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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: I wanted to respond to Roy's concern that the answer I received from TD Waterhouse was a "load of crap " as I believe it could cause a lot of concern among your members that they are being cheated by their online brokers. The best way to do this is with math - Lets say that in total  TD WaterHouse  held 101 shares, split with 19 clients holding 5 shares and 1 client holding 6 shares.  Their total of 101 would be rounded up to 152 shares in the 3 for 2 split and that would be what TD Waterhouse would receive from BEP.  If you look at the clients accounts separately the 19 people would be entitled to 7.5 shares - 7 physical shares and cash for the .5  and the one client with 6 shares would receive 9 shares post split  for a total of 19 X 7.5 + 9 = 151.5 share equivalent in compensation..... So if the total number of shares that the broker holds in trust is an odd number they are making at most .5 of a share - not .5 of a share on each client as Roy implied. As well its the only fair way to treat us. I would be upset if I was the guy holding 6 shares as I am getting 9 shares or 1.5X the number of shares post split whereas if the guy holding 5 shares was rounded up from 7.5 to 8 shares he is getting 1.6 X the number of original shares. Nothing looks deceptive or dishonest to me.
Read Answer Asked by Scott on December 22, 2020
Q: Further to an earlier question, I remained puzzled by HFPC.U. I can invest in it with RBCD and at the moment it's around $5 with volume so far today at a mere 3000 shares. Fine. However, FAH-U-T, which the Globe and Mail database also states as Fairfax Africa Holding is at 4.85 with fifteen thousand shares traded today. RBCD does not recognise this symbol but does recognise HFPC.U. RBCD is proving itself useless at answering my questions. Any idea what's going on? Thanks and season's greetings. Al
Read Answer Asked by alex on December 22, 2020
Q: With my current shares in CSU( Thank You!), and at 1.859817814 shares in the spin out, I would receive X.96 shares. I can't find any evidence of a cash payout on the fraction. That leaves me contemplating selling one or buying six today to reduce any stranded fraction. Can you give me an idea as to where TOP ought to be trading when it comes on?
Thank You and best wishes for happy and healthy holiday.
Read Answer Asked by Tim on December 22, 2020
Q: Not sure if you can get to this question in the short time it is relevant but it has been suggested that it would be "best" to own CSU in multiples of 7 for purposes of the spinoff. How important or useful is that? Would you buy a couple of shares just to accomplish that if you intended on selling those newly bought shares in the near future to restore your portfolio balance?

Appreciate the insight.

Paul F.
Read Answer Asked by Paul on December 22, 2020
Q: Hello,
I have been reading about FaaS (function as a service) and from my readings it is predicted this will grow in the next 5-10 years. Which current companies would be ones to invest in now in hopes for growth in the future?
Read Answer Asked by Sarah on December 22, 2020
Q: Aritzia is trading near pre-pandemic levels. Analysts: 9 buys, 0 holds, 0 sells. I read that people are saving more money since the pandemic. I doubt the stores are as busy as last year. I know they have e-commerce but I don’t know if that makes up for the lack of foot traffic. It was a top pick on BNN by Teal Linde this Monday. I was thinking of selling but now I’m torn. Wondering if this is a good hold going forward. Thank you again for the excellent support!!
Read Answer Asked by Steven on December 22, 2020
Q: I notice you really like Unity software.Can you explain a bit more about why you like it so much.Do insiders own shares?
Is there a lock up period and when is this ending?
And at what price do you see the shares in a couple of years?
If you had a choice between CRWD and U ,which one would you choose?
Read Answer Asked by Josh on December 22, 2020