Q: Hello Peter,
What are your thoughts on GMP Capital? I have lost more than 50% on the stock since I bought it. The company does seem to be doing fine as it gives out special dividends and with recent takeovers of other related companies, I thought GMP would gain traction but it has not moved up much. Yangarra resources has lost lots of its value but mostly due to the sector issues. A few questions please:
i. Understanding that both companies are in different sectors, do you think Yangarra has higher chance of increasing in stock price then GMP
ii. Given our current policies on energy and pipelines, do you see the oil sector recovering anytime soon as i was thinking of putting monies in other companies like Tourmanline etc
thanks very much
What are your thoughts on GMP Capital? I have lost more than 50% on the stock since I bought it. The company does seem to be doing fine as it gives out special dividends and with recent takeovers of other related companies, I thought GMP would gain traction but it has not moved up much. Yangarra resources has lost lots of its value but mostly due to the sector issues. A few questions please:
i. Understanding that both companies are in different sectors, do you think Yangarra has higher chance of increasing in stock price then GMP
ii. Given our current policies on energy and pipelines, do you see the oil sector recovering anytime soon as i was thinking of putting monies in other companies like Tourmanline etc
thanks very much