Official Short-term Investments Thread

[Nova316]

Originally posted by Cos
Holy hell, $2065 a share in March 2011. LOL

$10500 in May 27, 2005 haha

[Cos]

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[ickyflex]

Originally posted by Cos


Yahoo only went back 5 years. Jesus that is a long fall from grace. At a $10,500 stock though I would have been selling my 1 share and running. Hahahah



I hear that. I'm actually somewhat happy (even though I probably shouldn't be). LOL

I dunno haha I hold that mentality because of craps. Lose together = happy. Win together = happy.

That guy who bets against everyone and wins... well fuck that guy lol

[Sugarphreak]

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[Sugarphreak]

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[avishal26]

Originally posted by Sugarphreak
Anybody willing to speculate on what will happen when the TSX opens Tuesday?

Not sure if the markets will start their downward trek again, but I have a feeling oil will go down below $40 again as there are still no fundamentals to support oil increasing.

I am really worried about what oil dropping back down to ~$35 will do to the energy stocks that are already at all time lows... I'm all in on MEG

Still more than 2MM barrels of oil per day are being produced more than being consumed. WCS is going to chart below $30 if oil drops that low again (WTI).

Apparently some shale producers have found a way to be profitable at around $30 WTI... which means they have no reason to stop producing.

I really don't wanna see another 2 years of cheap oil... lol my short term investment became long term but was hoping that meant 1 year tops, not 3 year!

[jefferson2]

VTAE up a whopping 91% this morning on positive news of its auto-immune disease related drug.

Fun one to play around with at the moment.

[Sugarphreak]

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[riander5]

Why is MEG hitting the shitter so bad?

[ExtraSlow]

I would assume the huge amount of debt is hurting MEG. The market really prefers lower leverage in this environment.

[asp integra]

hmm this MEG drop is enticing

[ickyflex]

What do people think about Paramount (POU).

11 bucks from 60 and this is a Riddell commpany... Looks enticing

[bjstare]

Originally posted by ickyflex
What do people think about Paramount (POU).

11 bucks from 60 and this is a Riddell commpany... Looks enticing

I bought in at over double that, needless to say I'm holding and will probably double down soon.

I'm waiting until oil drops below $40 again, I think we will see a new 52 week low for POU. And they have a lot of debt, so they'll continue to fall quickly (or moreso than TOU for example, another riddell company that I'm currently holding).

Just my 2c

[Sugarphreak]

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[avishal26]

Originally posted by Sugarphreak


I finally pulled the trigger on a bunch of it today

8% drop today - makes you wonder why such a huge drop when there is no news to support this, and other companies in a similar situation are only losing 2% or so.

MEG may have debt, but they are 2nd most efficient producer as far as I can tell after Cenovus (ie 2nd lowest cost per barrel to produce). Their recent quarter results were pretty encouraging - they have completely turned around from last year. MEG has also started deleveraging and is very well positioned when the economy turns around.

If only I wasn't seeing -55% on my portfolio right now maybe I would be happier And if only I had more money to put in MEG.... sigh

[Sugarphreak]

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[asp integra]

Picked up some MEG today and doubled my position on ATD-B

[ickyflex]

Originally posted by cjblair


I bought in at over double that, needless to say I'm holding and will probably double down soon.

I'm waiting until oil drops below $40 again, I think we will see a new 52 week low for POU. And they have a lot of debt, so they'll continue to fall quickly (or moreso than TOU for example, another riddell company that I'm currently holding).

Just my 2c

I do own TOU, I also own a bunch of AD (Riddell owns a ton).

Will probably make a move on POU in winter as well. I'm sitting tight on cash to ride this out

[Red@8]

I picked up some more MEG today as well. Avg now in the low $11.xx.

Still holding TBE patiently as well.

[ickyflex]

Originally posted by Red@8
I picked up some more MEG today as well. Avg now in the low $11.xx.

Still holding TBE patiently as well.

I made the decision to swap to BTE from TBE haha. At least I have a gorgeous capital loss I can maybe use in 20 years lol