Investment Q&A

Q: All 3 are down today (Wednesday) when market is up. LSPD down a lot, no longer muted. Can you comment more on what's happening to LSPD and what outlook holds? Any adjustment in your opinion? As for SHOP, it's been flat to down for a while now. Any reason why? What is the compelling story behind it? Would you buy it now?

Q: Please U take on LSPD's response this afternoon to Spruce'short attack. Txs for u usual great services & views.

Q: I read the LSPD short report.
i thought spruce point made some valid points.
i sold all my lspd yesterday, will revisit at a later date.
my question is have you read the whole report and do you agree with some of the points or not.
dave

Q: There is enough negative news on LSPD that crashed its share price by a short seller spreading fear this morning and then an ambulance chaser type of law firm did a pile on later.

Has the company issue anything yet? If there is no rebuttal from LSPD by tomorrow morning I would be very concerned. Usually the quicker the response from the company the better the assurance for investors. What is your view on this situation? Thanks.

Q: Hi 5i,

LSPD is dropped 8%, do you think $130 is a good price to buy in? Perhaps what is the attractive price range to jump in?

Many thanks.

Q: Hello 5i team,
With the short attack on lightspeed, how accurate/right has been Spruce Point Capital in the past? Are they the same firm that shorted Dollarama a few years back?

Thanks,
Andrew

Q: Hi 5i,

Just a comment: The short report on LSPD reminds me of a similar short attack on SHOP, at a time when SHOP had attained the lofty heights of around $120 a share and the short report concluded that it couldn't be worth any more than about $60 a share. It is very difficult for investors to have any certainty in the moment but that short thesis on SHOP turned out to be garbage and it is quite possible that this one on LSPD is too.

Q: Hello,

Would you suggest buying LSPD on this dip or should we wait and let the dust settle?
Thank you

Q: Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Lightspeed Commerce Inc. (NYSE: LSPD / TSX: LSPD)

Why are they issuing a strong sell?

Thank you.

Q: The markets pre-COVID were rising at a reasonable rate year to year, with the odd market downturn. Since March/April 2020 the markets have shot up and stocks are trading at much higher multiples than pre-COVID. Eventually, reality may kick-in. There are many companies trading at very high evaluations. If you look at the overall market (i.e. Nasdaq) you see an exponential growth curve for the past 18 months, definitely not sustainable and possibly overpriced.? I still buy stocks but sometimes feel that if the market turns around, it could be years for it to come back. (I am more concerned about companies such as SHOP, NVEI, TTD, LSPD, NVDA, TOI, UPST, ... all of which are great companies but if we overpay, payback could be much more than 5 years.) I thought same about Netflix, I was totally wrong and missed out on one of the biggest lifetime opportunities BUT there must be a point where the price is definitely too high. Are we overpaying? Will we regret this at some point? Your thoughts? Thanks.

Q: Do you think LSPD or NVEI would be a target for a short attack, the way Shopify was. That one seems to have been short lived? Can you outline the features that would make any stock ripe for a short attack. Thanks

Q: My hold the following Canadian tech stocks: CSU, KXS, LSPD, ENGH, SHOP, and TOI. Based on your continued support of NVEI and DSG, I would like to add them as well. However, I would like to ensure diversification and so wish to avoid companies that are similar to those which I already own. So my question is, would owning these 8 companies provide me with a diverse mix of Canadian tech stocks?

Q: I tried to pull a stock list of B+ companies based on your reviews. Your thought on investing as an equal weight portfolio with a 5 year horizon.

Thank you!

Q: I would like to get your thoughts on TOST first day of trading and if all the interest bodes well for LSPD. What exactly does TOST have to offer that LSPD can’t?
Thanks

Q: Hi Team,
I am currently reviewing my TFSA and the current holdings within that account. I am looking for your thoughts if any of my holdings should be adjusted or removed/trimmed, or if you had any suggestions for new buys. My focus in this account is growth for a 10yr+ period. I hold the following stocks, listed as a % of my tfsa: LSPD (32.3%), CELH (9%), Docu (5.6%), Fb (19.3%), Pltr (4.9%), SQ (12.2%), TTD (8.9%), U (7.9%). Thanks

Shane

Q: If the market keeps falling for a bit is there anything particularly attractive? Can you try as best as possible to consider the effects of the Evergrande (potential) collapse all the while presuming that economic fallout will be mostly contained? In other words if new construction in China slows and it has some effect on mining and iron ore prices (for example) what is not effected or what kinds of companies and in which sectors will actually benefit? Or am I just overthinking developments that have too many moving parts to really make sense of? Thank-you.

Q: Hi,
I currently have these stocks in my TFSA CAD account. They are almost all equally weighted. Do you think there needs to be any adjustments?

I understand they are all growth stocks except ZSP. Is it a problem if I only have these growth stocks?

Thank you!

Q: Would you have a short list of 5 companies that should be on a watchlist for when (if) a 10% downturn comes before Christmas ?
Thanks,
Peter

Q: Balanced Equity Portfolio (Cdn & US Stocks): If 5i were just starting business today what 20 stocks would make up the portfolio?

Q: Just sold DND today and looking to increase tech exposure as I'm now underweight techs and industrials. Currently own LSPD and ENGH. Please suggest 2 for each industry. No US exposure. Would you buy XQQ at this point?

Thank you