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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: In December I moved ATD from my TFSA to my non registered account where it promptly tanked and continues to be very volatile. I'm down over 5%. Is there a rule of thumb about how long one lets a once winning stock ride before throwing in the towel? As an older senior, I don't have a lot of years to ride out the loss, but am willing to for a while if it seems reasonable.
Read Answer Asked by M.S. on November 05, 2024
Q: I am planning to sell my shares in CNR. I have done well holding it for several years but there just appears to be opportunities for better price appreciating than CNR has over the past couple of years. I would prefer to replace it with a Canadian company. It does not need to be an Industrial. I am currently over weight financials. I am ok with some risk. What companies would you consider as a replacement?

Thanks for all your help,

Mike
Read Answer Asked by Michael on November 05, 2024
Q: Thank you for your prompt response Peter. My take on the stock’s recent trading history….10 weeks ago Simply Wall Street comments that the stock’s Q2 revenue was boosted by one time items. We get closer to Q3 release date and there is selling as some investors fear the numbers will be weak, thinking that revenue will not match the previous quarter. No more one time items. Eric Sprott sees that as a buying opportunity as he is a longer term investor. The shares are tightly held and so hard for Eric to acquire unless there is selling pressure. I’m assuming Eric is buying on the open market, not through a private placement. Do you agree?
Thanks,
Jim
Read Answer Asked by James on November 05, 2024
Q: Hi 5i Team - A link from Yahoo Finance on news for Lumine today took me to Simply Wall Street which raised three concerns for the company: 1) Earnings have declined by about 80% per year over the past 5 years; 2) Shareholders have been substantially diluted in the past year; 3) There has been significant insider selling over the past 3 months.
For number 1) how reliable is this information especially considering Lumine has only been around for less than two years. In fact how reliable is any of this information including the website itself. Could you provide your reaction to each of these three concerns. Thanks.
Read Answer Asked by Rob on November 05, 2024