Q: Hi 5i, Could I have a fresh look at PMET as a lithium small cap? I know of 3 analysts with target price over $10, does Bloomberg has a similar average? I’m not convinced this is the right time to buy lithium stocks, but would you prefer LAC? I already own ALB. Thanks as usual.
Q: This co. was suppose to be listed on TSX, on Feb 1, from its original listing on TSXV. Could you please find out what is happening with this company/listing.
Q: After Albemarie took a 5% stake in PMET for $109,000,000 which is a small premium to current market cap, what are your thoughts on taking a speculative position in PMET. Canadian lithium investment options are minimal.
Q: What is your take on their recent private placement of flow through shares at C$22.57 representing a 90% premium to the Company’s last traded share price on March 13 of 11.89
Share price today is around 10 bucks. What's going on?
Q: i own lots of lac and pmet, i think this space has a huge runway ahead of it.
can you please give me 2 lithium small caps that you like that are more speculative.i get that pmet is very speculative as well. dave
Q: I just reviewed the FP Investor I received in my email this past week.
In their review they reviewed the 5 worst performing stocks on the TSX during 2022
4 of the 5 were as follows:
SHOP Down 72%
LSPD Down 65%
DND Down 55%
NVEI Down 62%
You guys are running the 3 5i portfolios and are recommending buys and sells.
William O'Neill whom I'm sure Peter has read has one of the prime principles of his CANSLIM model is LIMIT YOUR LOSSES. He recommends as soon as a stock falls 7% it should be sold. To limit your loss. This will prevent catastrophic losses from affecting the portfolio in a major way.
Now I'm not saying that 5i should have this principle exactly but as responsible portfolio managers I do feel that 5i should have a loss containment strategy for those who follow the portfolio and might not be that experienced.
I know in past posts you suggest readers utilize mental stop losses rather than real time stop losses. I feel that 5i as portfolio managers should do the same. Going forward there should be no holding in the portfolios that are down as dramatically as those listed above.
Hope you adopt this as a New Years Resolution Investing Principle to add to your Investment Strategy Guidelines
Q: Could I have your view in this small cap stock. Has it just moved to the venture exchange? Returns lately have been quite good. What is it involved in and where are the mines. Hard to find any information on this one. Tnx