wagging dogs. They follow gossip. Convictions they have, and plenty more are now finally indicted, but no reasons can they offer, and no help for you comes from them.

StockTakers sensibilities of firms managing debt structure remain, proven. Our very reasonable “likeables” in NYSE have lead to 98.64% gain in 17 months, 48.12 % on TSX. We call that proof!

Cash must be engaged in effective business processes to gain from value added by valiant business enterprises. So, expand your portfolio. With a little new savings you have earned and set aside you should add, to your portfolio as we showed the end of August. That will have gained 30.75% for you on NYSE, or 24.00% on TSX for these eight months, ready for riding through more waves from comic behaviours in politics infused market gossip. Tapering will ease into regaining employment. Demand grows economies. That is the means to easing debt. Grow your wallet.

Cash is powerful only when it is engaged in business processes creating value, building and adding wealth. Cash must be invested as capital to hold and grow value, building wealth, yours. Let others chase the gamblers’ risk/reward model that rarely works. So called “financial advisors” at institutions are Capital Appreciation Robbers, CAR sellers, selling financial products for their unworthy fee-taking but none left for you. Do not give those Artful Dodgers your wallet.

Our view prefers risk aversion and is rewarded. Less risk for more reward sounds strange but “likeables” prove works. Our charity shares our proprietary information to empower small investors to “save your own bacon.” But you can be charitable. Consider paying-forward our charity by donating our usual 2&20 fee to social charity. Good social and corporate works deserve2 your help.

“

of 8







In the meantime enjoy our charity in public service providing BookBuilderTM portfolios, because we can. Use our proprietary “likeables” information for the small investor to stand up and save your own bacon. Set the $topLosses and get on with earning income from your business you know best.

BookBuilderTM Portfolios Update List – 30 April 2014

NYSE BookBuilderTM "likeables" Firms (30 November 2012)

Market Price

Symbol SF (Risk Price)

Stop/Loss

Boston Scientific Corp 12.61 BSX $13 $13

Huntington Bancshares Inc ($topLoss sold 03feb14) HBAN $9 $8

Hudson City Bancorp Inc ($topLoss sold 03feb14) HCBK $9 $9

LSI Corp 11.14 LSI $10 $10

MGIC Investment Corporation 8.60 MTG $5 $7

Mitsubishi UFJ Financial Group Inc ($topLoss sold 24may) MTU $7 $5

Micron Technology Inc 26.12 MU $20 $20

Office Depot Inc ($topLoss sold 6jan14) ODP $4 $4

Regions Financial Corp ($topLoss sold 03feb14) RF $10 $10

Buy-ins 30Jun2013

Sprint Nextel S $5 $7

Sirius XM Radio Inc. ($topLoss setting on 10Q-3) 3.19 SIRI $2 $3

Buy-ins 31Jul2013

Fiat SPA ADR 12.10 FIATY $6 $10

Buy-ins 31jan2014

Zynga Incorporated ($topLoss sold 24may 4.00 ZNGA:US $4 $4

Buy-ins 28feb2014 *100 shares each

AK Steel Holding Corp 7.00 AKS:US $7 $6

Carrefour SA ADR 7.71 CRRFY:US $5 $7

LM Ericsson Telephone Company 11.98 ERIC:US $11 $12

Current Portfolio Value *100 Shares (incl. Dividends) 30 April 2014 / 30 November 2012

10864.00 /5460.00 Gain 17.0 months

98.64%

Net Cash Forward * 100 (after buy-ins 28feb2014) 278.00 Net Cash * 100 (after $toploss sale ZNGA) 400.00

Net Cash Forward * 100 (after buy-ins 28feb2014) 678.00

Buy-ins 30apr2014 *100 shares each

Frontier Communications Corp 5.95 FTR:US $5 $5

Net Cash Forward * 100 (after buy-ins 30apr2014) 83.00

Current Portfolio Value *100 Shares (incl. 10864.00 /5460.00 Gain 17.0 98.64%

“

of 8







Dividends) 30 April 2014 / 30 November 2012 months Footnote:

Stop-loss settings intend to defend capital from unusual negative market volatility as in case of such irrational market mavens’ pressures of late January and early February. Irrationally volatile swing occurred as the prices sharply rebounded without regard for reason. New highs were recorded in the next week showing a 6% swing in days. Capital was defended as intended but you must now rebuild the portfolio with replacement buy-ins as shown above. If you did not pay for the stop-loss positions you took the risk but can carry-on, all rebounded above their Risk Price and $topLoss. BookBuilderTM 2012 without Stop Loss Rebounded (thankfully, this time):

New NYSE “Likeables” (to replace $topLoss sold) (Pending Need for Change or investing new Savings) Boyd Gaming Corp 11.82 BYD $10 $10

Janus Capital Group Inc 12.13 JNS:US $12 $10

Logitech International S.A. 13.45 LOGI $8 $12

Marvell Technology Group Ltd. 15.86 MRVL:US $12 $14

New NYSE 2013 Portfolio Buyins *100 shares (31 August 2013 )

4397.00

JetBlue Airways Corporation ($topLoss 25apr14) 8.00 JBLU $7 $8

Compuware Corp ($topLoss sold 29jan14) CPWR $10 $10

Genworth Financial Inc 17.85 GNW:US $15 $15

Lloyds BankingGroup PLC ADS ($topLoss sold 28mar14) LYG:US $4 $4

OfficeMax Incorporated (Bought by ODP) OMX:US

Buy-ins 30nov2013

Callaway Golf Co ($topLoss sold 13feb14) ELY $7 $8

Idenix Pharmaceuticals Inc. ($topLoss sold 27mar14) IDIX:US $5 $5

Buy-ins 31jan2014

Viskase Companies Incorporated 8.1 VKSC:US $4 $7 ZTE Corporation ADR (H Shares) 4.3 ZTCOY:US $4 $4 Buy-ins 28feb2014 *100 shares each Atmel Corporation 7.77 ATML:US $7 $7 Buy-ins 31mar2014 *100 shares each Graphic Packaging Holding Company 10.26 GPK:US $7 $9

BookBuidersTM 2013 NYSE Portfolio (including dividends) 30 April 2014 / 31 August 2013

5749.00

/4397.00

Gain 8.0 months

30.75%

Net Cash Forward * 100 (after buy-ins 31mar2014) 91.00

Net Cash * 100 (after $toploss sale JBLU) 800.00

Net Current Cash * 891.00 Buy-ins 30apr2014 *100 shares each

“

of 8







AK Steel Holding Corp 7.00 AKS:US $7 $5

Net Cash Forward * 100 (after buy-ins 30apr2014) 1.91

BookBuidersTM 2013 NYSE Portfolio (including dividends) 30 April 2014 / 31 August 2013

5749.00

/4397.00

Gain 8.0 months

30.75%

Footnote:

Stop-loss settings intend to defend capital from unusual negative market volatility as in case of such irrational market mavens’ pressures of late January and early February. Irrationally volatile swing occurred as the prices sharply rebounded without regard for reason. New highs were recorded in the next week showing a 4% swing in days. Capital was defended as intended but you must now rebuild the portfolio with replacement buy-ins as shown above. If you did not pay for the stop-loss positions you took the risk but can carry-on, all rebounded above their Risk Price and $topLoss.

Engage “Likeables” and save your own bacon. Equities that tend to hold their value and gain are better than cash. We like risk aversion, Capital Safety and Liquidity because we have proven that works, for low risk and high AlphaSmartTMgains.

For small savings it is needful but arbitrary you feed at the low price-point end of "likeables" found in the market. Those “likeables” fitting criteria for small investors are already in use in the BookBuildersTM. What is essential in your portfolios is that you buy a full complement of at least eight or preferably more equities at any time (preferably in equal blocks of 100 shares for 'collaring options' as exit strategy to maximize gains (instead of stop-loss as so many “likeables” rebound as this month has shown), often continuing to hold through volatility and earning more gains).

Do not expect perfect of Risk Price. Tendency for gain is not the same as pin-the-point on the mule as most encourage or seek. Let others chase the gamblers’ risk/reward model. Risk Price is what investors need to know. Risk aversion comes of a diverse range of our “likeables” in your portfolio. Our proprietary “likeables” information allows small investors to save your own bacon.

TSX 2012 BookBuilder TM “Likeables” Portfolio (30 November 2012)

Market Price

Symbol SF (Risk Price)

Stop/Loss

Algonquin Power & Utilities Corp (Stoploss 020jun) AQN $6 $7

Canexus Corporation (StopLoss sold 08aug13) CUS $7 $4

Denison Mines Corp. (N*rise sell 31dec13) DML $1 $2

Enerflex Ltd. 17.44 EFX $12 $16

Manitok Energy Inc. (N*rise sell 31dec13) MEI $3 $2

Maxim Power Corp (StopLoss sold 27jun13) MXG $3 $2

Martinrea International Inc ($9 $topLoss 25nov13) MRE $10 $8

Precision Drilling Corporation 14.25 PD $12 $11

Superior Plus Corp. (N* decline sold 30sep13) SPB $10 $11

Trinidad Drilling Ltd. 12.26 TDG $7 $10

“

of 8







Buy-ins 31Jul2013

Cott Corporation 8.9 BCB $8 $8

Buy-ins 31Aug2013

Air Canada (StopLoss sold 12feb14) AC.B.TO $4 $4

Buy-ins 30Sep2013

Ballard Power Systems Incorporated 4 BLD $2 $3

Maxim Power Corp 3.01 MXG $3 $2

Savanna Energy Services Corp. (StopLoss sold 6mar14) SVY $9 $7

Buy-ins 30nov2013 *100 shares each

Bombardier Inc. (N*drop sell 31dec13) BBD.B $4 $4

Nordion Inc. 12.67 NDN $9 $10

Buy-ins 31dec2013 *100 shares each

Chorus Aviation Inc. 3.45 CHR.B $3 $3


Algonquin Power & Utilities Corp. 7.88 AQN $6 $7

Buy-ins 31mar2014 *100 shares each

Gran Tierra Energy Inc. (StopLoss sold 7apr14) 8.00 GTE $7 $8

TSX 2012 BookBuilder TM Portfolio Value

(including dividends) 30 April 2014) / 30 November 2012 9327.75 /6391.00 Gain 16.0

months 48.32 %

Net Current Cash after 28feb14 Buy-ins *100 shares 50.00

Net Cash * 100 (after 06mar14 stoploss sale of SVY) 800.00

Net Cash for Buy-ins *100 shares 850.00


Sherritt International Corporation 4.64 S $4 $4

Net Current Cash after 30apr14 Buy-ins *100 shares 356.00

TSX 2012 BookBuilder TM Portfolio Value

(including dividends) 30April 2014) / 30 November 2012 9327.75 /6391.00 Gain 17.0

months 48.32 %

New TSX 2013 Portfolio Buyins *100 shares 31 August 2013

6282.00

CAE Inc. 14.47 CAE:TO $9 $14

CML HealthCare Inc. (Bought by LifeLabs) CLC.TO $9 $9

Celestica Inc. 12.16 CLS.TO $9 $10

Hudsons Bay Company ($topLoss 27dec) HBC.TO $19 $17

Leon's Furniture Limited (StopLoss sold 30apr14) 15.00 LNF.TO $12 $15

Buy-ins 30nov2013 *100 shares each

Ainsworth Lumber Co. Ltd. (StopLoss sold 10mar14) ANS $3 $3

Capstone Mining Corp. (StopLoss sold 29jan14) CS $3 $2

“

of 8







Western Forest Products Incorporated 2.19 WEF $2 $2

Buy-ins 31jan2014 *100 shares each

Algonquin Power & Utilities Corp. 7.88 AQN $6 $7

Bankers Petroleum Ltd. 5.97 BNK $4 $5

NuVista Energy Ltd. 10.94 NVA $7 $8


Denison Mines Corp. (StopLoss sold 30apr14) 1.50 DML $1 $2


Advantage Oil & Gas Ltd. 6.94 AAV $4 $4

New TSX 2013 BookBuilder TM Portfolio 30 April 2014 / 31 August 2013

7789.50 /6282.00 Gain 8.0 months

24.00%

Net Current Cash after 31mar2014 Buy-ins *100 shares 37.00

Net Cash * 100 (after 31dec2013 sale of LNF. DML) 1650.00

Net Cash for Buy-ins *100 shares 1687.00

Buy-ins 30apr2014 *100 shares each

Fortuna Silver Mines Inc. 4.54 FVI $4 $4

Osisko Mining Corporation 7.85 OSK $7 $7

Semafo Inc. 4.10 SMF $4 $4

Net Current Cash after 30apr2011 Buy-ins *100 shares 38.00

New TSX 2013 BookBuilder TM Portfolio 30 April 2014 / 31 August 2013

7789.50 /6282.00 Gain 8.0 months

24.00%

(Pending Need for Change or investing new Savings)

Crew Energy Inc. 12.42 CR $11 $11

Enerplus Corporation 24.31 ERF $17 $21

Just Energy Group Inc. 8.71 JE $8 $8

Resolute Forest Products Inc 19.54 RFP $15 $16

Trican Well Service Ltd. 14.27 TCW $14 $14

Whitecap Resources Incorporated 13.51 WCP $13 $13

Vigilance while these below are nearing but still trading below Risk Price and not yet “likeables” so are

still not risk averse buy-ins.

Acadian Timber Corporation 12.6 ADN $13 $12

Manitok Energy Inc 2.50 MEI $3 $2

Nevsun Resources Ltd. 3.72 NSU $4 $4

Talisman Energy Inc. 11.33 TLM $12 $12

Tembec Incorporated 2.42 TMB $3 $2

Engage “likeables” and save your own bacon.

“

of 8







Our reasons for having any equity in our portfolios are clear, concise and consistent, “likeables” are equities valued by market investors, 2 of 3 tending to gain, as investor preferences hold the stock at prices above the Risk Price. “AlphaSmartTM gains, Capital Safety and Liquidity” are consequences we obtain through risk aversion that our Risk Price enables. That is proven. It is the price of risk3 because that’s the price at which we can reasonably expect to get our money back with a possible and hopeful return that exceeds the rate of inflation. That proof is here in your hands, as we continue to show as above, because, we can.

Know What You Have, and only, Have What You Know. Our view is risk averse. Of course we require 2&20 fees for doing that. Mail us for our help. Hans Goetze, Architypes Inc. [email protected] and StockTakers Limited [email protected]

Head Office

76 Midridge Close SE

Calgary, AB

T2X 1G1

351 Chemin Boulanger

Sutton, PQ

J0E 2K0

450 538-1270

1 E. Goetze,“The Modal Geometry of the Firm and the Balance Sheet Worth of the Trading Connections”, 2006, available on

request. 2 http://www.slideshare.net/HansGoetze/the-corporate-social-on-our-best

3 http://riskwerk.com/2012/08/26/the-price-of-risk/

BookBuilderTM 30apr14

Economy & Finance

Transcript of BookBuilderTM 30apr14