Q: Pason's current price and cash might look appealing to someone who doesn't have any exposure to oil in their portfolio. What are your thoughts on Pason at this time? Would you prefer a producer like Suncor or something midstream like Enbridge?
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ARC Resources Ltd. (ARX)
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Pason Systems Inc. (PSI)
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iShares S&P/TSX Capped Energy Index ETF iUnits S&P/TSE Canadian Energy Index Fund (XEG)
Q: I own ARX, PSI and XEG. Momentum in ARX is improving and I am just above water. I am down 66% with PSI. My other holding in the energy sector is XEG. I am considering selling PSI and investing the proceeds in ARX. What do you think? Thank you.
Read AnswerQ: I reviewed the financials and read the CEO's statement. There are no surprises and although I am down substantially I think I should continue to hold and see what the new CEO does. What are your thoughts. Thanks.
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