Investment Q&A

Q: If you were going to make one investment into crypto would would you suggest and why please? Also, you placed HUT on a list of "Bottom 10" ... why please? Thanks again!!

Q: Do you have a canadian stock or ETF you can recommend that is focused on blockchain technology. Thank you for all your insight

Q: Which of HUT, HIVE or GLXY would you recommend for a small speculative position? Or would you suggest a combination of HUT or HIVE plus GLXY assuming no material difference between the two bitcoin miners? Alternatively, is there a crypto ETF that you would suggest instead? Thanks.

Q: I was wondering if you could comment on the latest earnings of Hive. To me it looked like it was better than Mara and HUT. Also two new facilities also should be commissioned soon. Should be able to increase their mining?

Your thoughts please.

Q: Hi Peter,

In response to Robert’s question of Nov 10 regarding your thoughts on what folks will wish they had done before interest rates start going back up, you said “…we would reduce very expensive growth stock exposure…”

My 24 year-old has a concentrated, strongly growth-oriented TFSA (at least 10+ yr investment horizon). He’s comfortable in holding higher weightings and “letting the winners run” of those companies that seem to have “staying power”, recognizing that there will be inevitable periods of under performance in their stock performance from time to time (LSPD, for example) but that over the “long-term” they should produce attractive returns. The growth stocks that have done well for him so far include:

GSY (+434% return/16% portfolio weighting)
LSPD (+432%/9%)
KXS (+161%/15%)
TOI (+42%/12%)
HUT (+103%/6%)

He also has the following growth stocks that (so far) have been less than stellar:

AT (-39% return/4% portfolio weighting)
MAGT (-29%/3%)
NVEI (-10%/4%)
WELL (-1%/7%)

Which of the above would you consider “very expensive” and reduce exposure to, regardless of current weightings? In general, aside from personal risk tolerance/comfort levels, how do you determine by how much or to what level, you would reduce “very expensive” holdings to versus simply “letting the winners run” over the long-term? Which of the above stocks that are currently in the red would you reduce exposure to given this is a TFSA (no tax loss benefit if selling for possible later buy-back) - rather than riding out (potential opportunity cost) what is hopefully just the volatility inherent in growth stocks and a period of under-performance (of indeterminate length, admittedly) - assuming no changes in the investment thesis and fundamentals of these companies and the long-term investment horizon.

Thanks, as always, for your insightful help.

Q: I don't see a recent answer for HUT8.
I know little about this company, yet a technical flag (Diamond Bottom, with $8.80 target in 60 days), caught my eye.
The Morningstar Quant report of July 30 shows a rating of Three Stars, with a PE of 10.2, and Fair Value of $7.42.
Sounds interesting.... if only I had a clue on how they make $$ and if the above factors are even relevant to a stock in this sector.
Many many thanks.

Q: Can I get your opinion on some publicly traded bitcoin mining companies. The only player in Canada I've come across is HUT 8.
Specifically:
1. Do you see these as actual viable companies / viable business models or just another play on rising bitcoin prices?
2. earlier this year [Feb/21] you noted you didn't see much differentiation between any particular publicly traded mining companies. Has that view changed since then.
3. Can you explain the massive rise in prices in late 2020 and the recent drop? Just tied to the price of bitcoin?

Thanks (as always) for the excellent service and assistance

Q: Hi! What is your short-term and long-term outlook on the above companies? Also, what are the differentiating factors between the various crypto miners? Do you have any favorites? Thank you!

Q: Hi, other than GBTC and QBTC, if one wanted to take a flyer in some bitcoin stocks, what would be 2-3 "high quality" Cdn or US names and how would they rank? And any other ETF's other than the two mentioned that could benefit? Thanks!

Q: Why do you think HUT shares crashed today?

Q: your thought on cyptocurency in general and on these company in particular. do you think these will survive even though they appear to be small caps

Q: I am interested in researching a couple of cryptocurrency stocks. Could you please recommend your top 2 and your views on the space in general. Thank you.

Q: Great service—thx. Could you pls comment on Hut8 recent earnings? You mentioned in the past that you wanted to see them make a profit. Do you have a preference for BITF or HUT8 pls?
With gratitude

Q: Hi there, what would be the best way to play bitcoin if one wanted to purchase either an Etf or individual company? Thanks!

Q: I bought both of these companies in 2018, and both are down approx. 30%. Can you please provide your analysis, and opinion if they are buy, hold or sell.
Thanks so much!

Q: HI
Wondering what other companies you could recommend that has some association/ benefit from bitcoin and mining technology. Ex Hut 8

Q: Can you please provide your analysis of Hut8 Mining HUT-V. It is a cryptocurrency & blockchain mining company. What do you think of the long-term prospects for this industry? Thank you.