PIF POLARIS INFRASTRUCTURE INC COM

Hey guys,

I took some of your advice and bought PIF a while back at $13.
I even averaged down when it dipped a few times to a current Average cost of $12.7382

Currently up +20.11%
I know they have a nice dividend and it should be a good stock to own going forward, but I actually have a short term need for these funds (downpayment on a car)

So my question is:
Since they are already up to the Pre-Covid Jan/Feb pricing, do you think this growth is going to continue? or are we back to its normal value?

I’m trying to determine if I should Cash out my Profit of $2400 bucks and leave the remainder in there
or Cash out, preserve my profit, and look for another growth stock with a better short term growth potential

Thanks again for your help,
You guys have been WELL WORTH the cost of membership 👊🏽

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Asked on June 18, 2020 9:37 am

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Private answer

Thanks for the kind words!

In terms of selling, that is a personal decision only you can make. If there is a need to have the funds in the short term, then having those funds invested in stocks is risky. This is especially true in light of the current uncertainty.

With respect to Polaris, it was added to the list because we have a positive outlook on the long-term prospects of the company. This is true of all those listed as 'Bullish' and we don't take a short term view. There may come a time where we move to "Neutral" or remove it from the list due to the investment thesis changing (see Air Canada) but that time is not now for Polaris.

Hope this helps,

Mat

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Posted by Mathieu Litalien

Answered on June 18, 2020 11:41 am

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