DHX.B , DHX Media Ltd.

dhx.b dec 12 2014DHX.b dec 12 2014 s

This company is a leading creator, producer, marketer and broadcaster of family entertainment. Inspector Gadget is one of their products.

Somebody on BNN was promoting this stock. I have never even heard of it so I have no reason to disagree with the-sky-is-the-limit approach to investing. Except for EW. This thing has a very nice 5-wave up sequence from the lows in 2009. Wave 5 is already longer than 3 and in most cases 3 is the most robust. We are not quite going vertical but we are getting close. Interestingly this stock trades at a P/E of 120x. We would be inclined to sell, not buy.