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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: Growth stocks
I am retired and using the investment income from my high-dividend stocks. I have a few clunkers which are going nowhere fast. I am thinking of substituting these (a modest amount) in Canadian growth stock, which I interpret as small/mid cap. Not wanting to make a choice myself or, or that matter, betting on one horse, I am thinking of the Pender Value Fund or a growth ETF. Comments on above?

Also, as I would buy this through my full-service broker (with whom I have a flexible arrangement), is there a transparent information source for the sales and management fees applicable to the various classes of mutual fund products - class A, class F etc?
Read Answer Asked by Carl on November 28, 2016
Q: TIME OF REPORT RELEASE
Do you have a policy on the time of day reports are issued? Specifically, are reports ever issued during the trading day? I noticed mid afternoon yesterday there was a report on QST. The report stated coverage was being terminated and the final rating was 'C'. The stock declined yesterday. If not done already, can I suggest that all reports be released 'off hours' so all members have an equal chance to review their contents and decide what they want to do with their holdings. When reports are issued during a trading day, it's a crap shoot whether you just happened to scan the reports section and if you were inclined to sell the stock, got lucky and beat the rush. If there was a policy, all members would feel they were on an equal footing.

If there already is a policy and I'm unaware of it, please re-state what it is.

thank you
Read Answer Asked on November 23, 2016
Q: Hi!

I have a portfolio that has a few names I have held for some time that could be described as laggards and I'm not sure which of the group I should get rid of and deploy proceeds into something else. From the following list which stocks should I sell and move on from: CVE,TOU,SGY,AVO,G,ECA,QST,ALV ???
Read Answer Asked by Ian on November 23, 2016
Q: I'm trying to figure out the long term rationale for hanging on to DBO. From what I can gather, they've been a public company since mid-2006 and their highest stock price occurred somewhere in spring of 2007 at 84 cents. In 10 years, they don't seem to have built a lot ... either in terms of moving forward with their plans, or building stock holders value.

One question I have: Is it because it's a slow industry to break into, and it takes time to get such technology established ... or have they (perhaps) not been using their time and money wisely? In other words, how is the management in all of this?

Your comment to another member states: "The company has essentially developed a product that can drive higher margins for their customers (theatres that charge more for motion seats), has proven the business case and has relationships with some of the larger theatre chains."

What is their competitive edge, then? Are they assailed by lots of competition, or are they just not moving forward because nobody is quite sure they want this technology -- other than China -- which in itself might be years in the making.

I'm trying to figure out whether I should hang on for the long term (you quote a 5 year window) at these rates, and add when I see dips in their stock, or if I should just bail out now.

If there's lots of competition in the space, with better management, perhaps the answer is obvious.

Since you don't have a report on the company yet, I was curious as to the "backroom workings" of this company's management, and its moat.

Thanks for your expert advice!



Read Answer Asked by Sylvia on November 22, 2016