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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: Hi 5i,

I do not have any oil/gas stock at the moment. I would like to start picking away at VET, WCP ad RRX with 1% position each or 2% for one or two only
I am a little hesitant for VET because of its recent behaviour lately and wonder if there may be a dividend cut coming. Would like your opinion for best action with these stocks. Thanks (consider this as 3 questions)
Read Answer Asked by Karl on June 01, 2017
Q: I see that xop was going to offer shares at half a cent to raise money to drill another well. My question is has this already happen I looked online can't ssee where the price was ever at .005 cents and if it does happen will I be able to buy at this price or will it just drive the price up more there sittin at 1 cent right now. I buy all my stocks online don't know how quick this will be
Read Answer Asked by bern on June 01, 2017
Q: Hi Team
I previously asked if adding Vermilion Energy to my portfolio to accompany Whitecap Resources would be ok. After reading your response (which was favourable to the idea) I did not yet pull the trigger as oil conttinues to be volatile.
At this stage should I buy more of WCP, to average down, I'm down 17% on the name or would this be a good time to add VET. The only other energy play in my portfolio is Enbridge.

Thank-you in advance. Sam
Read Answer Asked by sam on June 01, 2017
Q: Hi, I have these two stocks in the energy sector for about two years. Down on avg. about 25-30%. I really have no faith that this sector will rebound anytime soon,but I'm in just for my sector weighting, and watching it go down every month.
I don't feel this is a good reason to own a stock.If you have a good stock in a bad sector you could be waiting 5 years or more to break even.
Why not get out of the sector and at least wait till the whole sector is up at least 10% before getting back in with the possibility of upward momentum? 5 years or longer is a long time to wait for any sector recovery.
Thanks

Read Answer Asked by Brad on June 01, 2017
Q: Paul Colborne who is president of Surge has been buying shares (50,000 approx) in the last 2 weeks of May.He has been buying consistently prior to this He was the leader of Crescent Point and help build that company before leaving and going to Surge. With this insider buying is this an indication that we should be adding shares if we are not up to a full position. What are your thoughts on Colborne.

W
Read Answer Asked by Wayne on June 01, 2017
Q: Hello Team, I have around 10% of my TFSA money in CPG which has de-valued by 30% since buying. My question is should I consider selling, reducing or continue holding the position? The stock seems to depreciate much more than other energy stocks. I fail to understand the rapid slide down in price. Even in last year, when crude was around $30, the price of the stock was much higher than the present one. Any other news in the offing which I am missing? Thank you for all valuable suggestions that you have given me so far!
Read Answer Asked by Sriram on May 31, 2017