Risk Price Analysis Reveals Emerging Likeable Equities

of 8 August 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited.
The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
WHYNOTtsxBUBBY Tax CharityTM
– 07 August 2016
Risk PriceTM
analysis of balance sheets allows us to discern a most useful partition from all the equities
in any market. These are our ‘likeablesTM
’ because they seem “undervalued1” in the market mindsense.
The demand for them exceeds the supply at current prices. Investors prefer them and price them up. So
there is much to like. We are particularly interested in those firms transitioning from negative to positive
positions in the health of their business process converting debt ratios to added value with aid of their
trading connections. Many of our readers will be familiar with our BlackSwanTradingTM
which started,
in December, 2012, as just our ‘Newbies’ for a Solo-50KTM
portfolio for a select audience of the self-
employed able to advantage tax sheltering such sums in their boom years.
As open handed display of our methods in January 2013 we released the Newbies portfolio comprised
of just newly identified equities, our ‘likeablesTM
’ in current NYSE market partition. Our ‘likeables’ are
revealed by their rise above Risk PriceTM our metric that investors must know to defend their capital.
Now in charity we offer a new open testable portfolio following the latest 'Great Rotation' of the financial
industry skimming their client cache for their own fun and profit. We cannot excuse them for they know
no better than Thuggees2
. You gave your cache for them to play with. But do not do that any more. Use
your own cache and build your own wealth with our 'likeables' as your guide.
As a group, 2 of 3 ‘likeables’ equities we identify by Risk PriceTM
tend to gain in stock price for long
periods. We understand why by proven theory3
. We give proof, also, even in open display in real time
markets. Because We Can. No one else can, so they do not. WE DO, Because We Can.
Financial industry fund managers are victims of gossip just playing dice4
, with your money. The self
proclaimed ‘bright lights’ running hedge funds HFRI5 record only 0.0014% pa for the past four years.
For such under-performance they take fees they supposed earned. Your risk is their ‘professional’ gain.
Conventional investment industry claims “expertise” but use untestable models,
conjectures claimed as viable theory. These Artful Dodgers just cull small investors’
wallets to their use. All the fun, fees and profit is theirs, but next to nothing for you66
are ever left, just their tease for fees, and perhaps a Mozarttaler as their thanks. Their
baseless swing from no-ooo to buy-eee wrecked havouc in recent Great Rotation but
the capital is safe. Balance sheets tell the reality of valiant business ideas and how
well they are doing in the real economy.
Judging by the ciphers in balance sheets is different than the latest cover flap story. Our ‘likeables’
tendency to hold value and gain is better than cash. Risk Averse, Capital Safety and Liquidity in our
"for the value of money is also perishable." Jean-Baptiste Say , 1803
"there is risk in what you do not or cannot know." Thomas Tooke, 1844
“markets can remain irrational longer than investors can remain solvent” John Maynard Keynes, 1936

– 07 August 2016
method shows and proves AlphaSmartTM
high capital appreciation. Less risk more gain sounds strange
but truth to power7
there is no science in conventional fund portfolio methods. This we have proven.
As with those Newbies used to make the Solo-50K BlackSwanTrading TM
demonstration portfolio at
the end of last 'Great Rotation' in late 2012, we find a large crop of emerging Newbies. This is as the
market regains float from its rule bound traders searching for their incomes, not searching for your
incomes. They are not selling incomes. They are selling their risk to you, as much of it as they can with
implausible denials8
.
Again in charity we are providing a portion from our current list of newly emerging 'likeables' Newbies.
We are calling it the WHYNOTtsxBUBBYTM
portfolio. Because Risk PriceTM
analysis partitions any
market. Risk PriceTM
breaks all the rules and newspeak of convention. These newly emerging 'likeables'
are equities from firms in the transportation services, commodities, pipelines, communications
technology, banking and financial services sectors everyone says are moribund if not near death. That
is their rumour. They do not know. Do not give them your cache for their playing silly games with your
money. Keep your money in your 'wallet' as your cache in your 'likeables' portfolios.
Our work is calculable and provable with no rhetoric asides. We depend on a jargon that is peculiar to
us but comes from our theory, logically and reasonably, driven by powerful mathematics. We have
reasons to reject most of what passes for “investment analysis“9
is just jargon from the confirmed
mysticism that is economics. Not because we don’t know the jargon of economists and financial
advisors, but because we do know their jargon. We know it for what it is, wrong10, useless11 and
harmful12 to investing and investors. Those self-appointed 'Emperors' of markets have no clothes to
hide their jargon for the improvable delusions those conventions are. We help, because we can.
Our TaxCharityTM
suite of portfolios are proof in open display of our theory and method at work in real
markets. Aided by StockTakers charity small investors can self-direct investing their cache to build their
wealth, keeping it in their control and liquid for their emergency needs or as arises for their loved ones.
Accredited investors buy a fair slice of StockTakers 12% Bond13
at our risk working our proven theory
for steady return and leave the work to us.
‘Likeables’ portfolio performance is proven in real market testable demonstrations in our charity aiding
small investors. . With sharing some of our ‘likeables’ we enable AlphaSmartTM gains and liquidity for
small investors. Because we can, we do.
The TaxCharityTM
portfolios take-on the challenge for the small investor to invest savings hopeful for
gaining income under the limits of annual Tax shelter provisions, an income the convention restrained
financial industry has never provided. Our followers have done well, as markets have gained a meagre
1.79% since 31 December 2013.
The near 20 month trough made by convention bound wealth mangers having no real direction has
shaken off their QE phantom expectations and patient growth can resume. Trouble is, as always, the

– 07 August 2016
fund managers and dollar-per-word crowd never knows which end feeds the bull. ‘Heads down’ people
working, adding value, resolving debt for credit extended to valiant business ideas, the market goes up.
Even Europe’s unemployment is down, from the contented mooing of heads feeding. It is time for real
growth earned over 2% ‘added drag’ of bankers increased margins14
, us running up their down escalator.
We have seen the real behaviour of market investors to Risk PriceTM
driven ‘likeables’ is they like these
equities. Their desire evidences as demand exceeding supply driving ‘likeables’ prices up. We use that
as a tool to partition the market. We must rebuild ongoing portfolios in the current TaxCharityTM
suite
from more than a year of baseless volatility from directionless 'wealth' managers and ‘dollar-per-word’
market mavens gossip teasing each other’s pitch, with your money, into their game of coin tossers. Your
cache is their stakes in their ' zero sum game'. They should know better. Business depends on creating
value where there was none before or adding value on what is there. There is nothing zero-sum about
that.
It is essential you hold in your portfolio at any time a complement of at least eight but preferably more
‘likeables’ (preferably in equal blocks of 100 share multiples for 'collaring options15' as allows for exit
strategy we prefer using, for good reason16). The tendency of ‘likeables’ for long term gain is not the
same as ‘pin-the-point-on-the-mule’ most seek, or baselessly claim, without evidence of any kind. This
should not be their child’s play with your money. Do not give those Artful Dodgers your cache.
We prove our method in exceptional gains made, in real markets. Our charitably open public
TaxCharityTM
portfolios suit the small investor need to grow his cache. Avoid the erosion of inflation
and the baseless gambling of the financial industry. Let others chase those gamblers’ risk/reward model.
We show our Risk Price driven ‘likeables’ risk averse method works to obtain long term Capital Safety,
AlphaSmartTM
gains and Liquidity.
Passive stop-loss settings are reasonably safe and simple enough to be useful for small investor’s capital
safety. We have more complex and active methods using collaring options for sharpening gains and
limiting exit due to unreasonable market mavens gambolling goats17 grazing on their client wallets.
There is no science in conventional fund portfolio methods18
.
They have proven nothing. Avoid those Artful Dodgers. We prove, because we can.
portfolio @ 100 shares of each, 07 May 2016
Market
Price
Symbol Company Name Market
Price
SF
(Risk Price)
Stop/Loss
2.16 WEF.TO Western Forest Products Inc. ($2.1 stopLost 22jun16) 2.30 1 2.1
3.10 WIN.TO Wi-LAN Inc. ($3.3 stopLost 14jun16) 3.79 2 3.3

– 07 August 2016
19.83 WJA.TO WestJet Airlines Ltd. ($20.6 stopLost 27jun16) 23.50 16 20.6
31.67 HCG.TO Home Capital Group Inc. ($29.5 stopLost 27jun16) 33.74 30 29.5
6.07 YRI.TO Yamana Gold Inc. 6.40 4 5.2
5.75 NVA.TO NuVista Energy Ltd. ($5.8 stopLost 24jun16) 6.97 4 5.8
70.42 OTC.TO Open Text Corporation 77.05 60 71.3
23.57 TFI.TO TransForce Inc. 24.03 21 22.2
50.25 TRP.TO TransCanada Corporation 55.89 43 53.1
2.76 SVM.TO Silvercorp Metals Inc. ($2.3 stopLost 27may16) 2.30 1 1.8
52.02 X.TO TMX Group Inc. 53.70 50 49.2
80.55 BMO.TO Bank of Montreal 83.78 70 79.6
26.14 BNE.TO Bonterra Energy Corp. 28.41 20 23.2
62.13 BNS.TO Bank of Nova Scotia ($62.6 stopLost 16may16) 62.60 60 59.5
6.07 YRI.TO Yamana Gold Inc. 6.40 2 5.2
633.00 Cash Forward * after 100 Shares 07may16 Buy-ins 633.00
44367.00
portfolio @ 100 shares of each, 07 June 2016
47813.00 Gain 1.0
months
6.25%
45000.00 Cash Forward * after 100 Shares 07may16 Buy-ins 633.00
Net Cash * after 100 shares stoploss sales 6490.00
Current Cash 7123.00
Buy-ins *per 100 shares, 07jun2016
62.13 BTO.TO B2Gold Corp 2.49 2 2.0
BTE.TO Baytex Energy Corporation 8.25 5 2.6
SMF.TO Semafo Inc. 5.63 2 4.8

– 07 August 2016
TRI.TO Thomson Reuters Corp. ($51.5 stopLost 16may16) 53.29 48 51.5
Buy-ins *per 100 shares, 07jun2016 6966.00
Cash Forward* after 100 Shares 07jun16 Buy-ins 157.00
Cash Dividends Earned 07jun16 94.00
Total Cash Available 07jun16 251.00
44367.00
portfolio @ 100 shares of each, 07 July 2016
46978.00 Gain 2.0
months
4.40%
Net Cash Carried after 07jul16 Buy-ins *100 shares 157.00
Current Cash 11437.00
@ Buy-ins *per 100 shares, 07jul2016 @07aug16
2.09 WEF.TO Western Forest Products Inc. 2.13 1 1.9
3.25 WIN.TO Wi-LAN Inc. ($2.8 stopLost28jul16) 2.80 2 1.9
19.04 WTE.TO Westshore Terminals Investment Corp. 18.80 12 14.9
23.06 HR-UN.TO H&R Real Estate Investment Trust 23.30 21 22.2
3.95 NSU.TO Nevsun Resources Ltd. 4.25 3 3.8
17.75 TCL-A.TO Transcontinental Inc. 18.20 12 16.9
39.42 TIH.TO Toromont Industries Ltd. 39.68 26 36.1
44367.00
portfolio @ 100 shares each,
07 August 2016 / 07 May 2016
48708.00 Gain 3.0
months
8.24%
Net Cash Carried after 07jul16 Buy-ins *100 shares 581.00

– 07 August 2016
Current Cash (excluding dividends earned) 861.00
Buy-ins *per 100 shares, 07aug2016
2.31 WIN.TO Wi-LAN Inc. 2.31 2 1.9
Cash Forward* after 100 Shares 07may16 Buy-ins 630.00
Cash Dividends Earned 340.40
Total Cash Available (in hand, for emergency) 970.40
44367.00
portfolio @ 100 shares each,
07 August 2016 / 07 May 2016
48708.00 Gain 3.0
months
8.24%
Engage in “likeables” save your own bacon. Because we can, you can, too.
All the ‘canards’ must walk the political stage as the real economy slowly inches recovery forward by
adding value. That is ‘US’ in the real economy busily absorbing other people’s abuse of ‘credit float’,
the foam and froth on the sea of moral hazard backwash they had created. The bankers have slapped an
extra 2% margin on credit instruments, a surcharge to bury their inept losses from their poor diligence
and greed we all have to ‘eat’ to allow for extravagant C-suite incomes, not shareholder or stakeholder
incomes. Bankers are suppressing the real economy recovery by demanding greater interest fees for
their earnings, on your cache of saved money.
The financial industry sells you all their risk they can devise and have never provided enough returns to
meet or beat inflation. They cannot, they do not know how. Not now, not ever have they looked to create
your income from your cache. Only by positive ‘accident’ exogenous results they will claim as theirs.
The conventional investment industry cannot prove any of their assumptions underlying their methods,
whose results are 1.03:1, like19
a coin toss. Avoid those Artful Dodgers playing dice with your wallet20
.
Investors need a real compass21
. Risk Price shows their way20
. Our TaxCharityTM gives proof. In the
spirit and tradition of real science of Bacon and Newton we feign nothing; our demonstrations are in
real time with real consequences obtaining real benefit to investors’ wallets, because we can.
In our Modal Geometry theory of the firm we make only two assumptions, clearly as follows:
1. there is a balance sheet of the firm (that the rule of law governs its information is possibly
weak assumption but at an accuracy to at least the modest degree accountants are prepared to be
responsible for); and,

– 07 August 2016
2. the firm will vigorously negotiate, “what it owns” (in order to stay in business “what is owed
to it” with “what it owes” and vice versa, to make the best of what it has, that is in its trading
connections).
The Modal Geometry theory of the firm has unfolded more by rigorous observation in the real world of
corporate ledgers relation to balance sheets. That is aided with logic, epistemology, and some powerful
mathematics that ciphers the flow and power of debt to credit float. That discerning of balance sheet
statements is real science on the 'state' of a firm’s business process. The Risk PriceTM is new science.
That is not conventional assumptions with little relevance but to gossip. Gossip has always been the
means of grift, inside-trading and pump-rooms. Rightfully all of those are illegal but difficult to prove
in courts of law, in the face of implausible denials and when the expertise of the experts testimony is
from the same gospel of convention22
.
Our reasons for having any equity in our portfolios are clear, concise and consistent. ‘likeables’ are
equities shown valued by investors behaviour, tending to continuing gain, which investors have
demonstrated in their determination to buy and hold at stock prices above the Risk Price. That investor
behavioural tendency demonstrates 2 of 3 ‘likeables’ gaining for the long term, as we continue to show,
in more than theory, in real markets.
Proof is positive, in our TaxCharityTM
suite of portfolios extending our proprietary information to small
investors use. Size your portfolio to suit your wallet. Because we can, while the entire financial industry
is so busy blowing bubbles23
with cash from your wallet. They are always asking what is in your wallet.
Do not give them your cache. Use ‘likeables’ gaining for the long term and build your own wealth,
always liquid when you need to meet some emergency yourself or for your loved ones.
Know What You Have. Have What You Know.
Our risk averse view works. The proof of our method is clear and forthrightly shown. Of course we
require 2&20 fees for doing that, or utilize StockTakers 12% Bond. Mail us for our help.
Hans Goetze,
Architypes Inc. architypes@gmail.com and StockTakers Limited
Head Office
76 Midridge Close SE
Calgary, AB
T2X 1G1
351 Chemin Boulanger
Sutton, PQ
J0E 2K0
450 538-1270
647 608-2176

– 07 August 2016
1
http://riskwerk.com/2014/02/05/pi-demand-and-supply/
2
https://en.wikipedia.org/wiki/Thuggee
3
E. Goetze, The Modal Geometry of the Firm and Worth of the Trading Connections, 2006
4
http://www.rainmedia.net/portfolio/the-retirement-gamble/
5
https://www.hedgefundresearch.com/mon_register/index.php?fuse=login&hi HFRX Daily Indices - April 2016
6
http://riskwerk.com/2013/09/15/earnings-dont-matter-2/
7
http://riskwerk.com/2013/05/18/the-real-intelligent-investor/
8
http://www.slideshare.net/HansGoetze/judge-by-company-they-keep
9
http://riskwerk.com/2013/05/18/the-real-intelligent-investor/
10
http://riskwerk.com/2013/09/15/earnings-dont-matter-2/
11
http://riskwerk.com/2013/08/07/the-god-stock-econo-speak/
12
http://riskwerk.com/2013/10/07/bn-the-riskwerk-company-glossary/
13
http://www.slideshare.net/HansGoetze/stocktakers-12-bond
14
http://www.slideshare.net/HansGoetze/medieval-diet San Francisco Federal Reserve study reported recent years the
banking industry had expanded its margins to new historic levels more than 200 basis points (2%) above prior averages
http://www.frbsf.org/economic-research/publications/economic-letter/2014/august/bank-business-lending-terms-analysis/
Spread hit 600 last year limiting capitalization opportunity for commercial and industrial debt proformas used to average 300
spread for three decades prior to 2000.
15
http://riskwerk.com/2014/07/29/pi-the-process-option-pricing/
16
http://riskwerk.com/2013/08/10/the-sp-tsx-hangdog-market-3/
17
http://www.slideshare.net/HansGoetze/the-grail-and-the-goat-portfolios
18
http://www.slideshare.net/HansGoetze/four-horses-of-portfolio-apocollapse ;
http://www.slideshare.net/HansGoetze/fearful-fund-fantasies
19
http://www.slideshare.net/HansGoetze/the-grail-and-the-goat-portfolios on North American markets the combined average result
of ‘managers’ investment models is 1.03:1, statistically no better than monkeys tossing coins or dice as compared to Risk Price driven
‘likeables’ portfolio showing 2.28:1 of the equities gain for long periods, the rest is ‘gardening’
20
https://www.youtube.com/watch?v=gvZSpET11ZY
21
http://www.slideshare.net/HansGoetze/orienteering-among-magpies
22
https://en.wikipedia.org/wiki/The_Structure_of_Scientific_Revolutions several wealth management CFOs, universities ' candidates and
established PhD economists have begun following our work and 'liking' what they have discovered in our content
23
http://riskwerk.com/2013/10/14/asset-bubbles-day-october-14-2013/

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