ELLENS DEGENERATES SHARE CLUB MINUTES
March 27, 2012
Miles Nadal Community Centre
7:30 p.m. – 9:30 p.m.
Meeting facilitator: Mary Renner-Dray
We revisited our members' past stock picks from January 17, 2012. As of March 27, 2012:
- Lululemon (TSE:LLL): +20%
- Starbucks: (NASDAQ:SBUX): +16.28%
- Saputo: (TSE:SAP): +11.61%
We reviewed Constellation Software (TSE:CSU) and Qualcomm (NASDAQ:QCOM) respectively as we discussed how the Technology sector fits into the sector rotation and stock market trends.
We also looked at cyclical buying opportunities based the book “Seasonal Market Trends”
During our round table stock review, Inter Pipeline Fund (TSE:IPL.UN) was recommended. More information can be found stockchase.com. Fund Manager Michael Decter of Redwood Diversified has followed this stock with positive outlook.
Just a reminder technical support is available during Open Forum for members who have troubles getting Club emails or invites.
Next month we will have David Stanley, co-founder of Guelph Share Club and contributing writer for Canadian Money Saver to come and speak to us about dividend invest. Please stay tuned for exact date and time.
THANKS TO EVERYONE FOR A GREAT MEETING!!!!