OTCPK:ICPVF - Post by User
Comment by
PabloLafortuneon Mar 04, 2021 9:32pm
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Post# 32724953
RE:what I've been doing
RE:what I've been doingI start selling a bit as well though lower % of my total. There's always undervalued stocks (cnq was $22 ish in early November it's $38 now), the issue is how confident we are that the value gap will narrow and when. Even though I know almost for sure that it's worth much more, I can't afford to be political and the environment is less than ideal: a strange offer that is a fair price but not a "good price", Bay Street that as usual side with the buyer at the expense of individual investors (happened to me so many times I lost count, makes you lose faith in Canadian markets), and a company that says don't tender yet don't give us any air support ie forward looking info on all segments. So it makes sense for me to start selling some IPL and buying something else. At least I have that option now which I didn't when the share price was $13. GLTA. YMMV.