Q: HI Peter and team - I hold some Concordia in a US account and am interested in adding Concordia to my Canadian account. However it has a P/E ratio of about 190. Of how much concern should this be. What would it take to bring this P/E down to a more reasonable level and is Concordia on track for this. Thanks.
Q: I am looking to deploy cash in my TFSA (2016 contribution) and with so many beaten up stocks I am wondering what to buy. I was considering the healthcare section and adding to my existing position in GUD, or perhaps initiate a position in CRH. GUD is now below its financing of $6.75 done around Dec 2014. What are your comments on GUD? Add now or wait for a better market? Or do you prefer CRH or something else in the healthcare sector. Longer term hold, and for a TFSA.
In healthcare I own CXR and GUD, smaller positions in DR and PHM, and very small positions in SIS and PM.
Q: I am up 25% in 1030, a long term holding but down on both of the 1033 and 1042. Would appreciate your advise as to sell or move into other Mfund. Many thanks, J.A.P, Burlington
Q: My bank adviser recommended this fund. It has gone from $30 to $50 in the last 2 years. I see a MER of 3.10 and it has back end load.
Can you tell me how this back end load works in general and what you think of this fund? I wonder if there is a little bit of conflict of interest here because the bank sponsors this fund.
Q: hi and thanks:
What are your thoughts on Parex. Lets assume that oil has more or less bottomed: would you be a buyer of PXT today if you wanted toadd to your commection of energy stocks or would you prefer something else ( I already hold WCP, CNQ and SGY).
Q: Would it make sense to sell my position in VRX at this time and replace it with CXR Concordia at this time. As all news on VXR seems to be negative these days
Q: Gild has had a drop -- Pfe is more defensive (Div) . I am down sl. on PFE --thinking of switching. Concerned re the next drop ( MKT drop not over ) ---would you selll Pfe now & buy Gild at lower price. Or sell Pfe now & take a partial position --after Weds
--Div. day for pfe, Thank you-- great site . great insight
don
Q: "Yesterday there were two 500,000+ blocks at $6.60. We think the moves in the sector are entirely political worries, or sector rotation (into energy perhaps) but can't offer much more here. "
In your response to David's question I interpret it that someone(s) sold 2 blocks of 500K shares at $6.60.
I suggest it was someone(s) buying at a low. Especially considering it is rising now. I do not know if they were Black Pool buys.
Q: Hello.
Thanks for quality answers to questions.
Would you please help by offering insight to dealing with investor psychology and behaviour; 50% gain in PHM only to now be in the red on this holding?
My current thinking does not make sense to me to hold at the top of a gain only to feel like getting out now that the stock price has declined to the point that it feels like a poor investment decision.
I have been drawn into more aggressive type investments being connected to this subscription (beyond normal style) so I believe I can benefit from your experience and comments about dealing with volatility of the nature in this question.
Thanks
Dave
Q: i have been noticing a fairly large uptick in volume on knight over the last few days or weeks,normally it trades around 100k a day, but lately much more, maybe your bloomberg terminal give you more info than i can see.
also healthcare stocks across the board are selling off, concordia, knight, phm and even large biotechs in u.s. is this all because of hilary and u.s. election or something else. dave
Q: Thoughts on CXR looking very attractively priced at the moment? They've got enough international exposure to their business that any action in the US to lower drug prices (which would likely take a new government and years to pass legislation) would not have a significant impact on CXR's business. Clinton's new video against Valeant and people panicking and selling CXR seem to be providing a great entry point.
Q: Hi Peter and Staff
Good time to remember your usual good advice....nothing has changed.same company it was when it was at its peak? Now down to my ACB after a really nice paper gain....any news to cause what has happened...buy,sell or hold if you have a very small position already.
Thanks as always
Dennis