Q: What are your current thoughts of Atlas Engineered Products? They seem to be trying to add small legacy type businesses as their method of growth. Do you think they have the management that can pull this off? Are their financials currently solid enough that debt is not a problem at present interest rates? Any other thots positive or negative about AEP? I’m quite positive on this group and wanting to buy more. Should I be tempering my enthusiasm?

Q: If you held the following smaller cap stocks in positions of 0.5% to 1.0% of your total stock portfolio, and wanted to reduce the number of holdings by selling several of them and using the money to add to others, which ones would you sell and which ones would you add to: ACQ, ADEN, AEP, AND, CHW, CJ, DCM, ECN, GEO, HPS.A, LNF, NOA, PRL, QIPT, RCH, RET.A, SFC, STLC, SVI, TVE, WELL, XTC. Assume overall portfolio is well diversified so sectors not a consideration, and that this is the riskier part of portfolio, so, higher risk is fine. Would be great if you could pare this list of 22 stocks down to about 10-15. Thanks.

Q: Can you provide a list of a few microcaps, smallcaps, both us/cdn that could rocket up with a recovery in the economy. Thanks 5i for all you do