Investment Q&A

Q: I invested with Bitf since last two years. very bad performing stock so far, and Institutional investors and RIOT are selling their shares as well. Not sure what going on inside the company? I am worrying for the Total lose, I don’t mind to wait for the next two to three years more. Can you please share your thought on this? normally I invest the three-to-five-year timeframe. Is it worth it to stay with this Bitf next two year more OR take a lose and move it with some other miner stock? Can suggest some CAN or US bitcoin related stock?

Q: These are my 4 roughly equal weighted stocks in my TFSA which represent approximately 2% of total reg.and non reg. accounts. I have taken a barbell approach to this portfolio with EIF and GLXY anchoring the ends.
I have held WELL for several years waiting for that sustained breakout expected ( any day now ? ) and am down 20%. How much more time do I give it ? They seem to be getting all the pieces together and management is respected but I am getting itchy to sell and move on. Wait another quarter ? What will make it move higher without retreating ? What would YOU do if your portfolio ? Finally please provide 3 growth alternatives ( with reasons )should I decide to pull the plug .
Thanks. Derek

Q: The offering was supposed to close on June 3 but I haven't seen any news on the closing?

Q: Does the deal CRWV signed yesterday with Applied Digital have any negative implications for GLXY ? Is CRWV the only client using Helios Data Centre? Curious why CRWV signs these long terms leases and if they will continue to "rent" between having NVDA backing and there stock going to the moon, why not build their own data centres?

Q: How would you rate these for holding in the SMID Growth section of a portfolio (A couple may not be SMID, which means they just may not be forever keepers for me) - I hold all except SNPS and NOW, which I've been watching, and I’m thinking of consolidating into 6-8 positions, but could keep more. I'm considering 3-4 for shorter-term growth, 1-3 years, 3-4 for longer-term growth, 5-10 years. Please order from most conviction to least with a preference to Shorter (S) or longer(L) or either (E). Thanks!
SNPS, NOW, GLXY, KSI, FOUR, ROAD, CLBT, CRM, HPS.A, VHI, GENI, SRAD

Q: Would you consider this stock a buy now? If not at what level would you consider it a buy?

Q: Hi 5i, Any surprises on final price or size of offering? Looks like $19 usd. Would you add at today's discount to actual price? Thx.

Q: Is today’s dip an opportune time to make an initial purchase or would you prefer to let the dust settle. I tend to be a buy and hold investor and have been waiting to get into this space.
As a second question, what do you think of GLXY’s plans for the money raised.

Q: They announced a big share offering but not the price, haven't seen that before?

Q: Since US listing GLXY is trending lower and it seems today May 28 is really getting crushed. Was it a case of buy the rumour sell the news? Has the bubble burst for it?

Q: How would you rate buying these growth stocks today for a 3 -year hold?

Amzn, goog, VHI, PRL, CLS , HPS.a , GLXY, VHI, FOUR, ROAD , CRM, CLBT

Q: Would you need to have a US $ account to hold and what’s involved for a tfsa and are there any tax implications from withdrawal from tfsa?

Q: Follow up to the last GLXY answer. Could you explain the transfer process in more detail please.
I don't understand the process. Are the Canadian shares going to be sold then repurchased on US side? I hold in my DYI TFSA and RRSP accounts with other US holdings.
Thank you
Jeff

Q: Just a follow up on yesterdays question re the exchanges.
If the shares on the Canadian exchange are delisted does one need to sell on the Canadian side and then buy on the US side if wanted or will this transfer happen automatically? I don't really want to sell my shares and trigger a capital gain only to buy the same on the US side and pay two transaction fees.
Thanks
Jeff

Q: Hi,
In your answer to Neil yesterday, you said that there are numerous high growth software companies that remain down 20%.+ Could you name several you like, both US and Canadian? Thank you Mike.

Q: I'm looking to add some bitcoin exposure to my portfolio. What is the best way to do this? I know of MSTR and FBTC but I saw in a previous question that you prefer the bitcoin etf or whatnot to be in usd. Can you recommend some stocks or ETF that would give this exposure without having to purchase it directly?

Q: I am up 140% on GLXY. Thank you.

I believe the strong recent performance is due to its NAXDAQ listing.

If this is the main reason it is up in a few days/week this news will be old and it will most likely pull back.

It's RSI is overbought and CCI is bearish.

What is your take on this? Has it hit a short term peak and will pull back shortly?

Sheldon

Q: When does Galaxy enter the Nasdaq?

Q: So I bought GLXY at its peak of $34.00 and then watched it drop precipitously and then bought more at $15.00 so averaged out at $19.50 , it’s now $32.00. What a ride ! In my TFSA and still own.
I bought it because it is well managed, diversified in the crypto world, solid financials , future Nasdaq listing , and looks to benefit from Trump’s support of crypto.
While I have personally experienced its volatility I wish to mitigate such extremes as I recently experienced. I am worse at selling than buying a stock ( common to many investors ?) so am looking at stop loss orders. I believe you are not a fan but David Burrows uses them on every stock so thoughts vary on them. He uses point and click charts ? I was thinking of just using a simple % such as a 20% decline since it has such volatility. What is your suggestion on selling stocks and using certain dynamics when determining when to sell ? Thanks. Derek.

Q: These 4 stocks , held in roughly equal amounts, constitute my TFSA , which holds my riskier , growthier companies. It’s early yet but could you give me 3 companies to review and follow before the next TFSA contribution.
Also, your choice of either PXT or TSU as potential picks. Thanks Derek