Official Short-term Investments Thread

[Weapon_R]

Originally posted by sputnik


TD downgraded CNRL to a "Reduce" with a 12 month target at C$56.00

Where do you find info like that?

[sputnik]

Originally posted by Weapon_R


Where do you find info like that?

TD releases "TDSI Morning Action Notes" every morning in which they rate about 8-10 shares. I get it because I have a TD Waterhouse account.

However the thing with TDSI Morning Action Notes is that they only rate based on 12 month positions. So you cant expect to get any day trading tips from the report.

[Weapon_R]

Originally posted by 89coupe
Hey Weapon_R,

did you sell today? Burmis is at $3.30 :eek:

I sold 4000 shares today, time to start ordering car parts:D

Sold this morning at 3.50 :eek:

[sputnik]

Anyone looking at RIM?

The stock came off pretty hard in the past few months after Microsoft announced they were going to release a handheld device.

TD today upgraded them to BUY and are predicting that RIM will be back up to $120 USD before the end of the year (its around $68 now).

[E36M3]

I love my Blackberry.. Microsoft handhelds suck because the OS is so heavy.. it is too difficult to use them and the battery life is awful.

I'd bet that RIM will do well long term as they are the only good combination phone/email device.. Palm and Microsoft based devices are garbage now.


Originally posted by sputnik
Anyone looking at RIM?

The stock came off pretty hard in the past few months after Microsoft announced they were going to release a handheld device.

TD today upgraded them to BUY and are predicting that RIM will be back up to $120 USD before the end of the year (its around $68 now).

[ramminghard]

Originally posted by 89coupe
Hey Weapon_R,

have u looked at what Burmis is trading at today. ;)

If you want in on all the other tips, let me know.

I have a stock tip thread open on my site but I also have some others that are a little more high risk but as of late have been doing very very well.

I would like in!

[89coupe]

Unless you have Gobs and Gobs of money to invest, big dollar stocks are a waste of time. The return on your investment is miniscule unles you have hundreds of thousands of dollars.


Originally posted by E36M3
I love my Blackberry.. Microsoft handhelds suck because the OS is so heavy.. it is too difficult to use them and the battery life is awful.

I'd bet that RIM will do well long term as they are the only good combination phone/email device.. Palm and Microsoft based devices are garbage now.

[89coupe]

I have a sticky thread for stock tips on my boards. Go here if you want to follow it.

http://www.performance-shop.com/yabbse/index.php?topic=26640.0


Originally posted by ramminghard


I would like in!

[Weapon_R]

Originally posted by 89coupe
Unless you have Gobs and Gobs of money to invest, big dollar stocks are a waste of time. The return on your investment is miniscule unles you have hundreds of thousands of dollars.



I used to have a little bit of RIM, and the return was ridiculous.

Mind you, when shares are $100 each, having a few grand to play with is worthless. For all of the worrying, I only made a few dollars.

I'm going to look into some cheaper stocks now - with $5k, you should be able to make some serious returns if the stock climbs a few pennies even.

[sputnik]

Originally posted by Weapon_R

with $5k, you should be able to make some serious returns if the stock climbs a few pennies even.

But in the same way you can also suffer some serious losses.

[E36M3]

I'm not sure I follow.

Let's run two scenarios:

a) you buy $100,000 of RIM (at a theoretical price of $100/share)
b) you buy $100 worth of RIM (at a theoretical price of $100/share)

Due to genius (lucky?) investing, it rises to $200 and you sell

In scenario a) you make a 100% return on investment. In scenario b), you make a 100% return on investment.

What does the price of the shares have to do with the returns? Are you implying that penny stocks have a greater growth opportunity because they are generally earlier stage companies (and theoretically have higher growth potential as a percentage of share value)?

I'm just confused as to how share price has any bearing on returns.. I know that this is a common perception among small investors (hence the phenomenon of the stock split). I think companies are smart not to split (ie. Berkshire Hathaway) to get rid of volatility/small investors with crazy perceptions.


Originally posted by Weapon_R


I used to have a little bit of RIM, and the return was ridiculous.

Mind you, when shares are $100 each, having a few grand to play with is worthless. For all of the worrying, I only made a few dollars.

I'm going to look into some cheaper stocks now - with $5k, you should be able to make some serious returns if the stock climbs a few pennies even.

[sputnik]

Here is my contribution...

TSXV: GRH (Gold Reach Resources)

Currently at .20 and waiting core sample analysis. Rumours have this share hitting .60 and possibly 1.00 within the next few weeks.

[sputnik]

Originally posted by E36M3
I'm not sure I follow.

Let's run two scenarios:

a) you buy $100,000 of RIM (at a theoretical price of $100/share)
b) you buy $100 worth of RIM (at a theoretical price of $100/share)

Due to genius (lucky?) investing, it rises to $200 and you sell

In scenario a) you make a 100% return on investment. In scenario b), you make a 100% return on investment.

What does the price of the shares have to do with the returns? Are you implying that penny stocks have a greater growth opportunity because they are generally earlier stage companies (and theoretically have higher growth potential as a percentage of share value)?

I'm just confused as to how share price has any bearing on returns.. I know that this is a common perception among small investors (hence the phenomenon of the stock split). I think companies are smart not to split (ie. Berkshire Hathaway) to get rid of volatility/small investors with crazy perceptions.


Its because the stocks that they are currently buying are junior energy and mining companies that are selling for under $1.00 per share and have seen some quick 200-300% returns lately.

So it is perceived that they are better investments for "quick cash"... however like with anything they can also be good investments for quick losses.

I am not saying that day trading junior companies is a bad thing, and can be quite good if you are disciplined to keep it as just a "quick-in-quick-out" day trade. The problem is when people have a share that they bought for $1... then see it go to $3 and now have hopes for $10.

[E36M3]

I guess. Seems weird that share price will determine how high the price will go.. nobody would invest in expensive shares if that were the case, but I guess we are talking about casino-style speculators rather than investors in this case.


Originally posted by sputnik


Its because the stocks that they are currently buying are junior energy and mining companies that are selling for under $1.00 per share and have seen some quick 200-300% returns lately.

So it is perceived that they are better investments for "quick cash"... however like with anything they can also be good investments for quick losses.

I am not saying that day trading junior companies is a bad thing, and can be quite good if you are disciplined to keep it as just a "quick-in-quick-out" day trade. The problem is when people have a share that they bought for $1... then see it go to $3 and now have hopes for $10.

[Weapon_R]

Originally posted by E36M3
I'm not sure I follow.

Let's run two scenarios:

a) you buy $100,000 of RIM (at a theoretical price of $100/share)
b) you buy $100 worth of RIM (at a theoretical price of $100/share)

Due to genius (lucky?) investing, it rises to $200 and you sell

In scenario a) you make a 100% return on investment. In scenario b), you make a 100% return on investment.

What does the price of the shares have to do with the returns? Are you implying that penny stocks have a greater growth opportunity because they are generally earlier stage companies (and theoretically have higher growth potential as a percentage of share value)?

I'm just confused as to how share price has any bearing on returns.. I know that this is a common perception among small investors (hence the phenomenon of the stock split). I think companies are smart not to split (ie. Berkshire Hathaway) to get rid of volatility/small investors with crazy perceptions.



You're exactly right - however, when you don't have a lot of cash to invest, buying expensive shares is not the best way to go.

[2002civic]

plus the transaction costs make it not worth your while on expensive shares if you only buy a few (mine is 25 to buy/sell so thats 50 bucks right there)

[2002civic]

a couple others im into that you might want to look at, IPT, MYS, and SPQ all 3 on the tsx-v

[sputnik]

Looks like BME is levelling off. Anyone know what is going on with them?

[Stratus_Power]

any company ug uys recommand worth checking out?

[sputnik]

Originally posted by sputnik
Anyone looking at RIM?

The stock came off pretty hard in the past few months after Microsoft announced they were going to release a handheld device.

TD today upgraded them to BUY and are predicting that RIM will be back up to $120 USD before the end of the year (its around $68 now).

Research In Motion (RIMM:NasDaq) is sitting around $85 USD. Who said you cant make money... with bigger stocks.

What are you guys holding or investing in these days.

[Crasian]

kinda off topic, but you do you guys have any suggestions on a good finance/investing course available at U of C?

[Rav4Guy]

the thing is here:

You have $10,000

You buy 100 shares of RIM @ $100each OR
You buy 5000 shares of XXX @ $2.00each.

What is the chance that RIM will hit $150? HARD. we'll say that it does and you cash out for a profit of $5000.

What is the chance that XXX will hit $5? EASIER. we'll say that it does and you cash out for a profit of $15000.

Both ways yield a profit but assuming you have researched both companies and that both companies are in a good position. It is way easier for a stock that is at $2.00 to hit $5.00 then a stock at $100 to hit $150. That is why VOLUME makes a BIG difference when your short/long term trading.

[sputnik]

What are the chances of a $100 stock hitting $50 compared to a $2 stock dropping to $1?

Its nice to think big when you are unable to see the potential of losing money.

[Xtrema]

Also, low price stocks may not have the trading volumes so you can get rid of them when you need to.

[Rav4Guy]

Originally posted by sputnik
What are the chances of a $100 stock hitting $50 compared to a $2 stock dropping to $1?

Its nice to think big when you are unable to see the potential of losing money.

ok. Lets talk about losses. Risk is something that EVERYONE takes. Yes... the potential for a stock to decrease is always there. That's why you need to research these companies and perform fundamental or technical analysis before buying. Figure out what you Risk-to-Return is also.

A good way is to do the research/analysis yourself and stop relying on buying what everyone else is buying. You will be chasing stocks for the rest of your life, instead of making those prime decisions yourself. Stock prices are determined on supply/demand so if everyone decides to unload, the prices will DROP no matter what.

100 shares @ $100 = 10000
5000 shares @ $2.00 = 10000

100 shares @ $50 = 5000
5000 shares @ $1.00 = 5000

[sputnik]

Originally posted by Rav4Guy


ok. Lets talk about losses. Risk is something that EVERYONE takes. Yes... the potential for a stock to decrease is always there. That's why you need to research these companies and perform fundamental or technical analysis before buying. Figure out what you Risk-to-Return is also.

A good way is to do the research/analysis yourself and stop relying on buying what everyone else is buying. You will be chasing stocks for the rest of your life, instead of making those prime decisions yourself. Stock prices are determined on supply/demand so if everyone decides to unload, the prices will DROP no matter what.

100 shares @ $100 = 10000
5000 shares @ $2.00 = 10000

100 shares @ $50 = 5000
5000 shares @ $1.00 = 5000

Thanks for the math lesson Greenspan.

However I would think that statistically there are far less instances where a $100 share will lose 50% in one day (or less) compared to a $2 share dropping 50% in one day. My grandfather has a great saying "Big companies arent big for no reason".

Very often "analysis" on small/new companies is more speculative and a stock jump from $2 to $4 is as a result of one promising press release. However the same thing happens the other way quite often as well.

All I am saying is that on average bigger companies tend to be more solid investments even if the returns arent that huge.

[Rav4Guy]

Originally posted by sputnik


Thanks for the math lesson Greenspan.

However I would think that statistically there are far less instances where a $100 share will lose 50% in one day (or less) compared to a $2 share dropping 50% in one day. My grandfather has a great saying "Big companies arent big for no reason".

Very often "analysis" on small/new companies is more speculative and a stock jump from $2 to $4 is as a result of one promising press release. However the same thing happens the other way quite often as well.

All I am saying is that on average bigger companies tend to be more solid investments even if the returns arent that huge.

LOL. hey.. whatever you want.

It really depends on if you're a long-term investor or short term. Those bigger companies are there for a reason and they wouldn't be there without some stability. If you looking for long term investing, go for the big companies, but smaller companies tend to be better for short-term growth.

The reason why I suggested smaller companies for people is that they would be utilizing the volume to their advantage and like someone said previously, small amount of capital invested in large companies won't help you in the immediate future.

My main point, figure out what you are investing for. Then, decide from there. There are a wide array of securities offered to people and each one serves a portfolio in a different way.

[johnnymuk1]

Hi All:

This is, in a sense, one of those message boards you just read and not post. I have been coming here ( and to other YYC (and Canada) investment pages) and just reading. I take in all the info and make my own decisions later. I refuse to invest in anything without doing some research of my own and will NEVER invest anything without some kind of reasearch and SELF confidece in any company I choose to invest into. I never rely on anyone else's confidence in anything!!!

I have been playing the market for quite a while and I have to talk about something that has been touched upon in this message board.

Is it better to invest in low dollar stocks or large dollar stocks?

The answer lies in what you are looking for in your investment. (and most of this has been said before in posts and equilateral equations (showing nothing but equality)but I will hopefully put it in terms that both you and I can decipher.

I invest in penny stocks on a hunch or preminition (or other info I cannot comment about).

These are stocks that can easily double or triple in a day. But beware, they can also lose. On these stocks, the risks can be high, but if you have an indefinate timeline, you only sell when the price is beneficial. When the price is below what you paid, just hang on, it's bound to go up sooner or later.

These stocks are the "get rich" investors dreams. Many people have made a mint on these stocks. And I'm, sure you have seen a few of them on late night TV peddeling someones "system" or something else to get your money.

These stocks will double and triple very quickly because their value is not worth a lot. They can gain or lose their value many times a day, and their percentage gain (or loss can be in the hundreds) bbut it may not amount in a high dollar value.

They will go a lot quicker from 10 to 20 cents as apposed to $50 to $100 (still doubling!). It just makes sense! You could see a stock trading at $25.50 go to 25.75 and you could see a stck go from $0.45 to go to $0.50. A 25 cent gain versus a 5 cent gain. This turns into a gain of 1% versus a 10% gain(25 cents versus 5cents). You have to take into account what you paid for the stock to begin with!!!

Yeah, it can go the other way, but you just hold on to it until it is beneficial! This is the difference!

Personally, I only invest what I expect to lose! And typically, I only invest in thesetypes of stocks. Not taking into account my RRSP etc.(these are stocks I want little risk!)


Larger value stocks are not going to double, but the possibility of them halving is just as rare. They may move around a few dollars, but the percentage they move is much less, than any low value stock. These stocks are for the long term investor as apposed to the investor who wants to double their money.

I hope this makes more sense than:
10 @ $1
vs
1@ $10

Johnny Muk!!

P.S. pls check out CDK!! in TSX venture

P.P.S. Please do own DD!!!

[/////AMG]

CDK isn't bad eh, they are very slowly going up.

What is the best way to get into the Stock Market? Obviously you have to tell someone you want to put this much mone yon blah blah and they do it for u, but they will charge. WWhat is the cheapest way to get into the market? Just if you want to do this as a once a week thing or something?

[ExtremeSi]

Originally posted by /////AMG
CDK isn't bad eh, they are very slowly going up.

What is the best way to get into the Stock Market? Obviously you have to tell someone you want to put this much mone yon blah blah and they do it for u, but they will charge. WWhat is the cheapest way to get into the market? Just if you want to do this as a once a week thing or something?

I was wondering the same thing. I think I'm going to go talk to my bank tomorow (TD) finally. Does anyone recommend any other source?

[Weapon_R]

Originally posted by /////AMG

What is the best way to get into the Stock Market? Obviously you have to tell someone you want to put this much mone yon blah blah and they do it for u, but they will charge. WWhat is the cheapest way to get into the market? Just if you want to do this as a once a week thing or something?

I'm no professional, but here's what i've learned over the past couple of years. I started off with a small amount and was perfectly willing to lose it (scholarship money from high school). So far, i've had some great gains but also some pretty harsh loses, but overall i've gotten quite a bit back. I've really learned the true meaning of the term "It takes money to make money".

The best way to get into the stock market IMO is to have someone invest the money for you. A bank, backed by tremendous economic resources, is a good bet for a successful investment. You have a broker invest your money and they USUALLY get you around 10-14% return. If you have more cash, you can get higher returns. Of course, I say usually because there are chances that you can lose money too. Currency rates and unexpected changes can alter your gains dramatically. What happens is they take your money and invest it in a whole range of options and ultimately hope for returns. They do take some earnings from you, but as long as you are seeing your money climb at 10%, usually you won't care. The drawback to this is that you usually need a good amount of start up capital to motivate investors to take you seriously. There are also minimum amounts of cash you can put in. I've been thinking of doing this route now, as the personal investing thing is simply not as involved as you may think.

The easiest way to get into the stock market is to open up your own trading account and play around with a few thousand until you get the hang of it. Then, you will start to read up on upcoming companies and do research and invest that way. This typically is a once-a-week job, as you don't have to check your stocks every minute. The problem here is that you probably will only invest in a couple of stocks, and just hope for the best. There is not enough time for a person to dedicate to reading and deciding on a range of stocks like a broker would do for you.

Personally, now that i'm a bit older, i'd opt for the first method. It's typically the better alternative for long-term growth (~5yrs). If you don't need your money in that time, you should go this route too. If you expect to have a few years of instability, opt for the second route so you can sell your stocks and move on with your life on a whim.

[Weapon_R]

Originally posted by ExtremeSi


I was wondering the same thing. I think I'm going to go talk to my bank tomorow (TD) finally. Does anyone recommend any other source?

Im not sure how the American companies work, but they offer VERY low trading rates. It kills me inside to pay TD $60 per full transaction when other companes (ie ameritrade) are doing it for 14 dollars.

[johnnymuk1]

The American companies can those offer low trade rates based on minimums. You have to make about 15 - 20 trades per month to get those $5 - $14 dollar trading rates. When you make a trade, just make sure you account for the trade costs when you calculate win/loss. Trade a high enough volume that the trade costs will be minimized due to volumes.

I pay about $30. per trade ($60. if you count both ends) so I do not trade with volumes lass than $600.

If I buy 6000 shares at $0.10 per share (cost of $600.) I think of each share being $0.11 not $0.10. (total cost with commissions of $660.)

As long as you account for the total costs, you won't get bitten in the ass later!!!

Johnny Muk

[lilqt23]

Hey,
Is anyone trading now?
I opened an account. bought some shares...
any new news?? I see alot in the newspaper but its already late.. for the market.

[Celica TVS3]

If you're planning on buying and selling based on news you're not going to make money - you'll more likely lose it. Don't waste your time and money trading on speculation

If this is for the long term and don't have much money I would put it all in a bank stock. ie, Bank of Montreal.

[EnRich]

Dont invest right now, all the markets are terrible...

[Ballard]

Original Post Removed. (Please read the Forum Rules and Terms of Use (http://forums.beyond.ca/articles.php?action=data&item=1) before posting again, or risk getting banned).

[sputnik]

Originally posted by EnRich
Dont invest right now, all the markets are terrible...

Why would you say that? I have been making some pretty decent money lately.

:dunno:

[GUA]

ANY HOT tips lately? :bigpimp:


PS: just wondering how much minimum you guys invest in one stock;)

[E36M3]

I don't buy into the thought that markets are good or bad at any particular time. As long as a market is suitably liquid, there is always opportunity, and it is more a function of what you are investing in than in general market conditions.

A lot of people fail to realize that when markets are doing poorly it is often the best time to get in (the old buy low sell high thing).


Originally posted by sputnik


Why would you say that? I have been making some pretty decent money lately.

:dunno:

[sputnik]

Originally posted by E36M3
A lot of people fail to realize that when markets are doing poorly it is often the best time to get in (the old buy low sell high thing).

:werd:

I like to think of it as stocks that are "on sale".

I find it funny that people will flock to a gas station when gas is a couple cents cheaper but the complain when the stock market is at a 12 week low.

[Altezza]

Originally posted by E36M3


A lot of people fail to realize that when markets are doing poorly it is often the best time to get in (the old buy low sell high thing).



:werd: x2

[johnnymuk1]

Hello All:

I will buy more than enough of anything to cover my commissions. I never buy less than about $500 - $600 of anything, but I usually stay in the $1000.range. My commisions are about $60. both ends(so I guess they will run a minimum of 10% of the cost of the stock). Whenever you buy or sell, the commisions should be incorporated into the cost of the stock. Its just the cost of doing business, I guess.

With regards to the trend in the markets. I think most of it is a generalization. Just pay attention to the commodities that directly affect your particular stock. Watch the price of oil if you are thinking of investing in an oil and gas market. Price of gold and other precious metals if you are investing in a mining or exploration company. You get the drift!

The market can be down in almost everything except for the price of oil and in general be on an upswing. Its amazing how the price of oil affect the general market.

Just keep in mind where YOUR priorities lie!!!

Johnny Muk

[89coupe]

OK Boys and Girls, start your bidding. Rolling Thunder Exploration Ltd. has hit the market today. ROL.A Get in while the price is low. This stock will only go up up up.:thumbsup:

[rockym20]

If you don't know what you are doing and don't want to take a lot of time to check into individual companies, just buy into an index fund. The reality is that over time, there aren't a lot of investors who can better the market average. For example, the TSE oil and gas sub-index is doing extremely well right now. And when there is a downturn in oil prices, you haven't got your money in some crappy little exploration company that is about to go bankrupt, you've got your money in the top oil and gas companies in Canada.

[4DoorGTZ]

Originally posted by 89coupe
OK Boys and Girls, start your bidding. Rolling Thunder Exploration Ltd. has hit the market today. ROL.A Get in while the price is low. This stock will only go up up up.:thumbsup:

You the one who bought 5000 shares?

*Edit I see you posted this at 10:40am, the only sale of the day was made at almost 1:30pm. Its something I'd consider if I didnt just drop 30k for a downpayment on a Condo.

[89coupe]

No, I was on the initial IPO "presidents list" before it even started trading.


Originally posted by 4DoorGTZ


You the one who bought 5000 shares?

[/////AMG]

Is it too late to start?
-It's never too late

How about Google worth it now?

[Weapon_R]

Originally posted by 89coupe
OK Boys and Girls, start your bidding. Rolling Thunder Exploration Ltd. has hit the market today. ROL.A Get in while the price is low. This stock will only go up up up.:thumbsup:

Its at $1.01 today?

[Fluidic]

This ROL.A stock. What's the word on the street?

[89coupe]

So did any of you take my advice and buy into Rolling Thunder yesterday? If you did, good for you. Its trading at $1.25 today. Any easy 20% gain on your money in one day. I managed to buy more yesterday at $1.05.:bigpimp:

[mx6vf750]

I'm telling you, the company that you guys should be watching out for are:

1. Canex Energy CXO
2. Blizzard Energy BZZ

[4DoorGTZ]

Argh..... I knew this would go up..... Just dont like borrowing money to "play" with on the market.

[DarkDream]

The thing with companies that just go public there isn't really much information you can find on them since they don't really have any history on the market....

89coupe why do you say its a good company to invest in??? ANything important happening in the company??

[2.2vtec]

Originally posted by mx6vf750
I'm telling you, the company that you guys should be watching out for are:

1. Canex Energy CXO
2. Blizzard Energy BZZ


Is this guy banned?

[mooneyryan9]

yes he is banned

[89coupe]

Hit $1.44 today:thumbsup:

[ExtremeSi]

I got in on it:thumbsup:
thanks

[Celica TVS3]

Originally posted by DarkDream
The thing with companies that just go public there isn't really much information you can find on them since they don't really have any history on the market....

89coupe why do you say its a good company to invest in??? ANything important happening in the company??

In the oil and gas sector I like to look at the managment team. Often they were previsouly in charge of other companies that were bought out. If their old companies were run well the new startup is likely to be run well.

[89coupe]

Another "HOT" stock Sienna Gold Inc. SGP on the Venture, don't say I didn't tell you so ;)

It just started trading a few days ago.:thumbsup:

[Rav4Guy]

For those people are looking for "HOT" tips... just be careful. Always research what the company does before putting down any money, its your money that your risking.

Remember... people will always tell you to buy stocks they own. It helps raise the prices of the stocks that they own.

[89coupe]

Also remember to follow people with good track records ;)

LOL:rofl:

Oh oh...also remember, no guts, no glory!:bigpimp:

[Rav4Guy]

Originally posted by 89coupe
Also remember to follow people with good track records ;)

LOL:rofl:

Oh oh...also remember, no guts, no glory!:bigpimp:

no money... no car. :D

edit: hope you got out of that Tyler Resources awhile ago.. because its at .91cents right now.... down from the $2+ it was before.

[89coupe]

Speak for yourself, my car is paid for cash ;)

I sold some, but I still think its going to see $10


Originally posted by Rav4Guy


no money... no car. :D

edit: hope you got out of that Tyler Resources awhile ago.. because its at .91cents right now.... down from the $2+ it was before.

[Rav4Guy]

Originally posted by 89coupe
Speak for yourself, my car is paid for cash ;)

I sold some, but I still think its going to see $10



LOL! cash? no way.. same here!! how much was your car?

for your sake... I hope it sees $10 too.. then you can buy yourself a nice treat.

[89coupe]

Oooh...its up to $40K so far.... :nut:

I buy myself treats all the time. I don't need to wait for that ;)


Originally posted by Rav4Guy


LOL! cash? no way.. same here!! how much was your car?

for your sake... I hope it sees $10 too.. then you can buy yourself a nice treat.

[Rav4Guy]

Originally posted by 89coupe
Oooh...its up to $40K so far.... :nut:

I buy myself treats all the time. I don't need to wait for that ;)



nice nice. how long did this project take? Hopefully not since 1989. Looks like alot of stuff from the weblink.

[Weapon_R]

Hey Fuckers, keep it on TOPIC :poosie:

[Rav4Guy]

Originally posted by Weapon_R
Hey Fuckers, keep it on TOPIC :poosie:

soo.. money.. who wants some?

for those of you that put every last cent into investing. don't. Take a portion of your earnings and invest with that instead. Be sure you know what you want to do... long term or short term investing. Volatility you say? diversify! Don't buy oil+gas stocks, buy health care, and technology, automotive.. etc.

Have fun!

[89coupe]

Don't listen to Rav4 he's on crack ;)


Hey WeaponR,

I hope you didn't sell you all your Burmis shares. Have you seen what they are trading at today.:eek:

This is in anticipation for their 2nd quarter results. Which will be good I might add ;) They will be released on Aug.9th.

[89coupe]

Damn, over $4 today :eek:

[Stratus_Power]

any new stock tips going on lately?

[B20EF]

Originally posted by 89coupe
Don't listen to Rav4 he's on crack ;)


Hey WeaponR,

I hope you didn't sell you all your Burmis shares. Have you seen what they are trading at today.:eek:

This is in anticipation for their 2nd quarter results. Which will be good I might add ;) They will be released on Aug.9th.

I'm always so tempted to sell BME cause I bought at $1.35 but i know they're going to keep going up.

Check out BMD, they've been consistant lately.

[lastprodigy]

how hard is it to trade yourself with something like bmo investorline? i just got a chunk of mutual funds (bmo dividend fund or soemthing) and its doing quite decent.....but its boring and would like to do something myself....

[Weapon_R]

It's very easy to trade online yourself, but don't expect orgasmic pleasure out of doing it - its quite boring unless you have several dozen stocks all changing rapidly each day.

[89coupe]

My latest tips are. Invest at your own risk ;)

Solium Capital Inc (TSXV : SUM)
King Energy Inc (TSXV : KNG)
Result Energy Inc (TSXV : RTE)

and Bronco Energy Ltd. This is an IPO, go to sedar for information.



Originally posted by Stratus_Power
any new stock tips going on lately?

[Stratus_Power]

holy crap TYS is up @ 1.49 already. think its going too fast? would it be a good time now to sell and rebuy again when the correction kicks in

[AJL]

Anybody have any good "penny stock" tips? I prefer penny stocks, to the bigger value ones.

[lastprodigy]

Originally posted by Weapon_R
It's very easy to trade online yourself, but don't expect orgasmic pleasure out of doing it - its quite boring unless you have several dozen stocks all changing rapidly each day.

would i be better off than my current dividend fund which has payed me about 12% over 3 months......also is it as easy to find, buy, sell, just by a click?

[sabad66]

Originally posted by lastprodigy


would i be better off than my current dividend fund which has payed me about 12% over 3 months......also is it as easy to find, buy, sell, just by a click?
Hey how does that work? I wouldn't mind 48% per year.

[lastprodigy]

Originally posted by sabad66

Hey how does that work? I wouldn't mind 48% per year.

sorry its been about 3.5 months since i had it...well jsut look at the bmo dividend fund, canadian only.....the tsx composite is nearly at its all time high.....so well see hwo it goes :D

[Weapon_R]

Originally posted by lastprodigy


would i be better off than my current dividend fund which has payed me about 12% over 3 months......also is it as easy to find, buy, sell, just by a click?

It's really that easy to trade stocks, but its much riskier.

[sputnik]

Originally posted by lastprodigy


sorry its been about 3.5 months since i had it...well jsut look at the bmo dividend fund, canadian only.....the tsx composite is nearly at its all time high.....so well see hwo it goes :D

I have some money in the BMO Dividend Fund. Its definately a good way to diversify across a number of income trusts and TSX 60 companies. With a 10 year 15% average you cant go wrong either.

http://globefunddb.theglobeandmail.com/gishome/plsql/gis.fund_pro?fundname=BMO+Dividend&pi_universe=PUBLIC_FUND&product_id=

[89coupe]

Hey Weapon_R,

have a look at this post I made this time last year.

http://www.performance-shop.com/yabbse/index.php?topic=23523.0

Now have a look at what they are trading at today.:eek: :bigpimp:

[lastprodigy]

Originally posted by Weapon_R


It's really that easy to trade stocks, but its much riskier.

reccomend it or not ro a relative beginner i suppose...i know more than average though i supose?

[Weapon_R]

I would not recommend it for a weekend trader. Most people simply do not have the time to do it. I am going to try the mutual fund route now. If you are getting a steady 15% growth, you'd be crazy to try the stocks route, unless you are willing to see
-50% growth if you make a bad mistake. Of course, you could also see +50% growth too :)

If you have some money you can afford to lose, go for it. The payoffs are really, really good (see BME), but it can also mean a loss (see TYS).

[Weapon_R]

Originally posted by 89coupe
Hey Weapon_R,

have a look at this post I made this time last year.

http://www.performance-shop.com/yabbse/index.php?topic=23523.0

Now have a look at what they are trading at today.:eek: :bigpimp:

Fock, I remember a PM you sent me about this and I wasn't sure about it...:(

Congrats though, awesome find! What's up and coming now?

[TheBenzo]

Any good penny stocks out now (buy in of $400)

[lastprodigy]

Originally posted by Weapon_R
I would not recommend it for a weekend trader. Most people simply do not have the time to do it. I am going to try the mutual fund route now. If you are getting a steady 15% growth, you'd be crazy to try the stocks route, unless you are willing to see
-50% growth if you make a bad mistake. Of course, you could also see +50% growth too :)

If you have some money you can afford to lose, go for it. The payoffs are really, really good (see BME), but it can also mean a loss (see TYS).

yea i guess youre right...im jsut trying to pile as much money into there as possible right now becasue its doign quite well and theres no fees/penalty to draw or anything .....i mean as of yesterday .... iive seen about 13.5% over basically 4 months.....now if that translates to 40% per annum im laughing....but i dont think so....still quite happy with it....just the boring factor gets to me sometimes...i mean will the tsx comp really see another all time high.....i guess well see!

[roopi]

Originally posted by TheBenzo
Any good penny stocks out now (buy in of $400)

I've been trading AMEP.OB for the past 2 weeks. Think it'll hit $0.10 by the end of next week for sure. Should dip tomorrow in the 6's somewhere for a good buying opportunity.

This isn't and investment. It's trading.

[Celica TVS3]

Originally posted by lastprodigy


yea i guess youre right...im jsut trying to pile as much money into there as possible right now becasue its doign quite well and theres no fees/penalty to draw or anything .....i mean as of yesterday .... iive seen about 13.5% over basically 4 months.....now if that translates to 40% per annum im laughing....but i dont think so....still quite happy with it....just the boring factor gets to me sometimes...i mean will the tsx comp really see another all time high.....i guess well see!

How much cash do you have?

If its only a few thousand hold onto that BMO dividend fund. It's had great returns over the last 15 years, the fund holds good solid companies, its well managed, you're paying 2% managment fee, and it requires zero effort on your part.

If you want to be more active in your investing, get a list of the funds major holdings and follow those companies as if you owned them as stock. Read the papers daily, follow the sectors, catch there annual reports.... before long you'll have enough money and knowadge to blow out the mutual fund (DSC free) and you can start buying common stock.

I would stay away from the speculation and gambling that you always here about. Buy a few good companies and hold onto the stock. Pay minimal commisions because you're not activley trading, ignore short term market volitility, collect the dividends, and watch your money grow at a resonable rate.

[Weapon_R]

Originally posted by roopi


I've been trading AMEP.OB for the past 2 weeks. Think it'll hit $0.10 by the end of next week for sure. Should dip tomorrow in the 6's somewhere for a good buying opportunity.

This isn't and investment. It's trading.

already hit 10 cents today! not a bad pick but it never dipped below 7, lucky to those guys who got it at 0.02!

[00redLUDE]

Originally posted by 89coupe
My latest tips are. Invest at your own risk ;)

Solium Capital Inc (TSXV : SUM)
King Energy Inc (TSXV : KNG)
Result Energy Inc (TSXV : RTE)

and Bronco Energy Ltd. This is an IPO, go to sedar for information.




Hey, just wondering what your opinion of SAZ is? Hasn't really moved for awhile. Was at 0.20 initially and now it's down. Any thoughts?

[DannyO]

Good thread, I don't know much about trading/investing, but I've always been interested, for people who want to try it out risk free, goto http://game.marketwatch.com/Home/default.asp and do it with fake money, you can then learn how things work and what it takes to make money and how easy it is to lose it, I did it a couple years back with some software/hardware companies, I made ALOT of money, shame it wasn't real, but I plan to play with a decent amount of real money soon enough.

[/////AMG]

^^ I'll try that out,thanks! Always wanted to trade/invest, but don't even know how to get started (and none of you guys can tell/help me how now) because I'm in the UK. :(

I'll just watch you guys (especially 89coupe) get rich.:rofl:

[ramminghard]

Can anyone explain to me what an exchangable ratio is?

[E36M3]

I know a lot of stocks on the LSE and LSE/AIM exchanges if you are interested in learning about them at all.


Originally posted by /////AMG
^^ I'll try that out,thanks! Always wanted to trade/invest, but don't even know how to get started (and none of you guys can tell/help me how now) because I'm in the UK. :(

I'll just watch you guys (especially 89coupe) get rich.:rofl:

[89coupe]

I posted my latest tips in my stock section on my boards.

[roopi]

Originally posted by 89coupe
I posted my latest tips in my stock section on my boards.

Link?

[DarkDream]

It was in this thread

http://www.performance-shop.com/yabbse/index.php?topic=23523.0