Official Short-term Investments Thread

[Rav4Guy]

thanks for the economics course...

I think every basic investor (should) know that as interest rates rises, stock prices go down due to higher and safer returns on bonds. an inverse relationship.... just like as interest rates go up... bond prices go down.

anyways, I hope everyone rides these waves for a bit longer and don't panic. It'll correct itself as per usual.

[Toma]

Originally posted by Rav4Guy


anyways, I hope everyone rides these waves for a bit longer and don't panic. It'll correct itself as per usual.
Oh yeah.... I am still bullish on the markets long term.... I really hope/feel that the dow will be in new high territory this year... maybe 14,000+

I also think/hope the Nasdaq will top 3000, and oil will fall below $60.

But I'm always wrong, which is why I started playing options lol

[sabad66]

Holy shit, everything is doing HORRIBLE today. SGP down 24%! I bought in at .95 now its at .40 :( .

[benyl]

might have double up on SGP as well

[Z_Fan]

I was going to buy in to SGP at 0.60 but decided against it. Good thing.

I put in 5 buy orders today, trying to get stupid cheap deals from anyone desperate to sell. But it didn't buy anything, as I was always 0.01 too cheap on my buy order. LOL. Oh well.

The one that I wanted in most was PTU. It's cheap!

[djayz]

GREAT!
some of my stuff goes up but i get hammered on BLE...have lost 75% of my gains in 3 days and its dipping lower than my purchase price which isnt good cuz its the 200ma price =(

spx still continues to go down everyday regardless of the markets direction...im getting worried about this one

[djayz]

everything is back with a bang today
my watch list is showing some good gains...things like 5% and up
BUT obviously im loosing on my big holdings as usualy

BLE down 10%
DEN down 5%
PJO down 8%

haha this sucks...waiting for things to sell
buying is so easy

[benyl]

"Patience Daniel San"

[Shaolin]

yep, just going to hold on till the market fixes itself. I was fortunate enough to be in the positives even after the big drops. knock on wood.

[Z_Fan]

^ Me too [barely], but I lost $6k in 2 days and that was annoying!

[Toma]

the mid-term election year of a second presidential term tends to be a dangerous time for stocks. Since 1950, stocks have lost more than 3% on average between May and October during a mid-term election year. And this year, low presidential approval numbers may add fuel to the fire. During periods when the approval rating was under 35%, as it is now, the Dow declined an average of 6%.

For those inclined toward the truly scary, only one other time has a low presidential approval and a mid-term election year converged. That was in 1974, when stocks ultimately fell more than 40% amid the Watergate scandal, impeachment hearings and a gasoline price shock.

Not saying this has to happen, but as always, the probability is there.... tread lightly I would say lol.

[djayz]

WOW i cant believe it SPX went UP!
haha yah im holding...wish i didnt sell one stock because i was panicing and i had to cover up a negative cash balance but i did :(

[Si_FlyGuy]

so quiet in here lately.:cry:

[djayz]

i know eh...
so what you guys think is going on with markets?
gold is rapidly declining
the day always starts good but by the end of the day the tsx is always down 100+ points

[Shaolin]

I'm contemplating on selling while i'm still ahead and put it into my low risk long term porfolio. But that's assuming my current holdings will continue to go down.. I think I might just hold out though.. we'll see how it goes.

[djayz]

i think theres a lot more day trading going on now than before thats why the markets open so well and then the profit taking begins and it drags on all day long and at the end of the day everything is in the negative.

i couldve bought 2 stocks that i held just a week ago and in one day i wouldve made more than i did holding them for 3 months

[Toma]

Originally posted by djayz
i think theres a lot more day trading going on now than before thats why the markets open so well and then the profit taking begins and it drags on all day long and at the end of the day everything is in the negative.

i couldve bought 2 stocks that i held just a week ago and in one day i wouldve made more than i did holding them for 3 months
day trading is a drop in the bucket compared to institutional buying and hedge funds.... so no, that is not what it is...

with your little penny stocks, daytrading plays a big role, as the promoters constantly flip stock back and forth between various accounts.... promoters are paid by the volume they create, so they are always washing blocks back and forth and trying to make a buck doing it.... the advantage they usually have over u and me is they know exactly what is going on, news realease info ahead of time etc...

That's why I dont fuck with penny stocks anymore... broad markets decline 2%, penny stocks dump 50% lol... chickenshit promoters bail cause they never actually had money in the account, so they dont wanna have to cover, especially a ta potential loss....

[djayz]

^
i was referring to penny stocks...such as ple...ptu...spx...rev

i know the more expensive stocks arent exactly day traded only hedge funds and larger funds have the ability to manipulate those stock prices.

anywho nice day for the tsx came back pretty much from this whole week in one day but i was expecting some bigger gains on somethings that have tanked the last few days

[/////AMG]

:thumbsup: for SGP!

[djayz]

yes very good NR and nice jump in SP
lets see how long it holds up tho

this threads kind of been dead for a while...everyone enjoying all the money they made haha or did everyone jump off a cliff after they lost it all?

[benyl]

I knew I should have bought SGP in the 40s... oh well.

[Shaolin]

have nothing worth sharing.. decided to keep my stocks in because it went up again today.. so I'm holding on for dear life :D

[4DoorGTZ]

Originally posted by /////AMG
:thumbsup: for SGP!
:werd: I'm now up 38% on SGP

[Z_Fan]

The other day there was a buy for 100,000 shares of SGP. I was going to buy then, because it was obvious someone knew something! But, alas, I didn't cuz I ain't got no money. :dunno:

[djayz]

Originally posted by Z_Fan
The other day there was a buy for 100,000 shares of SGP. I was going to buy then, because it was obvious someone knew something! But, alas, I didn't cuz I ain't got no money. :dunno:

haha whoever had the buy order in for 100,000 would have got ripped off all the way up to the last stock left in his buy order.
and that definately wouldve driven the price up huge.

average volume for sgp is under 50000 some days even less than 10000
only when theres an increase or decrease of more than 10 cents do we see volume exceed 100000.

haha looks like a nice stock to own tho specially with an increase of 44% in one day...diggity damn

[/////AMG]

Originally posted by 4DoorGTZ

:werd: I'm now up 38% on SGP

Did you buy when it was at 0.65 for like a week?

[4DoorGTZ]

Originally posted by /////AMG


Did you buy when it was at 0.65 for like a week?

Yeah avg .68/share So I rode it down, then back up again.

edit: got rid of it for .96 early this morning.

[RX_EVOLV]

what do you thinks think of GLY, someone told me to look into it couple weeks ago

[benyl]

Nice rol.a is up 28 cents right now.

[Z_Fan]

Originally posted by djayz


haha whoever had the buy order in for 100,000 would have got ripped off all the way up to the last stock left in his buy order.
and that definately wouldve driven the price up huge.

average volume for sgp is under 50000 some days even less than 10000
only when theres an increase or decrease of more than 10 cents do we see volume exceed 100000.

haha looks like a nice stock to own tho specially with an increase of 44% in one day...diggity damn

Well, someone bought 100,000 shares that day with no problem. In one go.

And the next day, someone bought 200,000 shares in one go.

So, tell me there's no insider trading here. LOL! Who has that kind of cash to put in one trade? Wow!

[benyl]

Now PLE needs to go a run...

and SPX

[89coupe]

Originally posted by Z_Fan


Well, someone bought 100,000 shares that day with no problem. In one go.

And the next day, someone bought 200,000 shares in one go.

So, tell me there's no insider trading here. LOL! Who has that kind of cash to put in one trade? Wow!

I reached into my left pocket and then my right:bigpimp:

[Mckenzie]

Originally posted by benyl
Nice rol.a is up 28 cents right now.

Nice.... I need to get out of this stupid thing....its not doing anything lately. The spread between bid and ask if there is any volume whatsoever is like .20

[89coupe]

Uhhh...why not wait till they tie the well in and drill the 2nd and 3rd well in that area.;)

[Mckenzie]

Originally posted by 89coupe
Uhhh...why not wait till they tie the well in and drill the 2nd and 3rd well in that area.;)

I have no patience! :devil: :bigpimp:

Is that what is going to happen in early summer according to the website?


Not really sure what to do with this one....There are a few others I have my eye on that are cheap right now and I got into this one at 1.69....

[89coupe]

Well yah.

Thats the normal course. Drill a well, test it, tie into facility, sell the production. Drill additional wells, repeat process.

[ICED_OUT_RSX]

HEy guy new at this lookin for any info that you guys would have on any good stock lookin at puttin some money in and lookin to see what you guys think is good any help would be awesom thanks alot

[benyl]

Originally posted by ICED_OUT_RSX
HEy guy new at this lookin for any info that you guys would have on any good stock lookin at puttin some money in and lookin to see what you guys think is good any help would be awesom thanks alot

Hey new guy. Get some punctuation skillz :english: . Read the thread. There are plenty of tips in it.

[Z_Fan]

Damn, I missed my buy yesterday on SPX and it actually went up today. Now, that is indeed strange. SPX seems to only go down. :rolleyes:

[RX_EVOLV]

Originally posted by Z_Fan
Damn, I missed my buy yesterday on SPX and it actually went up today. Now, that is indeed strange. SPX seems to only go down. :rolleyes:


Noooo spx seems to go up for a day or two then go down for 10! I got out of it weeks ago, couldn't handle the rollercoaster ride

[89coupe]

LOL...just bought another chunk of PLE, figured what the HELL, get in before the next PR.:dunno:

[Z_Fan]

Originally posted by 89coupe
LOL...just bought another chunk of PLE, figured what the HELL, get in before the next PR.:dunno:

I bought another 10000 myself. LOL.

I sure hope it will be good news. :)

[benyl]

haha, I was thinking the same this morning when I put in an order for 15000. Still hasn't filled at 0.32.

[ICED_OUT_RSX]

anyone have any feedback on CGW, GAL, and YZC
is it still a good idea to get into PLE or not ?
GAL looks like a good long term pick, any second opinions?

[RX_EVOLV]

PLE just released more results and its looking really good!!!

[sabad66]

how good are they? only up 7% today so far.

[Z_Fan]

I wonder why the price hasn't jumped up. The press release looks good. :dunno:

Maybe there just hasn't been enough time.

Let's hope for a really good tomorrow!

[89coupe]

Originally posted by Z_Fan
I wonder why the price hasn't jumped up. The press release looks good. :dunno:

Maybe there just hasn't been enough time.

Let's hope for a really good tomorrow!

What do you mean, it has jumped!

Volumes have really picked up.

[Z_Fan]

Not enough to matter. It was floating in this area before the news release. So, it really has done nothing IMO.

It was up at 0.50 not that long ago, before this new information, which is positive ... even came out. So, I was expecting a large jump. Not a couple pennies. You know, I wanted a dime or two.

;)

[benyl]

don't be greedy now... haha

[Z_Fan]

Oh come on, I need this thing to go up to $0.60 just before I start to get happy about it. So, I'm hopeful that tomorrow the volume with triple what it did today, and that it will hit $0.45 to $0.48.

Is that greedy?

Did you get your buy of 15k shares or did you miss it!?

[benyl]

No, not greedy. I am just being an ass.

I got in... haha! I too and hoping for $0.60. People are talking that this thing could be $3.00 by then end of the year. Some are talking about $30. Pipe dreams?

[Z_Fan]

If PLE is $3.00 by the end of the year, I'll see you at the track in my Supercharged Z06. :rolleyes:

Which, come to think about it, would be nice. ;)

[natejj]

Originally posted by benyl
No, not greedy. I am just being an ass.

I got in... haha! I too and hoping for $0.60. People are talking that this thing could be $3.00 by then end of the year. Some are talking about $30. Pipe dreams?

Oh please.... theres a reason they are called "bull"boards. Most of it is Bull.

Im not saying that stock wont go up, but be realistic here. Its a public forum that ANYONE can say ANYTHING.

[89coupe]

Originally posted by Z_Fan
If PLE is $3.00 by the end of the year, I'll see you at the track in my Supercharged Z06. :rolleyes:

Which, come to think about it, would be nice. ;)

You better make it a TT Z06 if you wanna keep up to me :D

[benyl]

Originally posted by natejj


Oh please.... theres a reason they are called "bull"boards. Most of it is Bull.

Im not saying that stock wont go up, but be realistic here. Its a public forum that ANYONE can say ANYTHING.

huh? Oh you mean that shit on Stockhouse.ca? I never read that shit. It was from another source... although maybe he got it from there... hahahaha.

If it hits $1, I will get a GT35R for the STi... hehe

[natejj]

Yeah, i was referring to stockhouse because he referred to someone mentioning it hitting $3 dollars, and i saw that on stockhouse.

[Z_Fan]

Originally posted by 89coupe


You better make it a TT Z06 if you wanna keep up to me :D

Dude, it'll still be a Mustang.

Hahahahhaha... :poosie:

[troyl]

Well I am happy do be loaded up on PTU in the low 0.40's looks like it could be ready to do some moving :thumbsup:

[djayz]

yup purepoint is gonna start giving some good increases soon
my buy order didnt go through for another 10gs cuz i put too low of a price now im kicking myself haha

ple...ehh i think itll hit 60 cents or something a dollar is possible anything over will take years of good news releases and actual shit happening...or a buy out

[5abi]

sorry newb here..looking for PLE but can't find it on yahoo finance?

is the symbol PLE? PLE.to???

sorry

[Shaolin]

Try ple.v

[benyl]

PLE is a dud... haha

[5abi]

PLE.V is gonna go crazy....

i shall buy some 2night..

it has no way 2 go but up as metal prices are going crazy.

[RX_EVOLV]

got out of PLE today, going to jump back in when the shares/warrant get released into the market on June 9th

[benyl]

Originally posted by 5abi
PLE.V is gonna go crazy....

i shall buy some 2night..

it has no way 2 go but up as metal prices are going crazy.

really? Decent new release comes out and the price of the stock goes down?

[Si_FlyGuy]

PLE's overhyped...my co-worker keeps telling me that it'll hit $10...:rolleyes:

[djayz]

holy shit!
anybody see ARU fly today? i completely missed the markets today but damn that thing went insane

[Shaolin]

holy fuck.. what the hell happened to that stock.. from a dollar and change to 13 bucks in 6 months.



Originally posted by djayz
holy shit!
anybody see ARU fly today? i completely missed the markets today but damn that thing went insane

[RX_EVOLV]

n/m.,. not sure if it was correct

[Z_Fan]

Did anyone buy ARU last year, when it was $0.45 / share?

Wouldn't it have been nice to have bought 50000 shares? Turned your 22.5k into $650,000.00.

[benyl]

holy shit. I need a penny stock like that!

[benyl]

Originally posted by Si_FlyGuy
PLE's overhyped...my co-worker keeps telling me that it'll hit $10...:rolleyes:

I hope it does... I have 30,000 shares of that hype... haha

[89coupe]

New IPO.

Cork Exploration.

IPO terms :

Price : $4.00 to $4.50

Size : $30 Million

Pricing : June 20th

Closing : June 28th

[Si_FlyGuy]

Originally posted by benyl


I hope it does... I have 30,000 shares of that hype... haha

He's a dink, so I'm trying to convince him to realize his loss now.:p

[djayz]

i think ple still has some steam left to blow off im gonna hold it until next year sometime

spx on the other hand i want to sell but i garauntee that the day after i sell itll release some news and itll bounce back up to 30+ cents

[Shaolin]

You guys might want to check out GML and TEX.A..

I'm waiting for my dam tax returns to put more money in..

[rinny]

Ha you gotta be kidding me TEX.A. That company is going nowhere unless they're bought out. I know the owner and know someone who worked there for long time, I advise everyone to NOT check out TEX.A.

[89coupe]

Who else is loading up on ROL.a

I know I am:D

[Shaolin]

Originally posted by rinny
Ha you gotta be kidding me TEX.A. That company is going nowhere unless they're bought out. I know the owner and know someone who worked there for long time, I advise everyone to NOT check out TEX.A.

Got the watch from a buddy.. and from the charts they've gapped up significantly since April.. so unless you know something's up within that company do share..

[benyl]

Originally posted by 89coupe
Who else is loading up on ROL.a

I know I am:D

what do you know that we don't? timeframe? haha

[89coupe]

Lets just say that once they tie that first big well in and then drill the 2nd and 3rd offsetting locations, Rolling has the potential to be sitting around $4 this time next year.

Of course, thats just my opinion ;)

[benyl]

I still haven't sold since I bought at $0.70.

I should have sold at $2.00, but I was greedy... haha

I guess I could hang on for while

[89coupe]

Originally posted by benyl
I still haven't sold since I bought at $0.70.

I should have sold at $2.00, but I was greedy... haha

I guess I could hang on for while

Smart move!

I will continue to buy all this year.

[Mckenzie]

Originally posted by 89coupe
Who else is loading up on ROL.a

I know I am:D

What now? :D

Just cuz its cheap or are you in the loop on something again...:dunno:

[Z_Fan]

Wow.

ARU is through the fricken' roof today.

I mean, if you had bought 50000 shares at 0.45 cents, you'd have made a cool *QUARTER MILLION DOLLARS* this afternoon.

Ofcourse, you'd have to add that to the *THREE HUNDRED FIFTY THOUSAND* you made yesterday.

Fuck me twice. That's insane.

Edit to fix AUR to ARU. LOL!

[/////AMG]

I hate the word If :(

[89coupe]

Originally posted by Z_Fan
Wow.

AUR is through the fricken' roof today.

I mean, if you had bought 50000 shares at 0.45 cents, you'd have made a cool *QUARTER MILLION DOLLARS* this afternoon.

Ofcourse, you'd have to add that to the *THREE HUNDRED FIFTY THOUSAND* you made yesterday.

Fuck me twice. That's insane.

Uhh...did I miss something?

.45 cents???

[sputnik]

Originally posted by Z_Fan
Wow.

AUR is through the fricken' roof today.

I mean, if you had bought 50000 shares at 0.45 cents, you'd have made a cool *QUARTER MILLION DOLLARS* this afternoon.

Ofcourse, you'd have to add that to the *THREE HUNDRED FIFTY THOUSAND* you made yesterday.

Fuck me twice. That's insane.

AUR?

I think you have the wrong symbol. AUR has NEVER been at .45

[89coupe]

I think he meant ARU, well I know he meant ARU...LOL:nut:

[Z_Fan]

Yup, I meant ARU. My bad. Was so annoyed at how much it went up today ... I was typing a little too fast. Hahahahha...

:banghead:

Oh well, I had one stock that gave me 51% today, so I guess I'm happy. Too bad I don't hold many shares. :(

[benyl]

what stock was that? all mine gave me -% today... fack!

[Shaolin]

Yeah do tell. My net change today is negatives too. Dam tax returns needs to come in quicker!

[djayz]

omg ARU is still going...shit that thing is insane

why cant spx do something crazy out of the blue like that?

[djayz]

holy crappers 3 bad days of stock movement and im down 3 grand just like that...not even 100% gains on some of my stocks can offset all the ones that are in the negative

stupid spx why did i ever buy more of that pos stock haah:banghead:

[benyl]

oh well, win some lose some.

right now, I am losing... haha

[/////AMG]

I'm thinking I should buy PLE 0.27

[maximus5502]

Here's a stock to look at:

OHS Capital Corp.

They are in the process of completing a major transaction with a smart card technology company.

Info and press releases can be found at www.sedar.com OR www.tsx.com

Trading symbol is OCC on the TSX-V.

I have a few friends that put me onto the company and it looks good.

Only trading at around $0.14 cents right now. Good chance to get in on the ground floor!!!!!

[BigMass]

Thought this might apply to a lot of people on this thread that arent so experienced in short term trading

from this article on CNBC website
http://articles.moneycentral.msn.com/SavingandDebt/LearnToBudget/9MoneyRulestoLiveBy.aspx



Throw no good money after bad
"Sunk costs" are expenses that have already been incurred and can't be recovered to any appreciable extent. "Sunk cost fallacy" means an irrational belief that a further investment of time, money or effort will somehow resurrect the value that's already disappeared.Get the latest from Liz Pulliam Weston. Sign up to receive her free weekly newsletter.
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A classic example is the investor whose stock has plunged because the prospects of the company have worsened. The investor wouldn't buy the same stock today, yet continues to hang on to the shares rather than sell them and take the loss. The investor may offer the excuse that he or she wants to at least "break even" before selling, but of course the stock market doesn't care about the investor getting the money back, and all the wishing in the world won't bring the stock price back up.

By hanging on to the shares, the investor is giving up the opportunity to invest elsewhere at a profit -- an opportunity cost.


ive seen the same thing happen back in 2000 when the market took a major shit. Stock that were at $300/share fell to $30. People were like "wow this is a great buy"... 2 months later that same stock is at 10 cents.

Just be careful what youre doing. Short term trading is really just like gambling because fundamentals mean nothing when youre talking about a 1 day - 1 week time frame. It's usually profitable when the market is on a hot streak and overvalued stocks are going up and up. They're terrible investments fundamentally, but could be great in the short term

Some of you investing in a stock like PLE or SPX while its dropping and the market is dropping need to really be careful. I hope everyone makes out and gets rich, but just take care cause in all reality, there is no reason PLE wont go back to the 15 cent level or less.

Its the, "trying to catch a falling knife" syndrome. It's also why dollar cost averaging and buying more of a loosing stock in the short term is a horrible idea.

[RX_EVOLV]

at this rate i would defintly wait until Next week before loading up on PLE. I can see PLE going down to ~ 0.25 or less by Monday unless they haev some amazing NR. But by the look of things good NR means nothing as everyone's pretty nervous about the 40 million shares that are going to be released on Monday.