Investment Q&A

Q: I am looking for high growth ideas from small caps. From this list, what would be your TOP 3 Picks?

Thanks Valter

Q: My Virtual Brokers account still shows shares of Guestlogix (gxi:ca) and Newnote Financial (neu:ca). Both companies went out of business several years ago. Can I get anything for these, ie some bankrupsy settlement? Should they be removed and junked, or is there any benefit to do nothing and wait?

Q: Good morning 5I.

My question concerns when to sell a stock that is at a loss and move the money to a better holding.

I have ridden some stocks right into the ground. Guestlodgix (GXI) for example 100% loss. On the other hand I have sold losing stocks only to see them have a miraculous recovery. Lumenpulse Inc. (LMP) for example which may have been an exceptional case was bought out right after I sold out.

Fortunately I have very few stocks in a loss position, due to your great service, but wonder should I cut my losses and move on or should I hold on for an eventual recovery? Specifically:

Aritzia (ATZ) down 12% (which in fairness you to told me not to rush into)

Currency Exchange International (CXI) down 20%

Highliner (HLF) down 18%

Stantec (STN) down 5%.

What do you think? Stand pat or fold?

Q: Hello,
Hoping to get your thoughts on Guestlogix. I own the Convertible Bonds.
It looks like they sold Openjaw but I don't think the sale price has been disclosed...PWC said the sale would provide enough to pay off all secured creditors and that there would be "significant" funds available for unsecured creditors.
Would you be able to:
1) provide your thoughts on the future of the remaining company
2) would the convertible bonds be considered unsecured or could they lump them in as equity?
3) Would you be willing to take a stab at a recoverable amount for the CV's, if any? Don't worry, I'm not expecting much.

Thanks in advance - appreciate your service.