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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: Good afternoon.

Lesson learned on Concordia. You win some you lose some. Just keep the winners high and the losses small. Easier said than done. I am completely out of Concordia as per your email. Walk away and forget. Down about $6,500.00

My question is on Amaya Gaming. How did the earnings look and why the big drop around mid day? Will this turn out better than CXR ? I understand that they are two completely different companies and not the same situation. Lastly my weightings are 4.14 % in AYA and 1.19 in AYA.US Is this an ok weighting or two much.

Thanks
Jimmy
Read Answer Asked by Jimmy on August 15, 2016
Q: Concordia - Due to the fact I bought it at such a high price and doubled down more than once it became more than 10% of my portfolio and I still own it because I got your bailout email. By the time I got to read my email it was after 4:00. Many BNN guests had it as a top pick so it influenced my impression of it. They managed to keep secrets on how bad they were just like Sino Forest and I am concerned that other companies will do the same to get people to buy stock in their company. On the lighter side of things, I have Lundeen (LUN) which is starting to die out and I am considering switching to IVN as it seems to be on the upswing. Your opinion please. Dennis
Read Answer Asked by Dennis on August 15, 2016