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  5. LEV: Portfolio Cleanup Part 13 [Lion Electric Company (The)]
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Q: Portfolio Cleanup Part 13:
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
Asked by Charles on September 19, 2024
5i Research Answer:

LEV sell. Too small, too much competition, too much debt. Going to need more capital. NOW $10M marekt cap down 62% this year. High debt. Sell; PKT higher risk hold. We like the strategy but debt is high. We need to see positive income for a stronger endorsement. TINY hold. TINY shares have been under pressure since June when the company abruptly announced a change in leadership as the former CEO – Andrew Wilkinson stepped down but continued to be involved with the Board effectively immediately. TINY used to be an acquisitive growth story; the company aimed to replicate the success of BRK.B in small e-commerce businesses. However, with a change in leadership and a series of weak earnings, we don’t think TINY’s story is as attractive as it used to be.