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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hello Peter & Team,

I have been patiently holding VMD since the early November 2019 drop expecting this to be a company leaned on during the current pandemic. Today it is up 14%. Is there a reason for this jump? And what are your expectations moving forward?

I did read the article posted earlier today.

Thanks for all you do

gm
Read Answer Asked by Gord on April 14, 2020
Q: Would you please tell me what you know about this company and how to invest in it. Do you think it has possibilities positive possibilities? Thank you. Anne
Read Answer Asked by M Anne on April 14, 2020
Q: Can you recommend a good ETF probably US based, which has companies in the forefront of corona vaccine development/demonstration, as well as corona related testing and diagnosis.
Read Answer Asked by Vinod on April 06, 2020
Q: The company said in its last release that they will get their new product tested on live covid-19. Once this is done they will re-release the results for clarification. Assuming it works, should we see another good bump in the stock price. Is it highly likely a larger company will make a deal with them sooner than later because of its urgency or the company themselves could start mass producing it.

Thanks Steve
Read Answer Asked by Steve on April 03, 2020
Q: Apologies for repeating. Take credits freely. Two quick follow-ups to my Covalon querry. 1. I had assumed that the Saudi problems coincided with a Canadian government comment that the Saudis got offended and defensive about, not that it was a problem with COV, but with Saudis. If I remember correctly, the Saudis cancelled all contracts with Canada because of an innocent statement by a government minister. And 2, from what I have read Covid-19 is here to stay, and will return probably each year, and will need to be controlled with a vaccine, somewhat akin to flu (but more serious). We will still need Purell and anything else in the market to stay safe. I'm not trying to defend the company, but just trying to dig a bit deeper in why you don't trust the management anymore, aside from the Saudi issue. Also, the shares are in my TFSA so no tax loss benefit. The volume on the stock has always been very low, so perhaps I should let it go gradually? Again, any further insight would be much appreciated.
Read Answer Asked by Gordon on April 01, 2020
Q: For those of us who still have Covalon shares, should we hold on to see if their product does have some promise? Or should we sell into strength. At one point, back pre-Saudi problems, you seemed to be very positive on the company: I had assumed you had a feeling for management and financial strength. Now, reading between the lines, you seem to be implying it is somewhat akin to a VSE mining stock promotion. (Maybe that's not a fair statement.) When I look at the product Covalon originally had regarding anti-infection of wounds, it makes some sense that they could pivot to something that might kill a virus. I understand that it would include sufficient alcohol to do the job, so is comparable to Purell. But they claim to have made something that would last longer than a simple alcohol wipe. I hear you say it is interesting, but I'm not quite sure how to take the fact that they were asked to re-write a somewhat promotional news release. Should we sell and then return when the product is more developed, or just hold for now?
Read Answer Asked by Gordon on April 01, 2020
Q: Thinking about investment implications of this crisis. In a recent investigation by Assoiated Press it was reported that " The critical shortage of medical supplies across the U.S. (Canada?), including testing swabs, protective masks,surgical gowns and hand sanitizer, can be tied to a sudden drop in imports, mostly from China". Do you think there will now be a new emphasis on domestic manufacture and if so where might one find the companies that would benefit?
Thanks
Mike
Read Answer Asked by michael on April 01, 2020
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