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Saturday, March 23, 2013

My portfolio value on date of March 23, 2013


Savings: $1 136

Non registered Investments:
Stocks and Units investment portfolio $CAN

Sprott Inc. (SII): $3 667.15
Timminco (TIMNF): $0.40
Blue Note Mining (BNT): $6
Bank of Nova Scotia (BNS): $6 539.50
Hanwei Energy Services (HE): $45
Methanex Corporation (MX): $4 276.56
Fortis Inc. (FTS): $3 673.30
Pembina Pipeline Corporation (PPL): $14 405.16
Just Energy Group Inc. (JE): $5 307.04
Pengrowth Energy Corporation (PGF): $1 237.40
Enbridge Income Fund Holdings Inc. (ENF): $8 514.22
Corby Distilleries Limited (CDL.A): $2 264.35
Davis + Henderson Corporation (DH): $4 637.52
Premium Brands Holdings Corporation (PBH): $7 974
EnCana Corporation (ECA): $4 051.84
iShares S&P/TSX Capped REIT Index (XRE): $2 616.46
Horizons Gold Yield Fund (HGY): $1 765.71
Canfor Pulp Products Inc. (CFX): $1 277.64
New Flyer Industries Inc. (NFI): $2 115.36
Exchange Income Corporation (EIF): $9 053.46
Rogers Sugar Inc. (RSI): $603.25
Student Transportation (STB): $659
Colabor Group Inc. (GCL): $782.34
TMX Group Inc. (X): $441.84
Data Group Inc. (DGI): $1 577.48
K-Bro Linen Inc. (KBL): $3 305
Westshore Terminals Invest Corp (WTE): $5 767.08
WesternOne Inc. (WEQ): $3 287
First Majestic Silver Corp (FR): $1 706
Kinross Gold Corp (K): $1 256.32
TransCanada Corp (TRP): $1 240.25
Canadian National Railway Co (CNR): $3 980
Firm Capital Mortgage Investment Corporation (FC): $545.20
Enbridge Inc. (ENB): $1 312.08
Agrium Inc. (AGU): $2 676.70
Canadian Utilities Limited (CU): $1 615.53
Veresen Inc. (VSN): $861.96

Chorus Aviation Inc. (CHR.B): $638.04
Crescent Point Energy Corp (CPG): $865.48
JFT Strategies Fund (JFS.UN): $1 970
Geovencap Inc. (GOV): $0.60
Bombardier Inc. (BBD.B): $527.80
Heroux-Devtek Inc. (HRX): $451
Black Diamond Group Ltd (BDI): $532
Emera Inc. (EMA): $868.50
Cineplex Inc. (CGX): $842.50

TOTAL: $121 741.89

Stocks and Units investment portfolio $US:
Sprott Physical Silver Trust ET (PSLV): $1 792.94
Cash: $4.12

TOTAL: $1 797.06 US

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): $27.24
Dumont Nickel Inc. (DNI): $186.88
Sprott Physical Silver Trust UTS (PHS.U): $2 325.60
Sprott Strategic Fixed Income Fund (SFI.UN): $427.50
Healthlease Properties Real Estate Investment Trust (HLP.UN): $1 040
Keg Royalties Income Fund (KEG.UN): $764.50
RioCan Real Estate Investment Trust (REI.UN): $953.75
Precious Metals and Mining Trust (MMP.UN): $900
Cash: $53.45

TOTAL: $6 678.92

RSP investment portfolio:
Sprott Canadian Equity Fund: $4 299.90
iShares Gold Bullion Fund (CGL): $4 846.92
EnCana Corporation (ECA): $2 006.44
Emera Incorporated (EMA): $7 781.76
Sprott Physical Silver Trust UTS (PHS.U): $775.20
Toronto-Dominion Bank (TD): $1 259.40
Cash: $4 793.86

CIBC Dividend Growth Fund: $601.03
CIBC Emerging Markets Index Fund: $316.09
CIBC Monthly Income Fund: $1 064.58

Energy and Base Metals Term Savings (Indexed term savings): $577.30
Natural Resources Term Savings (Indexed term savings): $502.06

GIC National Bank: $1 227.70
GIC Plus TD: $500

Maritime Life International Equity Fund
(Templeton): $584.15
Manulife Simplicity Growth Portfolio: $945.96
Maritime Life CI Harbour Seg Fund: $1 119.93
Maritime Life Fidelity True North Seg Fund: $1 094.10
Manulife GIF MLIA B World Invest: $736.95

Great-West – various: $1 957.04
Various other mutual funds: $675

TOTAL: $37 665.37

Social Capital at Desjardins Membership share: $40

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
($104.96):
$169 164.20

Rob Carrick new sexy darling: Richardson Packaging Income Fund (RPI.UN)

I just read Susan Brunner post about Atlantic Power Corporation. Its not the first time she's written about this company. Its quite fascinating to know that this company its not earning any money, but they pay out a huge amount only to support their dividend distribution. I used to have Atlantic Power Corporation in my portfolio. That was back in 2011. I recently sell ATP, a few days ago. And I am very happy that I did. Since I sell my shares of ATP, I just continue watching the stock going up and down. But now, I must say that I am very very sure I did the right move.

Friday was pay day but after rent, student loan and banking fees, I only have left a tin cuty little $425. And my mom is visiting me for Easter so its kind of pretty sure that I will be spending a bit of money... Spring is slowly coming. It a major deception to see that snow on Montreal while we didn't have any left. I am not a winter fan.

Rob Carrick is slowly getting better at what he does. After the boring usual financial articles, he now decided to feed us with some better stuff. Ok, just read this: "A small-cap stock with a large-cap dividend"... I know, it is hard to believe that something soooo cooollll is coming from  the pen of Rob Carrick. It change from the usual boring blabla about should I invest in real estate and other even more boring stuff. In a middle class situation, you need to be a complete moron to buy in a city. And if you buy now in Montreal, its mean you are much more than a moron.

For once, Rob Carrick have it all and he finally understood that the blablabla about real estate and retirement is simply of no interest at all. Carrick hot new dividend stock is: Richardson Packaging Income Fund (RPI.UN). The fund pay something like a 8% dividend yield. After I had sold ATP, I need to restructure my portfolio and finally get organize. Currently, my projected annual dividend income for 2013, without counting RRSP, is of $7 288.87. I taught it was going to lot less, like of the like of 6 500... CATASTROPHIC. But no, I am at $7 288.87 ($607.41 annually). My monthly rent is at $610 per month, so I almost almost able to cover my rent. $610 is quite a bunch of money just for rent. I could spend less in rent, but I will have to move and I probably will have to take the metro everyday to go to work, another $80 expense. 

I am thinking of investing a 1k in Richardson Packaging Income Fund (RPI.UN) inside my TFSA. That way, I will be back on where I used to be in term of dividend earnings, and the equivalent of my monthly rent will be pay. RPI.UN is cheap and its value is always around the $10 per unit. This is not a fabulous grow stock, but the company is interesting for its dividend and stability in the value. I wouldn't recommend to invest thousands in this one, but a 1k would just do the thing, a mini dividend juicy boost.

I previously chat a bit about Telus Corporation (T). I am thinking of adding that one to my RRSP. I have a 4k in cash inside my RRSP. Investing a 2k in Telus would just do the thing. I used to also have my eyes on BEP.UN, but I prefer to buy it at a lower price. This title is quite volatile and it doesn't really worth it to buy BEP.UN on top of its game. As for Telus Corp, I don't have any problem at buying at anytime.

I am just surprise at my abilities to deal with hell and still be able to pop it like heaven in term of dividend. My hell been with ATP and its now completely offer. Or almost. I enroll in a class law suite against ATP with a New York Firm, Levi & Korsinsky. I hope to get my hands on a few hundreds with that one. I don't mind if it take 2, 3, 4 or 5 years because I haven't lost my skirt on that one, but $1 900.

Losing a 2k or so on a stock didn't got me down to the ground. I actually felt much much better once ATP was out of my portfolio. Fact is, I can declared that amount (2k) as a capital loss. And currently, my non-registered is at $121 536.97, +0.79$, +$958.22. Since the economy is getting better in the States, I think my portfolio could gain, I hope, something like 5% by the end of the year if I continue doing smart investing moves and stop gambling with my money. Its pretty much achievable. Just like earning a 8k in annual dividend. I am just missing $643.49 ($53.62). Almost there.

Monday, March 18, 2013

Hey, what's up with the TFSA at TD Waterhouse buddy

My non-registered portfolio is at $122 203.72, +$1 624.97. I have great gain with stuff like Methanex (MX). I bought my shares during the 2008 stock crash... And now, the value had more than double... At least on that one. I took a quick look at Atlantic Power Corporation (ATP). Was it a great move for me to sell ATP? OH YES. Now, I really have no doubt about it.

I find it somewhere soooo innocent and sweet the last post from mine (after reading the comments, I find it very funny). Now you can tell yourself: the bitch really doesn't know what she's talking about. I was dreaming of a double dividend on a split. Who knows, maybe that's what going to happen!!! LOL. I am just wondering how in the world can some people wrote that I am retarded. Canadians are no longer what they used to be.

Remember that investment I made inside my TFSA in Precious Metals and mining Trust (MMP.UN)? Well, the investment is up to $5 per share, very closed to what I bought it. I now have $53 in cash and I would like to get it in cash. Problem is, with TD Waterhouse, it used to be like this: one withdraw per year, after one, you pay fee!!! I don't know if its like this still, but no matter what, with a portfolio that exceed the 100k value, what the hell TD Waterhouse, you need to obey me, and give me what I want.

This is not Alice in Wonderland, its the real life story of the Dividend Girl!!!

Saturday, March 16, 2013

My next trade? Telus Corporation (T)


I wake up really late this... afternoon lol. I got ready, hit outside, went for a coffee. It was supposed to be a walk diet for a couple of hours but I find it cold outside so I simply went back home and log in my broker account. I cheat on my diet (I got a piece of cake with my coffee), but without sugar I am nothing. I am a sugar babe. 

Other than that I didn’t eat that much so it won’t be a disaster. I am drinking water for once. I began to feel hungry, but feeling hungry is sign that I am alive. I guess I had loss a bit of weight but it’s impossible to say since I don’t have any scale. I really need to go for a walk tomorrow or nothing will happen. Or I just keep going with the feeling hungry syndrome.

Once back home, I was quite happy to see my non-registered portfolio at $122 157, +1.31% (+$1 577.99). I am expecting an interesting month for my dividend income, something around $700 I guess. I am getting paid this week so I will have a little something left to invest in something new. My margin value is at $16 527.19 and I have 25k available on my credit lines for emergencies. I plan to invest inside my TFSA so whatever money made will be 100% free of tax. I am slowly getting there, but the major reason is that my portfolio is stronger now, but I am still using a great deal of my margin.

I am just very happy that Atlantic Power Corporation (ATP) is no longer from my portfolio. ATP closed last Friday session at $5.46. If I would have continue to that “sucker” as name by the one and only Lou Schizas, I would had fall into depression. The stress endured for holding ATP is unbelievable. I had trouble to fall asleep because I was thinking of that shit over and over again. I went through a lot of thing in my years of investment but I never had trouble to get my beauty sleep because of what I was doing on the stock market. Another situation that really stressed me out is when the earthquake happened in Japan. I really taught that the TSX was going to take an in deep plunge, but it didn’t. It was also a humanitarian sad event. It wasn’t exactly easy. But those events had no effect on the Canadian stock market – which I find very strange. The TSX take a hit every single time something bad is announced regarding the Euro zone, but when something really bad happen in a financial healthy country, nothing happen.

I may had loss $1 900 by selling ATP, BUT, that money will be declared as a capital loss (meaning kind of a tax credit) AND also, well just look at it now, my portfolio is at +$1 577.99, which is terribly close to the $1 900 and I have like 2k available for new investments and dividend income just keep coming kicking off. I am not dealing with a catastrophic situation here. It is not too bad. I am actually quite pleased on how well things are going. Class actions just continue to pop up one after the other against Atlantic Power Corporation (ATP). The latest on the list being Morgan & Morgan. I signed in with Levi & Korsinsky and things are now officials. On March 15, Levi & Korsinsky has commenced a class action lawsuit. I hope to be able to get a few hundred. I have no idea on how much I can earn, but at least, I have battle for my investor rights, you need to respect that.

Following my comment on his blog, Lou wrote me an email:

“Hey Sunny,
As I was taught - cut your loses and get to your next trade!
Happy Capitalism!”

Too kind. Thank you Lou. I like the fellow. Happy Capitalism is his trade mark sentence, the pitch of a ball. Mine is Hot and Sexy Sugar Babe addicted to sugar and other stuff you don't really want to read about on a financial blog.

For now, I am thinking of my next investment. And I cannot really wait! I am interested by BEP.UN, by the ABC stock of Derek Foster and a few other I talked about previously. I am always looking for new stocks to invest in. Readers are good to give me some hot picks. But sometimes, reader picks are too hot. I don’t want to burn myself anymore. I don’t want any more night of insomnias. I just want a portfolio that I can rely on, I want to be able to go to work without having to stress about my portfolio when I really have no time to full around.

This chick knows what she wants. In his latest newsletter, Derek Foster chatted about Colgate that’s going to split 1-2. Nice, but Colgate is a US stock. And it is also, I guess, terribly expensive (I didn’t look at its price value). Image this: I have found my very own sexy and Canadian split 1 for 2... It’s a company I talked about investing in and now is just the perfect time. It is the perfect time to invest in Telus Corporation (T)!

During a stock split, generally speaking, after the split, usually, the stock title gains value. And also, a stock split means you are in position of doubling the dividend income on the stock. Let say that on Monday I invest in 30 stocks of Telus, after the split, 1 for 2, I will own 60 stocks of Telus and my dividend income on the stock will go from let say $60, to $120. That’s kind of hot isn’t? It is really hot. So I guess that this time, I really had come with my very next stock pick.

I recommend to all an investment in Telus BEFORE the split event because it’s going to be sexy cool and $$$, super lucrative.

Wednesday, March 13, 2013

Atlantic Power Corporation (ATP) is no longer from my portfolio

Lou Mailbag just wrote an awesome post on ATP, on which I comment. Basically, Lou is saying everything I am thinking of ATP. I registered a capital loss of $1 900 and I was able to get my hands back on $1 300 that I will later on reinvest once I get plug in on something better.

I completed the transaction on March 11. Once completed, I felt much much better. Sure, its a pain in  the ass to be losing $1 900, but $1 900 is not that much of a big deal. I didn't feel sad and I don't feel sad of it now. I just feel better. And after reading Lou latest post about ATP, I am feeling even better about my decision.

ATP is not longer from my portfolio.

I am currently looking for a part-time job as a cleaning lady. It will be a good way for me to get the exercise that I terribly need and also, it will help me recover from that close 2k loss.

The result of my portfolio was very good anyway. I was at the very close 123k yesterday for my non-registered portfolio.... but today, it felt to something of the like 118k.

I am going to bed now, I am tired already.

The diet is going on well.   

Sunday, March 10, 2013

It’s a portfolio and a dividend girl body disaster


It’s official; I began my weight loss program yesterday. Now, the trick is to keep REMEMBERING that I am on a weight loss program. LOL. Losing weight is really not a major priority but I will look sexier in a bathing suit if I lose a few pounds. How much do I need to lose? I won’t tell, but it’s not enormous. I am not a very big fat girl. I don’t have a scale so I have no clue of what I am at right now. This mean no eating out, bringing my lunch at work, and also healthy snack, eating breakfast home and drink more water.  

:)

I am not into soft drink, I don’t eat chip, but I have a sweet teeth. I need to cut on the sugar and everything that taste sweet. So far so good, I felt like eating a chocolate bar yesterday and while I was going to buy it, I look at the number of calories.... over 200 calories for a Caramilk. So I simply put back the exquisist chocolate bar on its rack and that was it!

I gained weight about 2 years ago while working at 3 jobs at the same time. I was working most of the time and I wasn’t exercising enough. I used to spend all my weekend walking around in Montreal, but at a point, I was working even during the weekend and when I hit back home, I usually hit my bed. Unfortunately, I haven’t work at fixing the problem ever since. Part of the reason because I find myself pretty anyway. But it will be nice to have everything thigh up. I have a bit of a bully I want to get rid for my wealth and also well to look sexier completely naked and of course, post the pictures online.

I am not naturally slim and I am not a naturally pretty girl. I need to watch out a lot to be slim and I need to apply makeup and I need my hair coloration to be a pretty cute girl. I am like those superstars: without makeup, I am nothing.

Did I finally catch your attention now?

 ;))))

I never had been afraid to face my problems. It’s just a matter for me of getting into it, see what I mean.

I have attack my booty body problem and now what?

A punch in the face to Pauline Marois?

I have better thing to do than losing my time with Quebeckers.

I am a real girl with a real portfolio and right now, I am facing a bit of trouble with my portfolio. While facing problems, the worst you can do is to have a passive attitude. Right now, I have problems with a few stocks: ATP, DGI and JE are among the worst of what I am holding in my portfolio.

Currently, I am very concern about Atlantic Power Corporation (ATP).

Last week, I join Levi & Korsinsky, LLP regarding a possible law suit against Atlantic Power Corporation (ATP). To my surprise, I just notice today that there’s many other US law firm who have started a similar investigation: Law Firm Johnson & Weaver, LLP, Holzer & Fistel, LLC, Ryan & Maniskas, LLP, Briscoe Law and Powers Taylor. There might be other law firms doing exactly the same thing.

In a two questions interview with Derek Foster, I asked him one of the 2 following question:

2. THE DIVIDEND GIRL: When you realize you just did one big investment mistake, how do you react? What do you do? Is selling the bad investment on which money is already been lost anyway and reinvest in a quality stock is the best way to get over it? 

DEREK FOSTER: I've made my share of stupid stock buys (and anyone who invests will at some point). If the quality of the company is not very good and I was wrong in buying it, I generally will look for a good time to sell it and reinvest in quality stocks. However, if it's just a short-term problem and the fundamentals of the company are still good long-term, you're usually better to simply hang on.

In my search of answer on if I should sell or not my investment in ATP, I remember – and we talked about this previously – the post of Susan Brunner about ATP. I also remembered Susan posting here on my blog regarding a comment I made... It was a long time ago. I was young, I had money to invest, and more than anything, I wanted the BIG dividend cash. But let say I learn my way.

The most amazing thing ever is that despite it all, my portfolio is taking the hit, my non-registered is at $123 906, with a gain of +0.03%... Despite DGI, JE, ATP, I am getting the head out of the water... But will it last?

This is what the analysis of TD Waterhouse has to say about ATP, among other “ATP is not profitable”. I don’t understand it at all, but I clearly understand the part “ATP is not profitable”.

Let’s go back to Derek Foster. Let’s read him again, over and over again:

If the quality of the company is not very good and I was wrong in buying it, I generally will look for a good time to sell it and reinvest in quality stocks. However, if it's just a short-term problem and the fundamentals of the company are still good long-term, you're usually better to simply hang on.”

From the very start, the quality of the company hasn’t been really good. Atlantic Power Corporation (ATP) problems are not short-term....

I began writing this post earlier today, I went for my diet walked, went back home... I am trying to find the answer to my question: should I sell or hold ATP?

It is now 7:50 PM on March 10 on the weekend my mom is celebrating her birthday.

I would like you to read this: “If the dividend is cut or eliminated there will be more pain and suffering for investors.”

And also: “The move up from the 52-week low seems to be in response to a severely oversold position as opposed to real enthusiasm for the growth prospects for the company. I don’t see ATP as a buy.”

Those sentences were written back in December 21, 2012 by Lou Schizas. I like to read Lou Schizas opinions in the Globe and Mail. While browsing the Web, trying to find out more about Atlantic Power Corporation (ATP) desperate situation, I went through different forums, my blog... and Lou Schizas blog, Happy Capitalist, among other.

All of what I am reading is pointing at the same direction: a sell and a no no buy.

I had a fellow blogger who wrote me once about ATP, asking me he should invest in it. That was a couple of weeks ago. My answer to him was not to invest in ATP, that I had missed my chance to sell at profit when I could. That fellow blogger received a very good advice that day!

So why I am able to provide good advice like that while I am stuck with some losers in my portfolio?

The problem being, once you have in your portfolio a troublemaker stock, it’s very difficult to deal with it. The assets of ATP are still there, the company exist and make money, but their very high level of debt is scary and they are now paying the price for their too high dividend distribution. ATP is facing major sell off... etc... and lawsuits too....

There’s really no way out and being there, continuing to hold the stock without doing anything more is just not ok anymore.

Now, it’s 8 PM and I am 90% sure that I will sell ATP.

As for data Group Inc. (DGI), I feel comfortable holding it for now, especially when the stock had recently gain some value. I also don’t have any problem for holding Just Energy (JE) at this present time.

My only concern at this time is ATP.

My body can be fix but can my portfolio be?

It’s now 8:44 PM and I am now done with this damn post.

Saturday, March 9, 2013

Atlantic Power Corporation (ATP) and New York law firm Levi & Korsinsky

We have beautiful sunny day here in Montreal so I going to write a little something before hitting downtown. I am trying to lose weight before the summer hit for good. It really cannot hurt so I am going to exercise a bit more. I was thinking of a gym membership but hey, it cost more than a $500 per year.. So if I cannot get slimmer just by walking, I am going to stay the way I am.

A few years ago, just before hitting back to New Brunswick - it was just 2 years ago actually, I was working at several jobs at the same time so I didn't walk downtown like I used to because I was working most of the time. From, my experience, its possible to lose a great deal of weight just by watching what I eat and by walking. But I really need to walk everyday.  I find it stupid to spend money on a gym membership knowing it cost so much. And I really need to watch my expenses. Its my mom birthday this weekend and I spend a good one hundred bucks on flowers. Not that I regret, but its another expense. I don't feel like asking my brother is part on the bouquet because he lived in Ottawa and his rent is terribly expensive. I am the big sis right, I can handle it all.

Its another reason why I did not reactivated the DRIP. I am always in need of money, there's always something. Like right now, I am in deep need of a new hair coloration. I taught of getting my natural color back, but I look at my roots, and ohhhh the natural color slowly began to show up. I had been coloring my hair for years now. I find I look better with a touch of magical red.

As for my body, in case you wonder, I am not extremely fat, I have very nice asset actually, but you know, for the health and everything, it will be better for me if I lose weight. And I never insisting on it before because I didn't really care, but I would like to be like before. Overworking had been a real huge problem. I am now not working as much today,  but I am thinking of freelancing more. But for that, I definitively need to work more... BUT, as you know, I had been reading all over again Derek Foster books. I began with the Healthy Boomer and I am now at the Idiot Millionaire.

As he said, it is a lot more easier to spend less than to work more... So I started getting more organize lately. I am usually frugal, but I guess I lost myself among the way. I am more tired at some point, so if I don't cook my lunch for 5 days during the weekend, it will never get done. For the past couple weeks I had been quite good on this, I only ate out a couple of times. I know what I have to do to save money, its just a matter of discipline, at this point. When I am done with work, I really don't feel like cooking or doing anything else. I walked my way back home and once home, I removed my makeup, I get into something comfortable, I eat a quick something, usually cereal or toasts and I open my laptop, check on my blog and stocks. That's why you something only get new comments. I sometime don't have anything new to say or I am just too tired. I am sometime at bed by 9:30. On good days, I stay up until 11. It depend.

I am just now wondering why I am writing this. LOL. I guess I really just want to write something because getting ready and go play in the sun.

Here's something maybe more interesting.

My non-registered portfolio is at $123 906. I am in a positive territory: +0.03%, +$33.77!!!
WOWWWWWWWWWW

Finally.

I have some cash available for a new investment. I talked about getting into BEP.UN stocks, but I decided to get some ABC stocks of Derek Foster. At first, the stock was not appealing to me at all because its dividend was only of 1%. But now that Derek Foster answer my first question, I understand a bit better his interest in that stock. That ABC stock is probably less volatile than BEP.UN stock anyway.

Now that my non-registered portfolio is in a positive zone, I have to focus on quality stuff. I probably invest in ABC inside my non registered portfolio to give a boost to my margin value, but I haven't figure it out yet. For now, I have left $15 656.99 in my margin value. For now, I am exceeding the 15k. Its a shame not to take advantage of the TFSA... So let say that my margin value has enough juice. In case of an emergency, I have a 15k available on 2 TD credit lines to save the margin.

I may have not paid attention, but the money used on the margin is exceeding the 52k. Ugly ugly. That need to go down to 50k if I want to keep a minimum balance. I will need to exercise a lot more so instead of trying to find some new stocks to invest in, for the next 2 months, I will just pay off my margin. The dividend money will also help me to decrease the margin.

My investment in DGI went up a little. ATP doesn't seem to be in good shape and I am seriously thinking of selling it and declare a capital loss on it. I enroll this week in the law suite against ATP with Levi & Korsinsky, LLP. I strongly suggest to any ATP investors to enter in. It made a great deal of sense what the law firm is saying. Once you complete the online form, they will send you an emaiol with another form. That one explain that it is absolutely free to join. Also, it doesn't matter if you are Canadian. I asked the question because Levi & Korsinsky is based in the US and have no office in Canada. I fax the form and I was told that if anything else was needed, they will contact me.

For this law suite to move forward, Levi & Korsinsky need the maximum investors possible to enroll. They need to  have the maximum shares possible. I own a bit more than 200 shares, not a big amount, but if all small investors enroll in the law suite, it could make a difference.

I never been afraid to battle for my rights and here's your chance to fight again like a sexy cougar. Enroll now if you had been holding ATP.

Wednesday, March 6, 2013

Possible law suite against ATP


My non-registered pop up to a fabulous $123 655. I am now at -0.18 %. I am only missing a $217.62 before hitting the positive territory. Data Group Inc. gains more than 20% today, to establish itself at $2.09 per share. ATP is under the $6 per share, no surprise. And check it out:

“SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by Atlantic Power Corporation, Inc.35 minutes ago by Business Wire Levi & Korsinsky is investigating potential claims on behalf of purchasers of Atlantic Power Corporation ("Atlantic Power" or the "Company") (NYSE: AT) securities concerning possible violations of securities laws in connection with statements made to investors between July 23, 2010 and March 1, 2013. 

Specifically, the investigation focuses on statements issued by Atlantic Power during that time period regarding the Company's dividend. On February 28, 2013, Atlantic Power announced that it would be reducing its dividend payment by 65% and that it had adopted a "poison pill" in advance of the disclosure. The price of Atlantic Power's stock fell more than 44% since the February 28, 2013 announcement.

For more information, click here: http://zlk.9nl.com/atlantic-power-at/.

If you own Atlantic Power stock and wish to obtain additional information about the investigation and your legal rights, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/atlantic-power-at/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130306006538r1&sid=cmtx4&distro=nx
SOURCE: Levi & Korsinsky, LLP”

I have file in the form. However, I did not enter the number of shares I hold of ATP. Levi & Korsinsky is a firm located in the US, the firm has no office in Canada. Also, to protect your privacy, I suggest you to do the same as I did: fill out the online form completely, at the exception of the number of shares. Don’t enter the number of shares you hold of ATP. Instead, enter a note saying that the information will be provided once the firm will send you a letter saying that it is free to join. If not, you know these Americans, ready to suck money everywhere they can. So be smart.

ATP is in big trouble....
 

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