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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I have a small position on Blade Air Mobility and currently under the water. Should I cut the loss and move on?

Thanks,
Read Answer Asked by Yang on July 16, 2021
Q: I recently cashed out of IWO (nearly doubled) but in violation of your rule against selling anything just because the price is too high. It is now a bit below where I sold. Wondering if I should go back in, wait for a stabilized rising trend, or pick something similar (SPY?) that you like better for 2-3 year hold? Thanks Jim
Read Answer Asked by jim on July 16, 2021
Q: Since LAC has invested 6 million into Arena (AN). What is your take on this exploration company. I think it must have good prospects as both LAC and Gangfeng Lithium have invested in it. The number of shares has also probably risen. So how much risk is there in buying this company?

Thank you

Steve
Read Answer Asked by Steve on July 14, 2021
Q: This company has shown up in Loblaw's stores. Are they making any headway in other merchandisers and is there any profit in it for DVN. Thanks Harry.
Read Answer Asked by Harry on July 14, 2021
Q: I hold a position in XBC that was roughly 2% at purchase, but has dropped by roughly 40% (meaning the position is closer to 1% now). I still believe that this company could return to a better valuation, but that I have an opportunity to crystallize a loss before that time. I would like to purchase a placeholder investment in the same space which XBC operates, and I already have a position in CMC that I am not quite ready to increase (even though it is up nicely since my initial purchase). Is there any other company that you might suggest as a candidate to act as a placeholder for thirty days before I purchase XBC once again, after the loss can be crystallized? Conversely, would you feel that a strong argument could be made that even attempting to crystallize a loss in this position would introduce undue risk to a portfolio? Any insight would be much appreciated, as always. Thanks so much, and I look forward to your response.
Read Answer Asked by Domenic on July 13, 2021