Official Short-term Investments Thread [Archive] - Page 18 - Beyond.ca - Car Forums

modded46

08-11-2006, 01:46 PM

Originally posted by black_2.5RS
VRO (Vero Energy) is a good pick - has been down for a while due to low natural gas prices. Finally started to show signs of life over the last week with the potential that Hurricane Chris might hit the Gulf Coast and with winter right around the corner (I know, it's only Aug) - consumption of gas always goes up in Q4 (assuming we don't have a really warm winter). I'll be loading up on natural gas stocks in the short term since n.gas is big time under valued (rule of thumb is ~ 1/7 of crude - which it is clearly not at this point).

Same story w/ NQL - only they provide the tools to get gas and crude out of the ground. If natural gas prices pick up like I expect in Q4, we'll see more put into n.gas drilling activity from companies like VRO and therefore, more purchases / rentals from NQL.

Both are good picks and don't seem to be well covered by institutional investors at this point (hence the low volume)...which is a good thing for you and me.

Excellent explaination and insight... What are some Natural Gas companies that someone would potentionally look into?

black_2.5RS

08-12-2006, 07:25 AM

Originally posted by modded46

Excellent explaination and insight... What are some Natural Gas companies that someone would potentionally look into?

A couple of things:
1) a lot has changed since I originally posted this, Hurricane Chris did not gain any strength over the water and turned into little more than a windy day for some folks in the caribbean. So, if you choose to invest in n.gas stocks, understand that your going to be investing in something that is volatile as shit and basically trying to predict weather (eg: hurricane or heat wave).
2) Everyone needs to do their own research and suit their own investment style. I play n.gas by investing in 1 market leader (Encana) and if i'm really confident, i'll pick up some small / medium caps to give me that extra boost (Vero, Provident).
3) I believe that their is at least one more good pull back in crude and n.gas to come. Although, the national hurricane center has downgraded the number of hurricanes this year from 12 to 7 (hurricane season ends Nov 30) - which may also keep production of crude and n.gas going (and therefore, prices from going significantly higher). I believe the odds of at least 1 big ass hurricane that will hit the gulf coast by Nov 30 is pretty good.
So, if you can get an Encana for mid $50-sub $60, I would start accumulating position and since that stock is liquid as shit, you can dump it quickly as well.

However, if you don't 100% believe in the n.gas story, you can alternatively play it through a large integrated (eg: shell, imperial, petro, etc) so you get support from high crude prices while n.gas prices are low OR you can play the drillers like Precision, Western Lakota, NQL, etc OR if your really ballsy, you can play foreign n.gas producers who are probably one of the lowest cost producers but have all sorts of political risks to deal with (but if the politics remain stable and n.gas prices catch up, that'll be a big boost to their earnings and therefore share price).

Unfortunately, question is a bit more complicated than it seems, should really look into what story you believe (if any) and how you want to play it. If your super conservative and can't lose any money and can only buy 1 stock, you might want to play somewhere else (like tech or financial services - both have been beaten up lately and likely some good buys IMO).

broken_legs

08-12-2006, 10:49 AM

Originally posted by black_2.5RS

A couple of things:
1) a lot has changed since I originally posted this, Hurricane Chris did not gain any strength over the water and turned into little more than a windy day for some folks in the caribbean. So, if you choose to invest in n.gas stocks, understand that your going to be investing in something that is volatile as shit and basically trying to predict weather (eg: hurricane or heat wave).
2) Everyone needs to do their own research and suit their own investment style. I play n.gas by investing in 1 market leader (Encana) and if i'm really confident, i'll pick up some small / medium caps to give me that extra boost (Vero, Provident).
3) I believe that their is at least one more good pull back in crude and n.gas to come. Although, the national hurricane center has downgraded the number of hurricanes this year from 12 to 7 (hurricane season ends Nov 30) - which may also keep production of crude and n.gas going (and therefore, prices from going significantly higher). I believe the odds of at least 1 big ass hurricane that will hit the gulf coast by Nov 30 is pretty good.
So, if you can get an Encana for mid $50-sub $60, I would start accumulating position and since that stock is liquid as shit, you can dump it quickly as well.

However, if you don't 100% believe in the n.gas story, you can alternatively play it through a large integrated (eg: shell, imperial, petro, etc) so you get support from high crude prices while n.gas prices are low OR you can play the drillers like Precision, Western Lakota, NQL, etc OR if your really ballsy, you can play foreign n.gas producers who are probably one of the lowest cost producers but have all sorts of political risks to deal with (but if the politics remain stable and n.gas prices catch up, that'll be a big boost to their earnings and therefore share price).

Unfortunately, question is a bit more complicated than it seems, should really look into what story you believe (if any) and how you want to play it. If your super conservative and can't lose any money and can only buy 1 stock, you might want to play somewhere else (like tech or financial services - both have been beaten up lately and likely some good buys IMO).

Just a thought on Natural Gas prices...

The oil sands projects are powered by Natural Gas. They burn ridiculous amounts of NG up there to cook out the oil. NG price is one of the big factors in whether or not oil sands production will be profitable.

Companies like Suncor are attempting to hedge the price of gas by developing more NG wells to raise the supply and thus reduce the cost. This could potentially drive the price down... But on the other hand if oil keeps going up they might be able to afford a little extra and no one will care. But on the other other hand, all of teh heavy machinery that moves the earth up there runs on DIESEL so when the price of OIL goes up so does the price of Diesel and thus the cost to produce a barrel of oil.

So maybe NG prices will stay where they are due to some manipulation by the big OG companies trying to get cheaper oil outta the ground up north...

Si_FlyGuy

08-12-2006, 11:07 AM

Your argument is true, except that all of the NG costs to cook the sands are flowed thru to the purchasers. From a company perspective, they are indifferent to the costs as long as their supply of NG is not excessive in relation to the market.

I might be wrong, but I believe the Suncor wells you are referring to serve to supply areas where NG is not readily available rather than to suppress NG prices in the consumer market.

Good post though.

Originally posted by broken_legs

Just a thought on Natural Gas prices...

The oil sands projects are powered by Natural Gas. They burn ridiculous amounts of NG up there to cook out the oil. NG price is one of the big factors in whether or not oil sands production will be profitable.

Companies like Suncor are attempting to hedge the price of gas by developing more NG wells to raise the supply and thus reduce the cost. This could potentially drive the price down... But on the other hand if oil keeps going up they might be able to afford a little extra and no one will care. But on the other other hand, all of teh heavy machinery that moves the earth up there runs on DIESEL so when the price of OIL goes up so does the price of Diesel and thus the cost to produce a barrel of oil.

So maybe NG prices will stay where they are due to some manipulation by the big OG companies trying to get cheaper oil outta the ground up north...

sabad66

08-12-2006, 08:25 PM

Anyone listen to me about SOG? would have doubled your money by now.

/////AMG

08-13-2006, 04:02 AM

Is anyone still going to or are backing up GLY?

moeman

08-13-2006, 09:41 AM

Nice to see NRN back up above a buck.....Hope PLE gets there soon too!

Shaolin

08-13-2006, 10:47 AM

yep, all good to go again :D I bought a few thousand when it was in the mid 60s as well.. Results will come in very soon :D

Z_Fan

08-14-2006, 07:46 AM

Wow PLE just hit $0.70.

Crazy.

89coupe

08-14-2006, 08:36 AM

Originally posted by Z_Fan
Wow PLE just hit $0.70.

Crazy.

You mean .74

PearlTSX

08-14-2006, 08:45 AM

Any one have any other good short term tips

Z_Fan

08-14-2006, 09:04 AM

Originally posted by 89coupe

You mean .74

Yeah, it kind of makes me wonder if Plexmar will see $1 again.

I think it will, easily.

modded46

08-14-2006, 09:05 AM

Originally posted by Z_Fan

Yeah, it kind of makes me wonder if Plexmar will see $1 again.

I think it will, easily.

What are they mining that's pushing them up so fast?? Cocaine?

benyl

08-14-2006, 09:53 AM

holy crap, glad I didn't sell the last 15,000 shares I have. Going for the ride!

Z_Fan

08-14-2006, 10:01 AM

Originally posted by modded46

What are they mining that's pushing them up so fast?? Cocaine?

Absolutely nothing. But GOLD ultimately.

That's why the price is complete and total bullshit. This stock should be worth about $0.15, if that.

That's reality.

Imagine a place where there is no roads, no nothing. Just desolate land. No water. Hell, no water source for miles. No drills, no drill targets for that matter. No nothing, empty.

AND THAT'S PLE!

Sure makes you wonder why the stock is as high as it is. Completely over-valued at the moment IMO, but I don't care, as I have shares...

But they are next to Aurelian Resources Inc (ARU) which had a big find, and all the preliminary stuff looks great. So there is potential for a big payoff.

moeman

08-14-2006, 10:28 AM

How about NRN up to $1.21 this morning? Seems like they both have stuff in the labs and could possibly have had some leaks. Not sure why else they'd be on this nice runup without any news releases.

Si_FlyGuy

08-14-2006, 11:28 AM

Originally posted by Z_Fan

Imagine a place where there is no roads, no nothing. Just desolate land. No water. Hell, no water source for miles. No drills, no drill targets for that matter. No nothing, empty.

Doesn't that remind you of another little company called UTS not too long ago? :nut:

Z_Fan

08-14-2006, 12:24 PM

Originally posted by Si_FlyGuy

Doesn't that remind you of another little company called UTS not too long ago? :nut:

It reminds me of a little company called Bre-X.

LOL

Oh, no, wait, they just lied about everything, I remember now. Hahah.

Reality is that it is the stock market, and anything can and will happen. But, for the sake of reality, PLE is nothing more than a desolate piece of land in the middle of nowhere that (hopefully) might have a whack of gold under it.

Either way, I have shares, so I am happy.

I've made about $9k off PLE so far, which is a good amount, but nothing like what I could have made had I held onto my original shares. Still, I find it hard to complain about it, yet still do. Hahah.

modded46

08-14-2006, 12:51 PM

What does everyone think of the high tech stocks such as Nortel & MS.. Will they ever rebound enough to make money on them.. Right now companies such as Nortel are dirt cheap for stocks, question is will they become valuable again?

snoop101

08-14-2006, 01:05 PM

You think its to late to get on the PLE bandwagon?

Z_Fan

08-14-2006, 01:07 PM

Originally posted by snoop101
You think its to late to get on the PLE bandwagon?

Nothing ventured, nothing gained.

modded46

08-14-2006, 01:10 PM

They are the only company that can legally mine within 50 kilometres of the border with Ecuador.. Uh. question is, is there anything worth mining there?

snoop101

08-14-2006, 01:10 PM

Do you guys have a good blog or website that has the new stocks on the tsx (and venture)?

modded46

08-14-2006, 01:12 PM

I like globeinvestor.com

modded46

08-14-2006, 01:14 PM

Jesus what happened to Sleeman.. Guess it pays off to get bought out by a Japanese company :)

PearlTSX

08-15-2006, 08:24 AM

looks like PLE's on the way back down... Down to 0.66 already this morning

djayz

08-15-2006, 05:16 PM

Just a sell off things should pick right back up where they left off tomorrow.

on the other hand anybody see cxx jump up nicely?
unfortunately i sold my holdings a few weeks ago but im thinking of getting back in on this play. Little more action than PTU too.

Z_Fan

08-15-2006, 05:23 PM

Originally posted by djayz
Just a sell off things should pick right back up where they left off tomorrow.

I sure hope so, I want to sell what I bought today at close tomorrow morning for $.73 or so.

*LOL*

Canmorite

08-16-2006, 08:18 PM

Anyone here in PTN?

maximus5502

08-18-2006, 08:52 AM

Here are a couple of stock to keep you eyes on:

Baden Technologies:
TSX-V symbol: BDZ

GeoCan:
TSX-V Symbol: GCA

OHS Capital:
TSX-V Symbol: OCC

Canwest: (Moving to AMEX next week):
OTCBB symbol: CWPC

just watch and see......

djayz

08-18-2006, 01:50 PM

^
what are we watching for?
i dont think occ is going to anywhere considering daily volume is less than 10000 and somedays even 0 and not to mention its a penny stock.

ramminghard

08-18-2006, 04:02 PM

If your looking into nickel then check out Brilliant Mining Corp.

Symbol: BMC on the TSXV

Edit:
Check out this article:

http://www.abc.net.au/rural/news/content/2006/s1718328.htm

maximus5502

08-20-2006, 10:06 AM

Originally posted by djayz
^
what are we watching for?
i dont think occ is going to anywhere considering daily volume is less than 10000 and somedays even 0 and not to mention its a penny stock.

I'mm just telling you guys to keep an eye on it. OCC only needs to goto $0.36 for you guys to make 100% ROI. watch, there is something being announced in the next couple of weeks

CWPC - check it out, the stock has had outstanding gains lately.

BDZ - read the press releases, they are looking at $0.12 per share earning this year making it like a $1.80 stock!!!!!

89coupe

08-21-2006, 03:10 PM

PLE closed at .75 cents today.:clap:

benyl

08-21-2006, 03:30 PM

Damn... how long to hold on...

I only have 15,000 shares left... and I don't want to sell if it is going to hit a buck. I can see this stock come crashing down... hahahahaha

89coupe

08-21-2006, 06:11 PM

Originally posted by benyl
Damn... how long to hold on...

I only have 15,000 shares left... and I don't want to sell if it is going to hit a buck. I can see this stock come crashing down... hahahahaha

I've been in it since .075 cents...haha:D

Mckenzie

08-21-2006, 07:06 PM

PLE has news releases coming in the next little while here so there is potential for movement up or down.

1) Airials
2) Eqaudor Property...60 days is almost up.
3) Possibly additional sample results.
4) Should have drill targets soon

GML also just had a good release on their drill results so this is also indicative of the potential in the area.

Any word on rol-a's YE results or upcoming news....?? stock is kinda idling lately and I'm wondering whether or not to put it into ASX as they have just finished drilling their cold lake property with drill results coming.

Roshio

08-21-2006, 07:57 PM

If you plan to save the money for a while always but it in stocks. They outpreform EVERY assest class including real estate, gold, bonds, and whatever other type of investment you can think over any 20 year period since people started trading stocks.

You already know everything you need to know to pick stocks. You could get into all that complicated crap but you probably have better things to do. The easiest way to pick a good stock is to buy the stock that makes the products that everyone is buying. Talk to teens, they usually find a hot product or store before anyone else and if you buy the stock of the company (if they are publicly traded) when you're sure the trend will last longer then 6 months and I you can expect to make some nice change. Use finance.yahoo.com, look up aeos(american eagle) and anf(abercombie and fitch). Before you look up their charts, think when did these store become popular and when was the first time you heard these brands from a friend od in a movie or on tv. Look up the charts and look at the date you came up and you can see for yourself how much money you could have made.

Of course their are major dips, that's the nature of stocks, no worries if you don't need the cash for a while, those dips are when you buy more and watch them go up again.

Pay attention, knowing when to sell is harder. You will get greedy and not want to sell. The second you start noticing people changing or find yourself not liking the products the company is making start questioning. If you find people are getting laid off, people are avoid the store, their a new trend that the company isn't adapting too, then it time to SELL SELL SELL. Example: who shops at the GAP anymore?

It doesn't just have to be popular brands you buy. If you love cars you know yourself who makes the best shit and often you know before it becomes really big.

It all comes down to; do I like it and do buy it's products? Yes. BUY Do I still like? NO. SELL. Easy.

One thing: keep an eye on P/E. This is price of stock times the number of stocks divided by earnings. This number tells you how expensive the stock is. If this number is high say above 30 be careful, it a sign the stock is overvalued but this number is relative to different industries. Tech stocks tend to have higher P/E while mature industires like banking stocks have lower P/E. It all depends how much other people expect the stock to grow.

I'm expecting a bubble in the alternative energy stocks. Not now but soon. It won't be nearly as crazy as the internet bubble but keep an eye out.

89coupe

08-22-2006, 08:39 AM

PLE .79cents this morning.:clap:

broken_legs

08-22-2006, 08:53 AM

I bought PLE at 0.33... Kind of makes up for all those other crazy things I do with my money :clap:

Si_FlyGuy

08-22-2006, 09:42 AM

I think that RGE is worth looking into.

I feel that the NR yesterday was quite conservative causing market reaction to be minimal, since I believe that tie-in is highly probable and the option well will be drilled. I don't think that the NR conveyed the optimism of that office.

Gspotracer

08-22-2006, 09:46 AM

PLE 0.82, :clap:

89coupe

08-22-2006, 10:06 AM

I think all you guys that bought into Plexmar owe me a beer or two or three.:bigpimp:

Z_Fan

08-22-2006, 10:21 AM

It's doing well.
;)

Z_Fan

08-22-2006, 10:42 AM

Ok.

Well, at .84 I am all out except for 10000 shares which I plan to keep, and not day trade (I promise) until the drilling results.

I've made a lot of $$$ off this one, enough to cover off my losses on ALL my other stocks combined. So, I'm happy I guess. :rolleyes:

Benyl -> Yes, 89coupe (bastard that he is) got in to Plexmar at 0.075 or SEVEN AND A HALF cents!

If anyone should be buying beers, he should be buying it for us as I doubt anyone has made anywhere near as much profit per share. :devil:

Am I right?

benyl

08-22-2006, 10:48 AM

haha, yes... I will buy him a beer after I buy my new turbo.

89coupe... we need another tip... like this one, where we can get in at 0.075 cents!

Z_Fan

08-22-2006, 10:48 AM

.84 at time of other post.

.87 now

WOW! :eek:

Gspotracer

08-22-2006, 10:55 AM

Originally posted by Z_Fan
.84 at time of other post.

.87 now

WOW! :eek:

Just hit 0.89:thumbsup:

Z_Fan

08-22-2006, 10:58 AM

PLE - PLEXMAR RESOURCES INC Part filled
22 Aug 2006 12:51 PM EST PTB 0237 Sell 5,000 0.88 CDN Day
PLE - PLEXMAR RESOURCES INC Filled
22 Aug 2006 12:51 PM EST PTB 0237 Sell 5,000 0.88 CDN Day
PLE - PLEXMAR RESOURCES INC Part filled
22 Aug 2006 12:38 PM EST PUO 2217 Buy 5,000 0.84 CDN Day
PLE - PLEXMAR RESOURCES INC Filled
22 Aug 2006 12:38 PM EST PUO 2217 Buy 5,000 0.84 CDN Day

My last bit of day trading, I promise. $400 in 13 minutes. Or $1846/hr. Not a bad job to have if that's what you'd make it. Man, I think maybe everyone does owe Brad a beer or perhaps a case!

TOO FUNNY!

I wish I had more money to day trade with. If you had a LOT of cash, you'd make a killing on PLE day trading it well. I mean, you're making a killing just holding on to it too, but if you can time it right...MAN...I made thousands of dollars on this stock when it was doing nothing back in the 40's, up and down all the time. Lately it's been harder, because when it goes up, it goes up huge it seems.

But still fun.:bigpimp: :bigpimp:

benyl

08-22-2006, 11:05 AM

.89 for a high so far...

At $1, I will have tripled my money on the stock I still have. I wish I would have held on to the 45,000 shares I sold at .63... where I doubled my money... hahahahaha

fawk, the capital gains payment is going to be a big one.

benyl

08-22-2006, 11:08 AM

fuck it, I am going to sell and day trade this bitch again. No more holding... hahahahaha

Z_Fan

08-22-2006, 11:15 AM

The reality is that until you SELL your stock, you've made nothing. Taking money off the table is never a bad thing IMO.

BUT, if it goes to $4, you'll kick yourself. Either way, my money is in the BANK already. :poosie:

benyl

08-22-2006, 11:18 AM

If it goes back to $0.40, I will kick myself too!

89coupe

08-22-2006, 11:29 AM

I just sit back and watch the action...haha.

Over 11x my original investment. Muhahaha...Muhahaha...Muahahaha

God I hate these fucking boards sometimes. Stupid image blocker bullshit.

http://www.ctgilles.net/images/pictars/dr.evil_one_miliion_dollars.jpg

Z_Fan

08-22-2006, 11:34 AM

WOW! $0.90!!!

:eek:

89coupe

08-22-2006, 11:36 AM

Originally posted by Z_Fan
WOW! $0.90!!!

:eek:

Looks like its starting to slide.

Z_Fan get your orders in...LOL:rofl:

Gspotracer

08-22-2006, 11:40 AM

I've got 10,000 I bought at .28, I'm going to hang on and see what happens:thumbsup:

wildrice

08-22-2006, 12:32 PM

Anybody know much about 'BUGS'?

Si_FlyGuy

08-22-2006, 12:41 PM

Originally posted by benyl

fawk, the capital gains payment is going to be a big one.

Anyone looked into whether PLE qualifies for the $500,000 small business exemption?:rofl:

Gainsbarre

08-22-2006, 02:03 PM

PLE finishes the day up 21.3% @ $0.91 :eek:

snoop101

08-22-2006, 02:13 PM

Ok so now im happy I got on the band wagon... I bought in at 0.72 .... So im a happy camper.

benyl

08-22-2006, 02:48 PM

I just sold at .90

Tripled my investment.

Now, I am going to start day trading... haha

djayz

08-22-2006, 04:49 PM

ive only got 5000 left that im holding
its going to go up tomorrow again with the volume unless alot of people take profit this isnt going to go down.

another moly play thats starting to get noticed is ROK sp has already moved alot but theres alot more to it now that summer is over and drill results and news releases are on the way.

wow so many gainers already...end of summer is crazy!

Schwa

08-22-2006, 04:50 PM

Z_Fan, it looks like you're trading using an online broker. Who are you using? for a 5% buy/sell gap it looks like comission might take a lot from your gross gain.

Z_Fan

08-22-2006, 05:00 PM

Originally posted by Schwa
Z_Fan, it looks like you're trading using an online broker. Who are you using? for a 5% buy/sell gap it looks like comission might take a lot from your gross gain.

$9.95 a trade.

Peanuts.

RBC Action Direct

broken_legs

08-22-2006, 07:14 PM

Maybe some of you experienced traders can answer this for me:

As I understand it, when you put in an order it is placed in a line, Orders are filled in the order they were placed... So If I am late putting in an order and there are 100 other orders already in they will get filled first and I could miss out.

Now my question is --> Say I place an order... say right now for where I think a stock price will be in a few days so I will be close to the front of the line on that day, if I change the order (IE the price or amount of shares) will the order lose its place in line, or will I still be at the front of the bus?

I am using TD Waterhouse and I have changed orders several times but noted that the Ref. No. on the order remains the same after its been changed.

Thanks for your advices!

:)

Ariakas

08-23-2006, 07:52 AM

PLE - $1.00

Gainsbarre

08-23-2006, 07:53 AM

PLE over $1.00 in early trading...

Mckenzie

08-23-2006, 08:00 AM

Go PLE! :P

Rolling Thunder also released its YE financials and an operational update today.....but no shares traded yet...

Hopefully there will start to be some movement in this one soon here...

Rav4Guy

08-23-2006, 08:01 AM

Originally posted by broken_legs
Maybe some of you experienced traders can answer this for me:

As I understand it, when you put in an order it is placed in a line, Orders are filled in the order they were placed... So If I am late putting in an order and there are 100 other orders already in they will get filled first and I could miss out.

Now my question is --> Say I place an order... say right now for where I think a stock price will be in a few days so I will be close to the front of the line on that day, if I change the order (IE the price or amount of shares) will the order lose its place in line, or will I still be at the front of the bus?

I am using TD Waterhouse and I have changed orders several times but noted that the Ref. No. on the order remains the same after its been changed.

Thanks for your advices!

:)

orders are placed by price and then by "who placed it first". So if multiple people are putting down a sell for 1.00, then whomever put in the order first.. gets queued first. If you go 0.99, then you'll be placed ahead of the 1.00 people.

If you change your price.. it'll get placed in the appropriate order. It doesn't matter if you placed your order 1 year ago or 1min. ago.

in regards to the ref. no. It doesn't matter.. it just lets TD reference the order.

cheers,

RX_EVOLV

08-23-2006, 08:47 AM

alot of good news for ROL.a , how come its so quiet

Mckenzie

08-23-2006, 08:53 AM

^ a lot of other stocks are quiet today too....they must all be perPLEXed with Plexmars rise to the moon and 6m + shares traded in less than 2 hours....

:dunno:

This stock needs some volume to get it moving....only 2133 shares traded on the YE report release date...:dunno: strange

spyce

08-23-2006, 08:55 AM

why didnt I buy PLE a couple days ago at 70 cents :banghead: :banghead: :banghead: :banghead:

benyl

08-23-2006, 09:03 AM

woah, SPX has double it's normal volume and is up 1.5 cents...

I need that bitch to hit 20 so I can get out even.

RX_EVOLV

08-23-2006, 09:26 AM

i missed the PLE boat, and I dont understand why it has gone up so quiet in such a short period of time w/ no news!!
but I think as long as they havent start drilling yet it is stil not too late! I will let it cool down a bit before jumping in

troyl

08-23-2006, 09:30 AM

Originally posted by RX_EVOLV
i missed the PLE boat, and I dont understand why it has gone up so quiet in such a short period of time w/ no news!!
but I think as long as they havent start drilling yet it is stil not too late! I will let it cool down a bit before jumping in

I am with you on this one. There should be a little cool down period (i hope!) so i get jump on the PLE bandwagon

Z_Fan

08-23-2006, 09:39 AM

I bailed on SPX this morning. Fuck that stock. Selling at a loss. Oh well. Not as bad as 0.20 but hey, at least it's gone.

I wouldn't wait on PLE.

It was only a week and half ago this was sitting in the fifties. :rolleyes:

If you think it's gonna go back down that low, you're crazy. It's only gonna drop that low after they announce drilling results that are shitty. And that is months away, and ofcourse, the results might be wonderful news.

I think if you're in it, you just stay and if you're not, buy in as fast as you can and WAIT patiently. ;) [Says the most impatient SOB in the world.]

RX_EVOLV

08-23-2006, 10:01 AM

it might not drop back to the 50s, but might back down to ~ 75s.. a good 25% difference

snoop101

08-23-2006, 10:27 AM

Anything else coming up on anyones radar right now? I bought into CDV.... COM DEV INTL LTD... So far so good. I bought in at $4.95 and its at $5.48. Though not huge gains like PLE but a good company non the less.

Heres a snip of the last news release.

COM DEV International Ltd. (TSX:CDV - News) today announced it has been awarded an Authorization to Proceed (ATP) valued at US $5.2 million (approximately CDN $5.9 million) to commence the design and manufacture of equipment for a European military communications satellite program. COM DEV expects the ATP to lead to a full contract valued at US $18.0 million (approximately CDN $20.5 million), with work carried out over the next 17 months at the Company's facilities in Cambridge, Ontario, and Aylesbury, UK.