Q: I have small positions in each; both underwater for a long time. Any point in hanging on?

Q: In my well diversified portfolio, these are losers. I do not need the cash. Which in your view are not worth holding? I am content to hold on for any possible turnaround.

Q: I bought some Zargon debentures as a speculation under $50 and they have had a good run with the news of an asset sale. Assuming the sale closes and net debt is down to $35 million do you think the debentures should be held to redemption next year or does the remaining risk favor cashing in now.
Also, does Toscana's sale of 6% of their production to reduce their debt by about 20% improve the prospects of that company's debentures enough to consider them?
Thanks, Jason