Q: I'm down 15% on TFII in my unregistered account. Do you see any short term bounce ? I am considering if I should sell to claim the capital loss? Understanding that this is my choice, would you sell for the capital loss my place? If so would you buy it back after the 30 days or move to something else?
Thanks
Thanks
5i Research Answer:
We continue to like the stock a lot, but following recent earnings it may not have a short term catalyst for a bounce. We would be comfortable selling/rebuying, especially considering capital gains tax changes next month.