 When analyzing a stock you plan to invest in, it is crucial to look at its balance sheet to see its current financial health. A balance sheet shows a snapshot of a company's assets and liabilities at the particular date shown on the balance sheet. It is also referred to as the statement of financial position. To beginners, balance sheets may seem complicated if you don't know what to look for. That's why we are breaking it all down in this post.
 Relative valuation is done by simply comparing companies in the same industry by using metrics/ratios such as P/E ratio or P/B ratio. It is one of the most common methods of valuation as it is by far the easiest.
 VersaBank is a schedule I chartered bank in Canada with a branch-less business model. Its ticker is VB.TO on the TSX and VRRKF on the pink sheets. The company offers its services to businesses in specific niches rather than catering to individual people. VersaBank was founded in 1979 and is headquartered in London, Canada. They offer point-of-sale consumer financing, commercial mortgages, public sector financing, deposits, as well as innovative cyber security solutions for financial institutions through their subsidiary DRT Cyber.
 What is it about penny stocks that lures new or young investors? They are volatile, mostly unprofitable and regularly dilute shares in order to raise new capital.
 What is an engulfing candlestick and how can you use it in your trading strategy? There are two types: the bullish engulfing, and the bearish engulfing candle. A bullish engulfing candle can indicate a change in momentum to the upside. The opposite is true for a bearish engulfing candle. The pattern is made up of 2 candlesticks, where the most recent candle's body fully engulfs the body of the previous candle.
 In stock trading, a "short squeeze" is when a stock goes up significantly in a short period of time due to short sellers covering their short positions. When traders take a short position, they have a negative share position. To close their position entirely, they need to buy back shares in the amount that they are negative. If this happens all at once with many short sellers, it will create lots of buying which is known as a short squeeze.
|
 Categories
All
Archives
February 2021
|
RSS Feed