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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: This company has shown up in Loblaw's stores. Are they making any headway in other merchandisers and is there any profit in it for DVN. Thanks Harry.
Read Answer Asked by Harry on July 14, 2021
Q: I hold a position in XBC that was roughly 2% at purchase, but has dropped by roughly 40% (meaning the position is closer to 1% now). I still believe that this company could return to a better valuation, but that I have an opportunity to crystallize a loss before that time. I would like to purchase a placeholder investment in the same space which XBC operates, and I already have a position in CMC that I am not quite ready to increase (even though it is up nicely since my initial purchase). Is there any other company that you might suggest as a candidate to act as a placeholder for thirty days before I purchase XBC once again, after the loss can be crystallized? Conversely, would you feel that a strong argument could be made that even attempting to crystallize a loss in this position would introduce undue risk to a portfolio? Any insight would be much appreciated, as always. Thanks so much, and I look forward to your response.
Read Answer Asked by Domenic on July 13, 2021