Q: Hi Team, BXE (Bellatrix) had some news regarding its debentures. Would you share your thoughts on that. Is that a good move? Also, have your views on BXE changed at all or you still feel that it's stocks price has "legs to run"? Sincerely,
Q: should i buy lightstream resources (LTS.TO). It is down due to rumor about
the possible reduction of monthly dividend. Some believe the dividend cut is already priced into the stock price. A long term buyer (2 years) would be rewarded at this entry level ($6.81). Your thoughts please.
I recently purchased some shares in Twin Butte Energy (TBE) at $2.10/share. It was halted this afternoon and then announced that they are purchasing a small private company and issuing subscription receipts at $1.95. I assume the shares will fall to that level or lower in the coming days - is this the likely result with a subscription receipt offering? Would you suggest i average down or take the loss? I noticed it goes ex div at month end and was thinking that the 9% dividend would be nice!
Many thanks for your input.
Q: Hi Peter and Team, regarding Renegade, RPL, your thoughts on their news release today would be greatly appreciated. You like Mr. Budd a lot and it looks as though he will be the new chairman. It seems as though they're building a new stronger Board. and hopefully a new and stonger management team. Thanks!
This is not an urgent matter so respond whenever you have time.
I'm sure you all worked very hard while in Europe...but hopefully didn't forget to play hard as well! :)
Q: Hi Peter. I am seeking some advice relating to the energy portion of my portfolio. Ideally, I would like about 10% of my portfolio in two energy stocks. Currently, I have Chevron (CVX) in a taxable account (4.0% of the portfolio) and in registered accounts I hold eca, cve, and cpg at 1.4%, 1.6%, and 3.8% of the portfolio, respectively. I have unrealized capital gains on my chevron holdings. I am interested in your views on what two energy stocks I should own for a 3-5 year period. Thanks.
Q: Is Niko (NKO)going to pull out of the financial problems they have, the way the stock price is dropping it appears the market thinks it is going to zero. Thanks