Here are three stocks to sell

Long-time readers know that we are constantly reevaluating our stock picks. Here are three stocks that have only limited growth prospects for the foreseeable future. We now see them as sells.

CASH STORE FINANCIAL SERVICES INC. $5.52 (Toronto symbol CSF; TSINetwork Rating: Speculative) (780-408-5110; www.csfinancial.ca; Shares… Read More

INTERNATIONAL ROAD DYNAMICS $0.28 – Toronto symbol IRD

INTERNATIONAL ROAD DYNAMICS $0.28 (Toronto symbol IRD; TSINetwork Rating: Speculative) (306-653-6600; www.ird.ca; Shares outstanding: 14.0 million; Market cap: $3.9 million; No dividends paid) makes products and systems that manage highway traffic, including automated toll-road and weigh-station systems for trucks. The company’s weigh-in-motion system weighs trucks… Read More

Stock Pickers Digest Hotline – Friday, October 14, 2011

FORTRESS PAPER, $41, symbol FTP on Toronto, is an international specialty paper producer.

In April 2010, Fortress bought an idled pulp plant in Thurso, Quebec, for $3 million. It then restarted pulp production at this plant. That has been contributing to the company’s revenue and… Read More

Stock Pickers Digest Hotline – Friday, July 15, 2011

CHESAPEAKE ENERGY CORP., $32.96, symbol CHK on New York, will invest up to $1 billion over the next ten years in companies that are developing ways to replace gasoline and diesel with cleaner-burning natural gas. Chesapeake is the second-largest natural-gas producer in the U.S., after… Read More

Stock Pickers Digest Hotline – Friday, April 15, 2011

PLEASE NOTE: Our next Hotline will go out on Thursday, April 21, 2011.

AMAZON.COM INC., $180.01, symbol AMZN on Nasdaq, plans to sell the latest version of its Kindle portable e-book reader for just $114, which is $25 less than the previous version. To make up… Read More

Strong dollar held back this aggressive investing stock’s earnings

International Road Dynamics, symbol IRD on Toronto, makes products and systems that manage highway traffic, including automated toll-road and weigh-station systems for trucks. The aggressive investing stock’s weigh-in-motion system weighs trucks while they’re moving, rather than at less-efficient roadside weigh stations. International Road also makes… Read More

Stock Pickers Digest Hotline – Friday, March 18, 2011

The stock market put on a huge rise from mid-2010 through February this year, and this left it ripe for a setback. Japan’s earthquake/tsunami/nuclear plant breakdown provided the trigger for that setback. Events in Japan have been horrific for the victims, of course. The Japanese… Read More

Stock Pickers Digest Hotline – Friday, October 15, 2010

CHESAPEAKE ENERGY CORP., $22.99, symbol CHK on New York, has agreed to sell a third of its wholly owned Eagle Ford shale-gas project in south Texas to Chinese state-owned oil company CNOOC Ltd. (symbol CEO on New York).

Shale gas is natural gas that is trapped… Read More