Q: Hi there,
I read this morning that Steve Hudson founder of ECN recently purchased 500,000 shares. Would you read anything into this other than his belief in the business?
Thanks!
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Help me understand what the 2or3 key reasons are, to continue holding ECN, in addition to economic recovery and lower interest rates. Is economic recovery and lower interest rates the dominant reason to continue holding ECN? In your experience looking at a companies whose business was similar to ECN, how long will it be to see a share price response, to these reasons, if properly executed?
Read AnswerQ: Apples and oranges I realize, but who do you prefer at this point in time, and why--ECN or WELL?
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Tamarack Valley Energy Ltd. (TVE)
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Aritzia Inc. Subordinate Voting Shares (ATZ)
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ECN Capital Corp. (ECN)
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Converge Technology Solutions Corp. (CTS)
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Nuvei Corporation (NVEI)
Q: Hi, these are my stocks that are currently down, and would like to do some weeding,and tax loss planning.
I would like to sell one outright, sell three to half position, and maybe keep the remaining position.
The idea is to acquire cash to slowly add to my more stable holdings like ( BN:SLF: CSU etc.).
Thanks, and appreciate your feedback and opinions.
Q: Good Morning
Both my wife I own shares in ECN and have been long time owners and over the years have done very well. However now in our mid seventies and with the new focus for ECN if now would be a good time to exit our position and invest in something more appropriate and conservative for our age. Selling half would leave us with to small a position so either sell all or retain it?
What are your thoughts and if sell is the suggestion what would those suggestions be?
we are over weight in both financials and TECH
We understand you are unable to provide direct guidance
Thks
Marcel
Q: Thoughts on ECN?
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StorageVault Canada Inc. (SVI)
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SmartCentres Real Estate Investment Trust (SRU.UN)
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Allied Properties Real Estate Investment Trust (AP.UN)
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Alaris Equity Partners Income Trust (AD.UN)
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Leon's Furniture Limited (LNF)
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Boralex Inc. Class A Shares (BLX)
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ECN Capital Corp. (ECN)
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Converge Technology Solutions Corp. (CTS)
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Sagicor Financial Company Ltd. (SFC)
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Andlauer Healthcare Group Inc. Subordinate Voting Shares (AND)
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Nuvei Corporation (NVEI)
Q: Trying to reduce my number of stock holdings. Have identified these 11 as small positions that can be eliminated. Intending to use the cash to add to stronger holdings. I try not to think of a stock as a "hold". There are lots of high quality names you can invest in that look better than a "hold". If you were doing a portfolio clean up, and held these as roughly 1% positions, are there any that you would be reluctant to sell?
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Q: After the markets closed today an offer of $185,000,000 was made for 33,550,000 shares of ECN and 27,450,000 pref. shares of ECN.
How do you view this ? Is it beneficial to ECN shareholders?
Thanks for your insight.
Q: I’ve been a holder of ECN for years. Can you please explain the conclusion of their strategic review, and what your view of the company going forward is. What would you do if you held shares? Thank you
Read AnswerQ: Ecn is reporting soon. What are expectations? I am holding with a small loss which I fear is going to turn into a big loss when financials are released and results of review are revealed. The stock is acting very much like CTS leading up to the completion of their strategic review. Thoughts ?
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Q: Over the last months, it was suggested that there would be some news from ECN in August. Any idea what, if anything, might be happening, and when?
Thank you for your excellent assistance
Q: Hi 5i team,
I currently hold a well-balanced portfolio and I am contemplating selling 50% of my position in GSY to purchase ECN. I am willing to take on some risk for potential reward, but I am unsure if maintaining GSY would be more appropriate for my investment space.
Best,
Matt
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Aritzia Inc. Subordinate Voting Shares (ATZ)
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ECN Capital Corp. (ECN)
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Nuvei Corporation Subordinate Voting Shares (NVEI)
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Topicus.com Inc. (TOI)
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TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT)
Q: How would you rank these current and 2-3year potential. All except TOI look to be massively discounted versus previous performance. Possible multi baggers?
Read AnswerQ: IS ECN a reasonably attractive tax loss sale?
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Q: Peter; Would it make sense for EFN to fold ECN into it? Thanks
Rod
Q: Can you provide any sort of update on this company. I understand that the strategic update in August could be interesting, however, what other catalysts could be on the horizon? How do you like the risk/reward scenario? Has there been insider buying? Would you take a starter position here?
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Q: Did not have an opportunity to hear what ECN had to say about their earnings and possible sale of the company. Was there any indication of what direction the strategic review might take and possible timing of any announcement.. Secondly if a takeout does not occur is there anything in terms of future guidance that would provide support for the shares around current levels? Current results appear rather tepid and my concern is that shares could tank without positive news from the strategic review. What is your sense as to what direction the strategic review might take?
Q: Peter; Any news today re the drop? Thanks.
Rod
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Starbucks Corporation (SBUX)
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CVS Health Corporation (CVS)
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Enbridge Inc. (ENB)
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TFI International Inc. (TFII)
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goeasy Ltd. (GSY)
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Aritzia Inc. Subordinate Voting Shares (ATZ)
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VanEck Gold Miners ETF (GDX)
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ECN Capital Corp. (ECN)
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Teck Resources Ltd (TECK)
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VanEck Junior Gold Miners ETF (GDXJ)
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Nuvei Corporation Subordinate Voting Shares (NVEI)
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Lantheus Holdings Inc. (LNTH)
Q: Presently I have the above stocks in losing positions. would you buy more to average down / sell or hold? thanks
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ECN Capital Corp. (ECN)
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WELL Health Technologies Corp. (WELL)
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Nuvei Corporation (NVEI)
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Brookfield Corporation Class A Limited Voting Shares (BN)
Q: I may have missed a few, but pretty sure I've made every mistake trading in the stock market, although thanks to 5i I've done quite well over the years. Prehaps my biggest mistake is holding on to loosers too long and taking big hits. Recently I've promised myself to sell when I'm down 25%. So, I'm now down 25 or more % on these 4 companies but dont want to sell. What says you?
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