Investment Q&A

Q: A follow up on LNR:
thanks for your comment on linamar...
is profit taking and earnings miss by 1 penney enough for such a large drop?
I am wondering what kind of 'cycle' this stock might follow ( I'm sure I dont understand the nature of 'cyclical stocks') Is there a seasonality or does it depend on the pressure of buying automotive and/or what sort of (other) predictability factors would be involved in the cycle that linamar ( and others in this sector) would be subject to
Thanks

Q: Do you have an opinion on the "structured notes" issued by Canadian Banks ? For example, RBC Principal Protected Global Large Cap Growth Note. It seems that the principal of the notes is protected, but the principal will not be paid back for 6.5 years. Interest return is variable, depending on the underlying securities, but should be higher than standard rates (some say up to 9%). Surely such returns could not be guaranteed ? Can the notes be re-sold prior to term ?

Q: Just an anecdotal comment on day trading: I know a day trader who got his professional training at one of the big 5 banks trading departments. In his mid-forties now, he claims to make his living doing this by trading off the most active list (he seems to live well); his mantra is it doesn't matter if it's going up or down, use the technicals for your trend, and ensure you're out of all positions by market close. Also Online Trading Academy offers a week-long stock trading course for about $5000 that's very technically oriented. I think the lesson many have learned is that you have to know what you're doing here as many have tried and few succeeded consistently. In addition, it's a full time job.

Publish if you think this is instructive.

Q: Peter and team could you give me your view PNE , I know I have asked this question before I am wondering if anything has changed.

Jim

Q: Peter and team , YRI keeps going down ,do you think it can survive ?
If you think it will survive should I buy at this low price ?

Thanks Jim

Q: Hello Peter & Co,
A follow up on my previous question. SIS is classified as Industrials; is it because of its manufacturing side?
PM is classified as health
Thanks,
Antoine

Q: i just read the complete quarterly report on surge , it sounded so good i am tempted to jump in,especially with that 12.5 per cent yield, it seems like they could easily handle 40 dollar oil. what do you think. dave

Q: Just a follow up to surge. There was a $5 offer made in June when SGY was trading over $4. The CFO left because he thought the company should sell out but Paul Colbourne didnt like the offer. Time will tell if this was the right decision.
Thx

Q: WSP beat earnings whereas Stanec (STN) missed. Safe to assume that you would prefer WSP right now and that it is still ok to initiate a position?

Q: after the earnings report which 3 stocks would be a great buy right now

Q: What are your thoughts on the month slide of MCB (aside from oil price)? Is it a buying opportunity?

Q: Comment on Q2 earnings/loss please.

Q: Hi everyone,
On last nights market call Michael Smedley stated that stocks are going nowhere and are gaining one day but giving it all back and more the next. Even the good ones don't seem to be making any ground. He went on to say he feels this is now a bear market and other fund managers know this but are not admitting to it. What is your take on this and if we are in this malaise it could go on a lot longer than we expect ?

Many thanks for a great service

Peter

Q: The stock continues to fall like a stone, I'm in the red on this one, your last answer on this in July indicated you don't see bankruptcy in the immediate future and the government could possibly step in to protect bond holders if things continue to worsen.
Has your position changed on the last three weeks of news on BBD and what would be required of BBD for you to recommend it as a buy.

Q: Peter and team I am looking at trying some day trading can you give some stocks that would be your pick to try .

Jim.

Q: Hi - any update on VSN? Is it getting crushed for a reason or good buy now?

Q: Why do you like the prospects for Sun Life relative to Great-West Life. GWO appeared to be in better shape to manage the financial crisis of 08/09 and would that not indicate that GWO is a better managed company?

Q: I've held this stock for a few months and I'm above water on this stock. If you held it would you continue to hold it or sell it and move on to something else. Thanks for taking the time to read my question.

Q: Hi Peter,
I am sure WSP holdings will move higher given their earnings, and stantec may move a lot lower with their miss. However, I am thinking of selling wsp and add to stn. Is this wise for longer term hold for stn? Constellation moves 20-30 per day. Do you think it is simply trading eventhough it is thinly traded stock. Fairfax is having challenges lately. I am thinking long term hold. Any comments and Concordia seems to have risen too fast in a year. Is this something to worry about and finally Currency Exchange is flat. Any comments. Much appreciated for your advice.

Q: Hi Team, I'd appreciate your thoughts about CVS Health Corp. Thanks.