Q: I am down over 24% on a $6K investment in AYA. Would it be prudent to sell at this point to protect the remaining capital and buy back when the down trend reverses. Should I have done that when the stock was down 10%? I hope to learn from this how to deal with a falling stock price rather than just do nothing and hope. Thank you.
Q: OMG, I am embarrassed. I misspoke myself when I said "resistance". I meant "support" and realized my error after I pressed the Submit button. There are several things that can be said about AYO from a technical analysis perspective but I won't since this is a fundamentalist's website, except to say that I won't be a buyer until it bottoms out and starts to climb again. And it will, in the fullness of time.
Q: CUS Canexus The value investor in me is feeling tempted by Canexus. It seems that a low has been established for the stock. The biggest danger for breaking that low would (presumably) be a cut in the dividend. Given that the main business is well understood by the market the speculation would be in NATO upside. Lately the Canadian energy sector has been on fire. Everything is up! It seems shipping by rail has been of benefit. Could you put this picture in a CUS frame for me? My idea is to take a 1/2 position in this price range and wait for good (or bad) news to make the next decision.
Wiping my tears so I can type and, I am sure you are tired of hearing about this company.
My position is small ($1,000 & less than 1%) but I am a little tired of watching this precipitous fall.
On Saturday a 5i member commented
"there is a zone of resistance between about $5.75 to $6.13. It touched $6.11 in intra-day trading on March 31st but closed at $6.30. If prices close within, or more seriously, the resistance zone, watch out."
I'm close to jumping ship but would like to hear your thoughts on the aforementioned comment and maybe provide some explanation as to what exactly he is saying. If it gets to $5.75 it will drop to a dollar?
Why is your report so out of date (Sept 2012) for such a growing company?
Why does your opinion differ so much from the market on this company? It is down 25% from the beginning of the year. Obviously the market does not like this company. Is the growth really there? Please provide more than "it's a good company" answer.
Q: Peter and Team
I totally revamped this TFSA in January according to your group' sure commendations, but did hold back on what is now 7% cash, of the portfolio and am ready to invest that.. I currently hold 17% in REITS, 13% in BCE , 13 in ZWB, 11% in BAD, the remainder , evenly spread, in CDZ, XIU and XCS.
What would you recommend that would provide substantial growth prospects and would it make sense to add a Canadian company with good foreign exposure?
In other accounts I own SGY, SYZ, SLF,, AVO, and ESL.
Thanks for your consideration. I have been pleased with the January changes made to this TFSA.
Ruth Ann
Q: I am thinking of investing in Goldcorp. Are there any concerns due to the ongoing and well published battle over Osisko. i.e. negative impact to stock price if hostile to bid fails.
Q: DH has performed poorly the last few weeks and I am considering selling our 5% posotion. Would you suggest a Canadian industrial with decent dividend and/or growth; CNR? GEI? or a good reit such as CWT.UN?
Q: PKI Parkland is off only 3% which is probably normal profit taking. On the other hand because I own it I wondered if there was news or sentiment I missed. Thank you.
Q: Re Amaya, AYA, from a technical point of view, there is a zone of resistance between about $5.75 to $6.13. It touched $6.11 in intra-day trading on March 31st but closed at $6.30. If prices close within, or more seriously, the resistance zone, watch out. However AYA may simply be caught up in the recent rout in the software sector. I would be inclined to hold depending on the fundamentals.
Q: Hi Peter:
Re: STN
I have a small position in Stantec intending to increase exposure over time at favorable pricing. I'm puzzled by its daily gyrations. One day up 2-3% the next down by a similar amount. For a steady-eddie kind of stock these movements strike me as being rather bizarre. Thoughts?
Thank you and kind regards,
Geoff
Q: To follow on the questions asked about Amaya Gaming today. I am not currently a holder of Amaya but have been looking to add to the sector. It appears alot of the down side risk is out of this stock. Would you consider this a good Buy Opportunity or would you wait for things to balance out a bit more?
Q: AYA Still dropping. I am not underwater yet with Amaya in my children's portfolios but wondering how far down before we let it go? Or are you still comfortable with at least 20% drop? Always apppreciate your views.
Q: Mr. Hodson, anything new on Amaya (AYA)? It keeps dropping. I'm sure many are disappointed and wonder whether it is still the value it used to be. Is there any development to come soon, likely to affect its future ?