Q: I am sitting on a 31% loss in Photon Control in my Margin Account. I am considering harvesting the tax loss and re-purchasing in my TFSA after 30 days. Does this seem a reasonable strategy especially since PHO will likely take some time to turn around in this market? Alternately, if I don't sell the shares but move them to my TFSA will that trigger a tax loss? This only seems fair since if I had an unrealized capital gain I would have a deemed disposition and a tax liability.
Q: I'm one of those investors that has trouble selling things at a loss. I'll get over it some time...maybe? However, with Crius you answered a question yesterday that even with a 50% cut in the dividend it's still at 8% +/-. Can you comment further. I'd be happy with an 8% dividend and would be prepared for a long term hold until the company 'comes around' with their divesting of the solar side. What am I not seeing?
Thanks...Graham
1. Long term investing implications of liberalisation moves, as suggested by Ontario Doug Ford? Specifically on the selling of alcohol? Other Provinces may follow especially since the regulation is archaic.
2. Alcanna - The price point and yield are compelling but is the Company in danger of liberalisation and does the integration with Cannabis help to diversify its sales?
3. Start nibbling on CLIQ soon or avoid because of the above mentioned uncertainties?
Q: I know CXI is a thin trader but over the last month it looks like there were 12 days of 0 volume. Is this close to correct or is it a reporting/data error. Also how do you feel about the stock?
Q: I have a question regarding GSY asked by Stephen on Nov 28 about convertible debentures 5.75% at $ 43.99 a share until July 29,2022 could you explain to me how these work in regards to the following
- how often are you payed
-the tax implications
- how does the share price $ 43.99 come into play
- how is your principle tied up if you needed the money is there a penalty if you had to withdraw it,or if that is even possible
-can these be purchased at any bank online with your discount brokerage
-in your opinion how safe are these and any negatives about them
I realize this is a lot to ask and use as many credits as needed thanks a bunch
Q: In your reply to Michael this morning you stated: "So we think it is a little too soon to write the company off." Your response implies that there is some possibility that SIS will be written off, whereas your previous comments on SIS have been very positive. What level of confidence do you have in SIS as a viable investment for the long term?
Q: Hi, SIS has added a significant amount of long term debt over the last 4 years, and free cash flow seems to have hit a plateau, with a lot of cash coming from financing. Do you feel the growth by acquisition story here looks sustainable?
Q: Bought some CGX as the momentum looked good before their last earnings. However after their earnings the stock sold off hard. Wondering if it’s worth holding on or move to SIS , KXS or PBH. As there is opportunity cost holding on to it. Don’t care about dividend looking for growth.
Q: Hi, I used a screener to look at companies that have had a hard down in the last 6 months, as well as a positive uptick in the last 10 days. I have found two in the subject line above. I also want a small dividend at least and both above are sufficient. I think both AIF and NFI missed last quarter, and they are expected to grow, however, it appears that AIF's growth into 2019 is significantly more (according to scotia) than NFI. I do know NFI has been a darling and this can be a good time to get in. Can you give me your opinion on both in contrast and consider which one you would add to a portfolio now for longer term. No need to consider any of my other holdings. Thanks.
Q: After close on 11/29,BNS filed a mixed shelf of up to $40b.Does it includes the issue of shares?Your take please.Thanks for u usual great services & views
I sold PBH for year end tax loss on Nov 21 and would like to repurchase after the 30 days rule. Do we start with the trade date or settlement date? Is it 30 calendar days or business days? So with Nov 21 being the trade date, when can I repurchase PBH? Thanks .
Is there anything unusual about the volume spike on Friday? I see we’ve had a few of these abnormal buying spikes in the past followed by a rally. Just wondering if there is any information on who may have been buying or why?