Q: PHX had a big pop in the share price yesterday after they announced their year end financials, as well they announced a special dividend of 20 cents per share. I briefly looked at the financials and it seemed to me that PHX 's yearend looks a lot better in the headlines because they sold a lot of excess equipment. That is not sustainable. I only bought a small position in PHX in January and I am already up about 50 percent. I like the regular dividend and a special divvy is a bonus, but I suspect that the big pop in share price is not sustainable due to the nature of the earnings beat. How do you read PHX yearend financials? Why do you think the shares popped nearly 20 per cent today? And in your opinion is that gain sustainable?

Q: I was very unexpectedly "stopped out" of my holdings in PHX today though, thankfully, not at the low. Can you explain why there was such an unpleasant (i.e. approximately 9%) swing in the PHX price this morning?

Q: Hi 5i, Want to raise some cash in TFSA.
I have shares in KEL : I'm up 33% from purchase, KEL is down approx 6% this year, KEL does not pay a Div.
I have shares in PHX : Up 11% from purchase, PHX is down approx 19% this year, PHX pays a 10.6% Div.
Share values are < $5k each.
Given the outlook for Energy sector for the next year, would you recommend selling 1, or other, or both.
Thanks for your usual great support.
Terence