Q: On Oct 15 the 5i team declares that its time to sell it full position in Trevali out of one of the virtual model portfolios, when it is selling in the low .70 cent level. In his most recent appearance on BNN Market Call about a month(?) ago, Peter suggested against selling in the low .70 cent level because it is at too low a price and this would be an inopportune time to sell - implying there is better value to be had for a patient investor. Then on Oct 5, the 5i team says Trevali is still worth holding on to, but on a "short leash". Talk about mixed messages!
As a 5i subscriber, I would prefer if your team would ramp up your collective wisdom and signal sell well before a security hits a major trough. You have done similar patterns re securities such as Air Boss, ZCL and the infamous Concordia Health Care fiasco, (now recently revived by virtue of a 1 for 300 reverse split!). I am guessing that since your model portfolios do not involve any of your own real money, you tend not to pull the trigger on sell signals. But your subscribers are self-managing their own real money. We need your timely recommendations for sells - not wait for a "throw in the towel" attitude to prevail among the team before announcing selling a full position. For most of us, the sell decision is the most difficult, and courageous timely clear sell signal recommendations especially for model portfolio positions holdings would be very much appreciated going forward! Would 5i consider this request and respond? Thank you. Comments?...
SGR
As a 5i subscriber, I would prefer if your team would ramp up your collective wisdom and signal sell well before a security hits a major trough. You have done similar patterns re securities such as Air Boss, ZCL and the infamous Concordia Health Care fiasco, (now recently revived by virtue of a 1 for 300 reverse split!). I am guessing that since your model portfolios do not involve any of your own real money, you tend not to pull the trigger on sell signals. But your subscribers are self-managing their own real money. We need your timely recommendations for sells - not wait for a "throw in the towel" attitude to prevail among the team before announcing selling a full position. For most of us, the sell decision is the most difficult, and courageous timely clear sell signal recommendations especially for model portfolio positions holdings would be very much appreciated going forward! Would 5i consider this request and respond? Thank you. Comments?...
SGR
