skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. CTS: Would you advise against selling CTS for a "medium" sized tax-loss harvest at this time? [Converge Technology Solutions Corp.]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Would you advise against selling CTS for a "medium" sized tax-loss harvest at this time? If not, what would you recommend to proxy?

Asked by Andrew on December 12, 2022
5i Research Answer:

Because it is undergoing a strategic review, selling becomes a little riskier, in case news breaks. But we do doubt the review will be over before the calendar turns, so would still be 'OK' with a tax loss/re-buy strategy. We would play it safer on a proxy and suggest ENGH.