KeyStone’s Stock Talk Podcast – The US Federal Reserve Rate Decision, a Sell-Off in Big Tech, a Small-Cap Stock Takeover, and a Penny Stock Marijuana Stock
This week we will start by discussing a mixed bag of topics included the US Federal Reserves’ likely decision to raise rates this coming week and this Friday’s sell-off in big tech. In our Your Stock, Our Take segment we take a question from a listener about micro-cap stock, Medical Marijuana Inc. (MJNA:OTC-PINK), which is building a portfolio of investments in companies involved with the much hyped marijuana sector – is it a BUY at present? Our star of the week is from KeyStone’s active coverage, Sandvine Corp. (SVC:TSX), a networking equipment company, which jumped 23% this past week after it was subject to a takeover bid. Our dog of the week is New York Stock Exchange listed IDT Corporation (IDT:NYSE), which lost 21% in one day this past week after the company reported revenues grow but the business swung to a loss in its Q3 results which were hit by a charge for a legal settlement.
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