Mar 24, 2018

Canada’s Active M&A Small-Cap Stock Market – Does it Predict a Market Top?, Building a Cannabis Town - American Green Inc. (OTCMKTS:ERBB)..really?, Pacific Insight Electronics Corp. (PIH:TSX) jumps 76% - Star, and Sleep Country Canada (ZZZ:TSX) - Long-Time Star - Drops 10%

We have another busy show for you this week. We start off by looking into what has been a busy year in terms of M&A activity in the Canadian Small-Cap market – 3 stocks from our Focus BUY list and 3 from our Additional Coverage have been bought out year-to-date. We discuss whether this is a sign of an overheated market, why these specific stocks are being bought for big premiums, and if there are further opportunities. In our Your Stock, Our Take segment we take a question from a listener about U.S. penny stock, American Green Inc. (OTCMKTS:ERBB), which has recently announced they are building an entire town in California based on marijuana, interesting – is it a BUY, SELL or HOLD? Our star of the week is Nelson, BC-based Pacific Insight Electronics Corp. (PIH:TSX), an ambient and direct LED light maker for the automotive industry, which jumped 76% this week after it announced the company was to be acquired. Finally, our dog of the week is Sleep Country Canada (ZZZ:TSX), the well-known mattress sell which had been a star performer since its recent “re-IPO”, dropped 10% yesterday on the heels of a mixed Q2 numbers that brought the Sleep Country’s premium valuations into question.

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