Investment Q&A

Q: Peter if shopify does get bought out which 2 companies are looking to buy them out. And since i am a share holder of lightspeed should i be concerned. What are your thoughts about holding on to lightspeed as of now.

Q: given the news on shop, is a good time to sell lspd? i bought at about $32.

Q: Why would it be negative for LSPD if there are takeover news on SHOP?

Q: Any news on LSPD causing the big drop today

Q: These two companies have dropped below my preferred 2.5% level , not so much because they have done so badly but more so because the others have done so well. I would appreciate your thoughts on the future of the two companies named.

Q: After checking with a CRA employee I understand they rec. only info on non-registered a/c's. In past years & more than once I have taken a small loss & quickly repurchased in a Registered or TFSA a/c. No problems. Worst that can happen they will deny loss.
If it's a huge loss I would not take that chance.

Q: Hi team I asked a question on LSPD re claiming a loss. While that question was answered I also asked for a analysis of the company over the short term. Unfortunately the second part of the question did not get answered please analyze LSPD short term/long term also am looking at buying QSR can you also give your opinion thanks

Q: Re your answer to Terence that he will not be able to claim his loss on LSPD because he bought them back in ANOTHER account within the 30 day period. The capital loss can be added to the Adjusted Cost Base of the new shares so that he eventually will get the benefit of the loss PROVIDED he bought the new shares in a taxable account. I have at times ignored the 30 day rule when it was beneficial to rebuy shares within the 30 days.

Q: See previous question below - obliviously bad advise + poor judgment on my part Anyway in order to salvage something I bought 200 shares LSPD back today in another account. Am right in assuming that the loss in the first account still stands and that as long as I do not buy any thru that account I will still be able to claim the loss?. Thanks PS do you see LSPD going back to test the $49 high in the next short time ? Appreciate you guidance (win some lose some )


I recently sold LSPD to crystalize a tax loss I sold it on Nov 22 for $29:72 presently its at $31 and change. I sold it after getting your opinion on tax loss selling. When I asked the question I was specific about LSPD and pointed out the risk of the stock increasing beyond the $4599 loss in the 30 day window. (always planned on buying it back. Anyway in the last 2 days the stock has gone up over 2 dollars (I had 800 shares so that approx. $1600) I am getting nervous about the stock rallying. Can I have your thoughts should I buy it back now before it takes off and goes back up to previous high of $49 ? or?

Q: I recently sold LSPD to crystalize a tax loss I sold it on Nov 22 for $29:72 presently its at $31 and change. I sold it after getting your opinion on tax loss selling. When I asked the question I was specific about LSPD and pointed out the risk of the stock increasing beyond the $4599 loss in the 30 day window. (always planned on buying it back. Anyway in the last 2 days the stock has gone up over 2 dollars (I had 800 shares so that approx. $1600) I am getting nervous about the stock rallying. Can I have your thoughts should I buy it back now before it takes off and goes back up to previous high of $49 ? or?

Q: Looks Lspd may go down to $ 28 again, your thoughts please or if not what would be support price level? Many thanks

Q: I have the following loss that I can claim as a tax loss- wef = 44% - usa=31% - shop=18% - meg=14% - lspd=16% - Kel=40% gud 30%. My question is there any of these stocks that have any chance they will recover before the 30 buy back period expires? I would hate to sell them and then watch them recover more that the loss that is claimable?- appreciate your thoughts

Q: The lockup period for shareholders in the secondary deal expires Nov 21.If there is a further drop in price as appears selling already started today, is this an opportunity to add/ buy Txs for u usual great advices & services

Q: Hello 5i
I own all of the companies noted. I'm wondering if there is excessive overlap here and if I should sell one or more in an effort to reduce overall holdings?
Thanks
Dave

Q: This looks like a good entry position ,do you think it’s worth waiting for a possible tax loss selling pressure coming in the next 2-3 weeks or right here around $31.Also are there any near term catalysts and when is the next quarterly report
Thanks

Q: Transcontinental and Lightspeed are my 2 Tax Loss candidates this year. I intend to buy back LSPD. Is there any compelling reason to buy back TCL?
Thank you

Q: I have half positions in these stocks,purchased at lower prices, thanks to 5i.In what order would you add to increase my positions today?

Q: I bought a small position (1.5%) in LSPD two months ago thinking of adding to 3% later on, but with all the news and disenchantment lately regarding the new high growth companies and the failed IPOs, do you see a higher risk on LSPD? I have a long time frame, and was wondering if I am just concerned by short term noise. I do understand LSPD comes with higher risk than most stocks, but wanted to know your thoughts.

Q: Hi Ryan,

Just read a recap of your appearance on BNN today. How come you do not own any of your past or current top picks?

Q: read the quarterly earnings report twice, what did i miss that causes stock to retreat. dave