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Just sold BB at $30.05. May regret doing that too soon but can't complain - never thought I would make a profit on what was left of my BB. May buy it back again if it gets back under $10.00.
Well done. The stock is down -28% today.
 

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Yes, just saw that. Problem now, is what to do with proceeds from both my recent sells (about $20k in 2 accounts). Was going to buy XIU yesterday, but had to go out. Nice jump back for TSX today. Missed that.
 

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Yes it is. You don't actually get paid any interest. You buy the bond (coupon) at a discount and collect the full face value at maturity. In the case I mentioned, I paid about 83.00 and would have received $100 at maturity. For tax purposes, you have to declare interest each year even although you don't receive it. You also have to add this annual interest to your acb. At maturity, your acb equals the face value so there is capital gain. Not a problem in a registered account, but a lot of accounting in taxable account.

Nomenclature is confusing - Strip bonds, coupon bonds etc. Some info here: Investing in strip bonds (part 1) | Qtrade Investor
Interesting... thanks for the education! I'm intimidated by bonds so I only buy ETFs.
 

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Sold out of MESA. Outlier airline stock that has tripled in the last 6 months and is up and has almost doubled in the last 3 weeks.
I bought in well before the pandemic, but still managed to make money on this one. Small holding.
Still profitable, PE under 15. It probably has more room to move yet.
 

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I have a few holdings I bought high in late 2019 that I bought more in April 2020. Now that they're recovering I've been selling my high positions taking profits or simply recovering my money as I anticipate another downturn.

I've been waiting for the downturn since the US election and took some buying opportunities on Tuesday (Feb 23).
 

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just sold my WCP holding after it broke 6. The last time it was above 6 was Nov 2018...almost 2.5 years!
 

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Sold about 1/3 of my VIAC into strength. I originally started buying around 15 last year and sold at 74. Biggest gainer of this pandemic portfolio.
I can see it running in to the 80's, but percentage wise there's probably bigger opportunities out there now. Have about 70K in cash available with this.
 

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And I keep hoping the Ontario Teachers Pension sells into this strength. I just can't imagine letting these stupid prices slip through their fingers.
Does anyone know if OTPP ever sold and realized some gains on the BB pump? I don't understand why they would sit and let such a market anomaly happen without selling some. They have a very significant position.
 

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Sold about 1/3 of my VIAC into strength. I originally started buying around 15 last year and sold at 74. Biggest gainer of this pandemic portfolio.
I can see it running in to the 80's, but percentage wise there's probably bigger opportunities out there now. Have about 70K in cash available with this.
Looks like another 1/3 got sold at 80. Spectacular run today. The rest I will keep and see what happens.
 
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