My question is about warrants. If you buy warrants they are definitely more risky than the underlying stock. Is there a possibility that management can call these before expiry date? In such cases if the market price is say 50 cents, can they call it at a lower price? In particular if you buy warrants on a commodity company, what should you be careful about. I recently bought some warrants for EDV and I am thinking is it a safe bet. Thanks
Q: Hi Peter and team. I would like you your take on ZAR. I was quite impressed with their presentation at the Sept 12 Peters event. They seem to have some good capability in enhanced oil recovery.
Q: Peter
I have mainly blue chips like BEP.un with a few small caps for potential. What are your views on Arianne Resources who are developing a phosphate play in Quebec and at feasibility stage.
Thanks
Q: Today, the WTI price is 86$ per barrel or so. I believe you are confident the price of oil is more likely to be over 100$ in a not too distant future. If that is so, how can that be reconciled with the current glut of oil, and what scenario do you see ahead ? Also, WTI is a standard not always achieved with the current quality of Canadian crude. Canadian Western Select crude is sold at a much lower price, while light oil crude or synthetic crude are usually much closer to the WTI price. Which Canadian oil producers are likely to fare better in such environment ?
Q: I've read your report about FCR and it looks like a very good company. I'm looking to buy it. On one hand it looks like an excellent time to buy right now as the RSI is around 30, on the other hand it seems to be in a downtrend for the last couple of months. What is your opinion on whether or not this is a buy right now. BTW, love the site, very informative, I just hope you don't run out of patience answering these crazy questions all day!
Q: Good morning, Peter:
I have a couple of big losers in my RRSP account. I think they may have bottomed out as there has been little change in their share prices for the past several weeks. I am reluctant to sell them because I can't claim a capital loss on my tax return, but then, there's also a lost opportunity cost if I hold on and hope for a rebound which may or may not occur. What would you do? Thanks and kind regards.
Q: I am trying to decide between two ETFs for tax sheltered account -CPD or PFF. I'm leaning toward the American fund, looks like better technicals. Would it be better to wait until after the US election is finished before investing? What are your thoughts please and thanks.
Q: Hi Peter, I'm interested in preferreds and wonder about the rate reset feature. Recently AGN issued 6 year rate reset preferred @4.5%. The reset in 6 years is equal to the 5 year Canada yield plus 2.94%. Do you think that yield potential will be sufficient to keep the preferred trading at about par in the interim?
Q: Just a comment as well on your suggestion with respect to Wi-Lan. I, too, succumbed to your choice in the contest, and am unhappy with the stock coming down. I'm prepared to check further your instinct and wait a while.Yet,is it realistic to expect their portfolio of patents to do the trick within 3 months of the contest selection ?