Q: Concordia - Due to the fact I bought it at such a high price and doubled down more than once it became more than 10% of my portfolio and I still own it because I got your bailout email. By the time I got to read my email it was after 4:00. Many BNN guests had it as a top pick so it influenced my impression of it. They managed to keep secrets on how bad they were just like Sino Forest and I am concerned that other companies will do the same to get people to buy stock in their company. On the lighter side of things, I have Lundeen (LUN) which is starting to die out and I am considering switching to IVN as it seems to be on the upswing. Your opinion please. Dennis
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Investment Q&A
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Q: Hi 5 I -- I don't know what happened: I thought I had input Alterra in the drop-down menu -- Alterra Power, AXY is the first question. Here is the re-submitted portion, in its entirety.
"The last comment I can find on this company is August 2015. May I have your updated views? I am thinking of a 2% position. Also -- Rick Rule talked about Ivanhoe Mines on BNN last night as if it were the Second Coming. Is it worth all the hype? Notwithstanding the nice price movement it has had in the last few months. What weight does it deserve in a portfolio of "mid-to-high risk tolerance". Thanks. (Please take 2 credits, for 2 questions.)"
"The last comment I can find on this company is August 2015. May I have your updated views? I am thinking of a 2% position. Also -- Rick Rule talked about Ivanhoe Mines on BNN last night as if it were the Second Coming. Is it worth all the hype? Notwithstanding the nice price movement it has had in the last few months. What weight does it deserve in a portfolio of "mid-to-high risk tolerance". Thanks. (Please take 2 credits, for 2 questions.)"