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Sernova Corp. (SVA)
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Gatekeeper Systems Inc. (GSI)
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Neo Performance Materials Inc. (NEO)
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Talon Metals Corp. (TLO)
Q: Portfolio Cleanup Part 10:
I'm embarrassed to admit that I am down 50% or more (!) on the above.......
Are there any with good rebound potential that are worth holding on to? Can you provide a short reason why for each. Thanks
I'm embarrassed to admit that I am down 50% or more (!) on the above.......
Are there any with good rebound potential that are worth holding on to? Can you provide a short reason why for each. Thanks
5i Research Answer:
GSI is quite small and risky, but it has cash, is growing and is profitable. HOLD; NEO is a fairly unique company in Canada, and not overly expensive. The dividend is nice. We would be OK holding for income but would not expect a lot of growth. SVA has had weak trial results, has had to raise money and has a new CEO. Too much uncertainty: sell; TLO will move with the metals sector, but its small size and negative momentum and negative cash flow make it a sell.