Q: I have received a proof of claim form for Amaya Inc. Securities, Seattle respecting a class action suit. I have received a dozen of these for companies that I have held in the past. My one experience of spending many hours filling out forms and paperwork and research and dealing with Siskinds LLP was after 2 years and a lot of my time, in the hopes of recovery my losses ($5,000.00), I received $150.00. Is it worthwhile for shareholders to go through this, or is it strictly a benefit to the lawyers to collect names for their suit?
As I started to bring this to your attention, I noticed someone has written in about webinars. Where do I find them? Thank you Dennis
Q: Based on some of my recent readings, it appears that companies with long term vs short term thinking and decision making processes outperform in the long run. A few companies that come to mind for me would with management teams that don’t worry only about their quarter to quarter numbers would be CSU, JPM, Berkshire and Amazon. Can you name as many companies as you see fit that meet this criteria ‘long termsism’ thinking that would be good long term buys in the USA or Canada? Thanks again
Q: Magna is cyclical, they say. Do you think it is near the bottom of this cycle? I originally bought at 48, reduced at 71, is it time to top up again? Thanks Jim
Q: Hi, taking a licking on energy with wcp down 40% and vet down 25%, is it best to hold until after tax loss selling and hope for a turnaround?
It is hard to figure with Trump trying to keep oil low, more renewable energy, Saudi’s turning on more supply, no pipelines, feds not really helping, carbon tax, and of course a big discount we give away to the USA losing billions.
It looks really bad, maybe I should add as this may be the low? Your thoughts, buy ,hold, or sell
Q: Why has there been such a huge drop in the share price over the last few trading sessions? I can’t find any company specific news. Does it have to do with the uncertainty in the market due to the Saudi situation since it operates in Egypt? Oil price has dropped but not as much as the stock price of TGL.
Sdx stock price has acted similarly and both appear cheap. Is it worth buying a little more of both or wait for more positive momentum?
Q: I would like to attend this webinar, but unfortunately I’m away from an internet at the time of the webinar. Would I have a chance to review this webinar on a later date?
Thanks
Q: Recently TV was eliminated from the growth portfolio. I still have a full position in a registered account. Based on the recent sell off and current valuation do you think it is still a sell ? Is the valuation so cheap that it is now at least a hold ? The sell off seems over done. Your advice is always appreciated.
I was watching CNBC earlier this morning and they were mentioning awaiting a wash out in the markets before it things can become positive again. Do you believe in the theory of wash outs and is today’s performance reflective of that occurring?
Q: Hello - I m very interested in the Webinar tomorrow (October 24th) but will not be able to attend. Will it be archived on the site for members to view at a more convenient time?
Q: Hi Peter, Ryan, and Staff,
Even though I 'thought' I had elected to receive some BIP shares with the sale of ECI, I notice today that all of my ECI shares were sold. Thanks again to 5i.:)
ECI was held in my TFSA, and my only Industrial holdings in this account are SIS and TFII. If I want to stay in the same sector, would you suggest deploying the new cash by adding to either or both stocks, or investing in a new Industrial stock or even an ETF like ZIN? Thanks as always for your valued advice.
Q: Should I take my 42% loss or hold on for better days ? Lucky for me it is a small position. Is it more related to the sector and economy and/or problems at the company ?
Your comments please.
Thank you !