Q: I sold ARX for a tax loss in late Dec, and put the funds in SIS.
30 days later, part of me wants to buy the ARX back because it was a stable company with a good balance sheet, and because I took the loss.
I look to 5D for sober thought: is ARX a good buy at this price, or should I just count my losses and not double down?
Q: The latest EIA natural gas weekly report outlines the construction of several new methanol plants in the US. Is this an issue for MX with possible oversupply?
Q: I have held 200 shs of Encana for years. I don't know if the encana/newfield merger has any success in it, to merit continuing to hold for an eventual recovery. In your opinion should I best let it go and buy something else? I have 50K cash on hand to cover new transactions.
Q: Expert pinions are strongly divided about BXE, it is cheap and should go up significantly or debt is too high and could go bankrupt. Today (Jan 24th) volume was unusually high with the share price increasing. Is it possible to find out if that was just short covering or fresh buying that might suggest some new development.
Q: GTE, PXT and other non Canadian oils have taken the same hit, while oil goes up. what's the reasoning here, and is it a permanent hit, as it seems to be for Cdn. oils??
Q: I own the above. I see Golumbia had a nasty suicide bombing and tension are rising. Do you think I should move to the sidelines? I really like the company but!!!!!!!!
Q: Reading your recent answers I am considering averaging down on VET, todays stock action gives me pause, big drop on big volume. Wondering if being ex dividend today has something to do with it?
Q: Hello ... I purchased SGY a couple of years ago at much higher levels and am now thinking of averaging down. I consider Surge to be one of the better names in the small cap oil space (if that's possible) as I feel they have good assets, solid management, manageable debt and a sustainable dividend (provided energy prices don't take a tumble). I also think they are a potential take-over target. I'm looking at a 3+ year hold.
Comments please.
Q: I see you sold WCP in favour of SU. I am down substantially on both VET & WCP. If I am moving the remnants of WCP to SU should I do the same with VET?
Q: With Dow up 336 & TSX up 92 & oil up $ 1.53 do you know any reason why PXT down $ .18 & VET down $ .34 ? I am trying to understand the market reasoning. Thanks