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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: Hi Peter, Can you give us your opinion on Baytex with this tax bill that they could be hit with. Linc is http://business.financialpost.com/2014/11/04/baytex-energy-faces-57-million-tax-penalty/?__lsa=b8fc-2bc7. We are hugely underwater and the situation seems to get worse every day. Is there any reason to continue to hold this stock or should we throw in the towel.
Read Answer Asked by CHARLES LA on November 05, 2014
Q: You Oct 31 Coverage Summary report still has a B rating for HNL.
You may want to change it to a C+

Madeline
Read Answer Asked by Madeline on November 05, 2014
Q: I noticed you did not sell Contrans in the model portfolio at end Oct. If I understand this correctly now that Transforce has 70% it will buy those shares pending regulatory approval but it would need something like 90% to force remaining shareholders to sell. With this as a possible outcome would you continue to hold Contras as a minority shareholders in a Transforce controlled company? If not, sell at discount now or tender?
Thanks
Read Answer Asked by Andrea on November 05, 2014
Q: I currently hold only CSU (6% of portfolio) in the Canadian tech sector. Looking to add one of OTC, ESL or GIB.A. What would be your preference for a long term hold (5+ years)?
Read Answer Asked by ROB on November 05, 2014
Q: Hello...I was just searching the website for the recommended financial books for increasing base knowledge...can you point me in the correct direction

Thanks again
Matt
Read Answer Asked by Matthew on November 04, 2014
Q: I know you like SUM from previous communication. A fine jump again of 7.14 per cent as a result of positive quarterly results. Do you consider this a long term hold and might Solium qualify soon for your investment portfolio? Thanks.
Dennis
Read Answer Asked by Dennis on November 04, 2014
Q: Hi folks: Would MKP be a good "get paid while you wait" stock to own at this time?
Read Answer Asked by Charles on November 04, 2014
Q: Hi Team,

In light of your answers to single stock weighting questions I am wondering if a $30,000 RESP account comprised of 9 to 10 individual stocks would be considered too risky (10-11% weithting/stock). I am fairly comfortable with risk/volatility, but would also want to preserve the funds. They have been recently switched from mutual funds; should I put a portion in ETFs? If yes, what ETFs would you suggest and what percentage.

As always, thanks for the great service.

BK
Read Answer Asked by Bekaye on November 04, 2014
Q: The next quarterly report will come out tentatively November 13 or 14 according to the company.
Read Answer Asked by Mike on November 04, 2014
Q: Given that BXE is down another 12% today, is it finally time to give up on it, take my lumps and just move on?
Read Answer Asked by John on November 04, 2014
Q: Home is reporting earnings tomorrow which I expect will be good, with the continuing strong real estate market. I wonder if events like earnings reports are good times to buy or to sell, particularly with financial stocks?
Read Answer Asked by Steve on November 04, 2014
Q: I have held this in various accounts for over a decade and it just keeps paying out its dividend through the ups and downs. As I get closer to retirement age I would like to buy more as it is has of the best percentage dividends. The price is down right now. Do you feel this is just along with the rest of oil and gas in the market, or is there any other reason to have concern. Thanks.
Read Answer Asked by Barb on November 04, 2014
Q: Hi Team,

DHX is dropping again today. Is the stock for sell, hold or buy?
Thank you!

Cynthia
Read Answer Asked by CYNTHIA on November 04, 2014
Q: Peter I hold 15% in energy and have a high risk tolerance I hold 5%each of Bte wcp sgy I have a long term time horizon and am still above water on wcp by about 20%.Would you reduce say to 10%.
I hold IPL for many years and don't really consider it energy and is not as volatile and is a stock that will go to the next generation.
I have a high comfort level with the rest of my holdings
Stan
Read Answer Asked by Stan on November 04, 2014
Q: This is more of a tax question than a Baytex question. I sold Batex Energy on October 9th and it had a settlement date of October 15th. I sold for a loss to offset some capital gains. I sold it at $38.00 and had purchased it at roughly $46.00 On what day can I purchase it back and still get the tax loss and is there any rush to buy it back? Thanks so much.

Also this service is amazing. Thanks for the awesome research.

Jimmy
Read Answer Asked by Jimmy on November 04, 2014