CymorFund Stock Picks Investment Letter – 33% ROI

CymorFund Investment Letter Stock Picks

Stock trend

This blog has been published since May 2010 and has given remarkably accurate investment advice for over 3 years now. 

This is the 307th blog published, quite a long and detailed record. My warnings about gold and precious metals were spot on, as were so many other predictions and analyses. 

Stock Picks – From February 2013 to August 2013, an Annualized ROI of 33%

In February 2013, I expanded the blog from giving general advice, to naming stocks that I would buy or sell. It was a disastrous time to start doing so, as the sector in which many of my picks resided, fell in an unprecedented manner in March/April 2013. The start of this engineered manipulation is described in my blogs of April 17, 2013 & June 5, 2013 The resource sector fell dramatically with some stocks falling as much as 80%. Even the largest resource stocks fell 30% to 50%. No resource stock escaped the carnage.

Many of my picks got mercilessly hammered. An example is my first published pick – Scorpio Mining which fell from $0.95 when I picked it, to $0.28. It lost 70% of its value. EMED lost 50% of its value. Detour Gold lost 50% of its value. . A truly disastrous time to be picking stocks. 

These events happen, but if the investor picks value, and stays the course, these events do not destroy your portfolio. 

My Track Record

As of today, our stock picks have shown an annualized GAIN of over 33%. This is in a bit over 6 months and includes all of the losses incurred in March/April of this year.

 

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Articles on specific stocks, commentary and explanation of the stock markets and stock trends.

 

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In spite of the disastrous and precipitous resource sector carnage of March & April 2013, and the fact that my early picks lost between 50% and 70% of their value,  and including all of these picks in my calculated ROI, the results of my picks from February 2013 (when I started publishing my stock picks) to August 31, 2013,  is an ANNUALIZED GAIN of 33%.

A proud accomplishment.

 

We may or may not have positions in securities we name. In making an investment decision consider numerous factors such as portfolio balancing, timing, cash and capital reserves, asset allocation and other. Do your own research. Matters discussed contain forward-looking statements that are subject to risks and uncertainties and actual results may differ materially from any future results, performance or achievements expressed or implied.

Views expressed are opinions and not investment advice. You should retain a licensed professional to guide you and  not rely on the opinions expressed herein. This report is neither a solicitation nor a recommendation to buy or sell securities. We are not a registered investment advisor nor a broker-dealer. The information contained herein is based on sources which we believe reliable but is not guaranteed as being accurate or a complete statement or summary of the available data.

 

 

By Larry Cyna

Mr. Cyna is an accomplished investor in the Canadian public markets for over 20 years, and has managed significant portfolios. He is a financing specialist for private and public companies, and has expertise in real estate and debt obligations. He has assisted private companies accessing the public markets, has been a founding director of public companies and continues as a strategic consultant to selected clientele. He is and has been a director, a senior officer and on the Advisory Board of a number of TSX and TSXV public companies in the mining, resource, technology and telecommunications sectors, and the Founding Director of two CPC’s with qualifying transactions in mining and minerals. He was an honorary director of the Rotman School of Management MBA IMC program, has completed the Canadian Securities Institute Canadian Securities Course & Institute Conduct and Practices Handbook Course, was a former Manager under contract to an Investment Manager at BMO Nesbitt Burns, a roster mediator under the Ontario Mandatory Mediation Program, Toronto, a member of the Institute of Corporate Directors of Ontario, a member of the Upper Canada Dispute Resolution Group, and the Ontario Bar Association, Alternate Dispute Resolution section. He obtained his designation as a Chartered Accountant in Ontario in 1971 and was the recipient of the Founder’s Prize for academic achievement together with a cash reward. He became a CPA in the State of Illinois, USA in 1999 under IQEX with a grade of 92%. He is a Member of the Institute of Chartered Accountants of Ontario and the Canadian Institute of Chartered Accountants. He holds certificates in Advanced ADR & in Civil Justice in Ontario, Faculty of Law, University of Windsor, certificate in Dispute Resolution from the Ontario Institute of Chartered Accountants. Previous accomplishments are Manager of Cymor Risk Consultants LP specializing in Risk Management Assessment; CEO of Cyna & Associates specializing in mediation and ADR; Founder & Senior Partner of Cyna & Co, Chartered Accountants, a fully licensed and accredited public accountancy firm with international affiliations; and was a partner in a large public accountancy firm. Mr. Cyna is well known in the Canadian Investing community. He is invited to, and attends presentations given by public companies usually 3 or 4 times each week. These presentations are intended by the various hosting companies to present their inside story to sophisticated parties and Investment Managers for the purpose of attracting funding, or of making parties more interested in acquiring shares of those companies. Being a part of this keeps Mr. Cyna deeply involved in the current market and leads to numerous investment opportunities.