First and foremost we wanted to wish everyone a happy, healthy, and prosperous new year and thank you for your continued interest in our research. 2015 will certainly not be remembered as an...
READ MORE >At DeVry Brasil, executing our game plan continues to be about adding valued acquisitions, launching new programs, marketing effectiveness and achieving operating leverage. By the way, we expect FX to moderate over the planning...
READ MORE >We spent much of last week reading, listening, and analyzing the slew of earnings releases, financial supplements, and conference calls from the largest banks across Canada. Had we known the results and...
READ MORE >Over the past few weeks, we conducted a survey of more than 50 rental property managers across the country. Overall the feedback from our survey suggests that CSGP management's assertions about the company's...
READ MORE >A company has finally surpassed the Maple Leafs as the worst run organization in Toronto… The latest development in the mortgage origination fraud scandal at HCG is both remarkable and...
READ MORE >Where were you on that fateful day, July 28, 2014 when Zillow announced its intention to acquire Trulia in a purchase that was valued at $3.5B at that time? It was a brutal time for short sellers as...
READ MORE >It truly is remarkable. Quarter after quarter, CSGP management talks about phenomenal traffic gains for its flagship properties and explosive growth in bookings. Yet, when the rhetoric melts away and questions are asking about organic or “core” revenue growth the answers are considerably...
READ MORE >A few things have become clear about HCG over the past several months: Management refuses to “clear the air” surrounding the extent of the company’s involvement in and potential exposure to mortgages...
READ MORE >In a letter released today, the Department of Education informed ESI that the company will be placed on a form of delayed disbursement of Title IV funds and become subject to even more stringent reporting requirements...
READ MORE >“By the minute I was getting paid like a hot line, Servin' rollin' fiends was calling, we was dot com, Well connected, well respected and well protected.”- Meek Mill/Wale....
READ MORE >On the surface everything in the Canadian housing market seems fine: home price appreciation nationally continues its unprecedented and meteoric run, housing starts remain a source of economic growth, and non-farm payrolls continue...
READ MORE >Let’s play a little game called “guess the country with a pending demographic crisis”. Here are some hints to start out with, for this country: 1) the median age has increased from 32.9 in 1990 to 40.5 in 2015, 2) the percentage of population...
READ MORE >After the close, National Bank of Canada announced that it plans to raise $300MM through a common equity offering of 7.2MM shares at a price of $41.90. The deal is “bought” and is expected to close on 10/9/15. Considering that much...
READ MORE >SELL/SHORT
$4
SELL
$50
SELL/SHORT
$45
SHORT
$18
SELL/SHORT
$5
SELL/SHORT
$42
LONG
$75
LONG
$128
SELL/SHORT
$50
SELL/SHORT
$50
LONG
$5.50
SHORT
$50
SHORT
$28
LONG
$65
LONG
$37
PAIR TRADE
$10
PAIR TRADE
$30
LONG
$35
SHORT
$35
SELL/SHORT
$10
SHORT
$101
SHORT
$15
SHORT
$0
SHORT
$9
SHORT
$0
PAIR - LONG BGG/SHORT TTC
25%
PAIR - LONG BGG/SHORT TTC
25%
SHORT
$14.00
SHORT
$22
SHORT
$15
SHORT
$20
SHORT
$31
SHORT
$35
SHORT
$30
PAIR - LONG KNL/SHORT MLHR
25%
SHORT
$100
LONG
$8
LONG
$20
SHORT
$22
PAIR - LONG CSGP/SHORT LOOP
40%
LONG
$35
SHORT
$275
SHORT
$0