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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: Hello Peter and team,
Would you consider Galaxy Digital in the speculative category? The stock has been surging lately but takes a hit at times; however, their numbers look reasonable. Any idea why Trisura is starting to surge? Is it going along with other insurance companies given rise in rates.
Read Answer Asked by umedali on March 23, 2022
Q: Friday’s large drop brought Galaxy to my attention and its P/E of 3 per your data made me look further. But I don’t understand some of the other numbers: Revenue = 0, Interest coverage is negative 123.9, and Price to cash flow is 1246.
If P/E is correct it seems like a something to add to my list. I could imagine that revenue might drop if a significant portion of their customers were to drop or reduce their crypto currency activity after taking big hits on those assets.
But I don’t understand their business. Is this as cheap as it appears, and is the outlook decent?
Read Answer Asked by Peter on January 24, 2022
Q: Would you suggest averaging NVAX at todays price?
I have TFSA room of $6000, and have some FOOD. Should I average down FOOD($13.2) or buy position in AT vs LSPD vs GLXY for exposure in crypto world?
Thank you
Read Answer Asked by Rahul on January 17, 2022
Q: Hi 5i
I currently hold no digital currency assets in my portfolio - from what I understand GLXY holds both bitcoin and etherium coins and provides financing to businesses in the digital currency space. Founder and small % shareholder speaks about growth in the sector and the bitocoin currency has bottomed. Your thoughts on buying todays' assets and the potential future for this business. Share price has been creamed ~ 40% and I am wondering if this is a starting point to start build a position and use GLXY as a diversified way to play the currency and growth in the industry via the merchant banking side of the business. Your wisdom (if there is such things when you roll the dice here) please ........ Thanks
Read Answer Asked by Patrick on January 12, 2022
Q: Both Zoom and Docusign stocks sold off after earnings were announced. I'm looking for a list of a half dozen stocks that shined during the panemic and the date that they will next report earnings.
Read Answer Asked by MATHEW on December 06, 2021
Q: I have $10,000 that I would like to put towards some kind of crypto exposure. I'm just not sure how to play it, but I'll bet my trusty friend Peter will know! I'm open to any ideas including buying Bitcoin itself, or a miner, anything really. ETF's are a little boring but maybe with this amount of money that's all I can do? Perhaps split the money into 2 ideas? I'm very comfortable with risk. What would you do and thank you so much for helping with everything.
Read Answer Asked by Jill on November 26, 2021
Q: Which of HUT, HIVE or GLXY would you recommend for a small speculative position? Or would you suggest a combination of HUT or HIVE plus GLXY assuming no material difference between the two bitcoin miners? Alternatively, is there a crypto ETF that you would suggest instead? Thanks.
Read Answer Asked by Bruce on November 24, 2021
Q: Which one do you prefer or both? Your opinion is much appreciated, Thanks
Read Answer Asked by Saad on November 08, 2021
Q: 5 i's recommended vehicle for those interested in the bit coin investment opportunity appears to be BTCC.
GLXY , that appears to have been on the same scene since Oct 2018 has seen little price movement until recently but has now broken out to the upside.
How are these two investments different?
How do they compare as far as risk?
Is it too late to add to a position in GLXY or best to just allow BTTC the same opportunity to develop?
Your wise counsel has paid off handsomely in the past and is much appreciated!!!
Read Answer Asked by John on April 12, 2021
Q: Hi, other than GBTC and QBTC, if one wanted to take a flyer in some bitcoin stocks, what would be 2-3 "high quality" Cdn or US names and how would they rank? And any other ETF's other than the two mentioned that could benefit? Thanks!
Read Answer Asked by Keith on January 12, 2021
Q: Your thoughts on the IPO for Ninepoint Partners LP Bitcoin Trust - Class A, and how does this compare to other listed companies (GBTC, QBTC, BTCG, GLXY)? I am not interested in participating in the current FOMO, so willing to wait for the next pullback. In the meantime I'd like to assess how these current offerings compare to Ninepoint. Does Ninepoint trade like an ETF? Much thx.
Read Answer Asked by Henry on January 11, 2021