Year: 2011

SWI Swisher Hygiene Inc.

Hamilton

If the names of Wayne Huizinga, DeGroote, and the companies Waste Management, Laidlaw and Coolbrands rings a bell with you this stock would be of interest. It is in the cleaning business so you could not ask for anything more mundane than that. There is some financial engineering in the past few years. Otherwise the stock seems to have benefitted more than any other from QE2 which, of course, is nonsense. Anyway, here are the charts;

swi swi 2

First the long-term chart. It is not totally relevant as the company has changed so much but one thing is clear and that is that this is not a widow & orphans stock. It got pulverized in 2005 (clearly out of phase with the rest of the world). Then after 3/4 years of wondering through the desert, or base building as it is technically called, the stock resurrects itself. First a lot of baby steps (1-2s) and then take-off. My guess is that it could go to $8 or thereabouts . After that a substantial correction should occur.

AEM , Agnico Eagle Mines

Hamilton

aem 2011big aem 2011

It is not entirely clear if this is a clean five waves up, or if we have a  B-wave into the top, either way this is another one of the relatively large and well known gold stocks that is not going anywhere in a hurry (Goldcorp, Barrick and Kinross are some of the others). This in contrast to the “juniors” as personified in the ZJG, the BMO ETF for the junior gold companies. Here is the chart;

ZJG

The juniors have doubled over the last year, and the big boys went nowhere. There is no better signal that something is amiss than when junk drifts to the top! As an aside, I started my career buying this stock for a client at around $4. back in 1991. We sold it at around $9. In retrospect we should have held on.