Q: Regarding Linda's question on washing within RRSP. RBC Direct for a few years now, has both US and Canadian currency accounts in RRSP, TSFA and all other accounts. Thus when you trade US securities they stay in US $ and you are not hit with currency exchanges coming and going. I find this feature a huge advantage.
steve
Q: Peter and Team, I used to think this was just coincidence. But I’m quite positive now that I know FOR CERTAIN how to determine exactly when a stock is going to drop between 5 and 10 percent, to wit: This will occur within the two trading days following my purchase of said stock. (Latest example: Exco.) My question is: how can I harness this newfound knowledge for my own financial benefit – or possibly even for the good of all mankind? (Please do not say “buy puts”. I’m quite sure this would only cause the stock to skyrocket.) Thanks as always, James
Q: Hello Peter. In a RESP account for a 16 yr old child valued at 50k, are you comfortable moving it to model income portfolio. Current holdings CDZ,CHB,XHY,CNR,ENB,XFN (about equal weights). or any other suggestion.Thanks and keep up good work.
You have probably already aware of Amaya response below. You may or may not wish to publish however I was wondering what would be a good entry point here, if I was to leverage down
"Amaya comments on media report regarding Italian operation (cnw)
MONTREAL, March 11, 2015 /CNW/ - Amaya Inc. ("Amaya" or the "Corporation") (TSX: AYA) today provided clarification to a media report regarding a tax dispute involving the Italian operations of PokerStars.
The tax dispute relates to operations of PokerStars dating from before the acquisition of the company by Amaya in August, 2014. The merger agreement related to that transaction provides remedies to address certain income tax and other liabilities that might occur post-closing but stemming from operations prior to the date of acquisition, including monies held in escrow as initial sources for indemnification. The current tax dispute is something Amaya was aware of prior to the transaction. Amaya does not anticipate that these tax issues would apply to future fiscal periods. The company's operations continue as usual on www.pokerstars.it and it remains focused on delivering the most popular online"
Q: Dear Gentlemen,
In your anwser for AW.un today, '' We think it remains safe to buy some for income, but would not load up to a huge position.''
For my information , what HUGE means in %
I have a position of 5% - for entire PF since last 5I report
Thanks and best regards
Q: Further to your comments from Peter, then would this not be an excellent opportunity to leverage down. With the strength in the US dollar, and the possible intention of interest rate increase, the Canadian Market has really felt the brunt of everything is the past few days.
Q: Thanks for the prompt response to my earlier question today re Urthecast.
I neglected to ask earlier - could this be a good time to buy a small position in the company?
Q: ITP expects lower Q1 revenue, margin and EBITDA due to lower resin and oil prices. But these are their raw material costs, so I understand their effect on lower revenue, but I thought should give them higher margin and EBITDA.
Q: Investors are obviously nervous with the bad press that amaya has got recently, reflected in the share price. But with the massive potential for this company going forward I cannot believe that the CEO would be so stupid as to jeopardize its operation by providing a friend with insider info. Hopefully we will see some good results come 31st March and put this sordid episode behind us.
Q: UR has reached a new 100 day high today. I cannot find any news as to why the positive movement over the last couple of weeks. Is it just hype or is something concrete happening?