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ECN Capital Corp. (ECN)
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WELL Health Technologies Corp. (WELL)
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Nuvei Corporation (NVEI)
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Brookfield Corporation Class A Limited Voting Shares (BN)
Q: I may have missed a few, but pretty sure I've made every mistake trading in the stock market, although thanks to 5i I've done quite well over the years. Prehaps my biggest mistake is holding on to loosers too long and taking big hits. Recently I've promised myself to sell when I'm down 25%. So, I'm now down 25 or more % on these 4 companies but dont want to sell. What says you?
5i Research Answer:
We think a HOLD or even BUY case can be made for any of these. WELL in particular has reported good earnings. BN should recover as it spends its large available capital. NVEI missed earnings but is very cheap and has cash. ECN missed badly but remains up for sale. But some of these will require patience, and only BN can be considered a 'blue chip'. We would take a look at one's risk tolerance, timeframe and personal 'rules' closely before deciding on any action.