View Full Version : Official Short-term Investments Thread
Feruk
12-16-2010, 02:03 PM
Originally posted by dawerks
Yeah, that young guy on BNN said it was his top pick a few days ago.
That's how I get my picks too, from TV.
Yeah I saw that. He also recommended Westfire though which I wouldn't touch with someone else's dick.
dawerks
12-16-2010, 02:08 PM
Originally posted by Feruk
Yeah I saw that. He also recommended Westfire though which I wouldn't touch with someone else's dick.
WFE is up 11% today, so yeah...
Interesting that you would buy one of his picks and ignore the one that's been killing it.
troyl
12-16-2010, 07:27 PM
Topped up a few positions today. Namely GFS, RTL, and BOE. Anyone holding these?
davidI
12-16-2010, 09:25 PM
Originally posted by e36bmw///
can someone explain to me why when NG inventories are -37Bcf, hnu skyrockets
While when inventories are -134Bcf and -260Bcf, HNU tanks. and tanks hard
It's all about what people are expecting :dunno:
997TT
12-17-2010, 09:16 AM
go GCE!!!
997TT
12-17-2010, 01:25 PM
Gce, cmk, sbb
Holla at me btchs!!
skandalouz_08
12-17-2010, 01:33 PM
I'm loving GCE today! Wish I wouldve bought more yesterday around $9.55 but I can't complain. Go GCE!
e36bmw///
12-17-2010, 02:55 PM
bn
e36bmw///
12-17-2010, 02:58 PM
nb
997TT
12-17-2010, 03:03 PM
Man what a shitty close for gce.
Oh well... Onto next week
Least SBB got stronger as the day went on.
Originally posted by e36bmw///
I get that, but I mean, did they expect -500? Were they not happy with -260.
That was a 10% loss for HNU. fuck
THat's HNU for ya.
In the last few months I think I've only seen it have 2 or maybe 3 consecutive green days and that's it.
dawerks
12-17-2010, 03:16 PM
WFE is still killing it, up 6%ish and I'm almost 20% in a short while. Niceee.
I love TV picks! :)
You guys should post the BNN picks when they do them, I don't have BNN :(
e36bmw///
12-17-2010, 05:25 PM
nm
997TT
12-20-2010, 09:57 AM
Just sold SBB at 5.21.
Easy 5%. Damn wish my cost wasn't in the 4.90's. My buddy got it at $4.75. Need to work on patience. Haha
pepschnops
12-20-2010, 10:06 AM
I'm holding GFS. A good LT hold.
Originally posted by troyl
Topped up a few positions today. Namely GFS, RTL, and BOE. Anyone holding these?
SilverRex
12-20-2010, 12:02 PM
watch out if UNG breaks above 6 or NG above 4.35, could be the breakout we've been waiting for
aklalani
12-20-2010, 02:10 PM
anybody getting back into GCE.TO? Just got in at $9.92
max_boost
12-20-2010, 05:21 PM
Oh man you guys should watch this. Is this dude crazy? Hyper inflation Zimbabwe styles in the next 6-9 months.
Third video down from link.
:rofl: :eek: http://www.marketoracle.co.uk/financial_markets_analysis_videos_10.htm
SilverRex
12-20-2010, 05:42 PM
Originally posted by max_boost
Oh man you guys should watch this. Is this dude crazy? Hyper inflation Zimbabwe styles in the next 6-9 months.
Third video down from link.
:rofl: :eek: http://www.marketoracle.co.uk/financial_markets_analysis_videos_10.htm
I dont think it will be hyper inflation, itd be stagflation 1980 style.
where intrest rate will be begin to climb over the next few years, unemployment will remain high, only key sectors will inflate which imo will target food and the energy sector
troyl
12-20-2010, 05:46 PM
Originally posted by pepschnops
I'm holding GFS. A good LT hold.
Strong close today over $9. I believe the financing will close this week.
bwling
12-20-2010, 07:55 PM
Originally posted by gyu
You guys should post the BNN picks when they do them, I don't have BNN :(
Originally posted by e36bmw///
^you can watch it online
Or if you don't have time to watch the programs and just want a brief summary, you can always go here (http://stockchase.com/Opinion.php).
KappaSigma
12-21-2010, 08:33 AM
Well XEL is comercial!
997TT
12-21-2010, 09:34 AM
gonna take a shot on HOD
in at $7.76
since i hate 2x etfs, i'll prob sell if it touches $8. have enough shares that 0.24 is good enough for this greedy mfkr
skandalouz_08
12-21-2010, 12:05 PM
Anyone get their dividend payout from UUU yet? Does it normally take a few days for a dividend to be paid into the account?
max_boost
12-21-2010, 12:17 PM
Dividend showed up yesterday.
max_boost
12-21-2010, 12:19 PM
Dividend payout:
997TT
12-21-2010, 01:41 PM
Outta CLL for 0.1 flip
Shit I thought to myself that yesterdays hnu rally was BS. Too bad I've been ass fkd on hnu/hnd so many times I couldn't pull the trigger.
e36bmw///
12-21-2010, 02:06 PM
nm
bwling
12-21-2010, 03:37 PM
Originally posted by KappaSigma
Well XEL is comercial!
Yeah! So happy that I bought back in last week when it dropped into the 3's. I'm at a 70% gain in 4 days.
997TT
12-22-2010, 09:06 AM
stopped out of HOD at $7.56. Man was hoping to make it to inv reports but wasn't to be.
watch oil tank now...lol
KappaSigma
12-22-2010, 11:18 AM
Call me a risk taker but Ive been building a small position on bkt whenever it pulls back.
korym
12-22-2010, 12:18 PM
nice div on bkt, keeping a low price point could give some good yield.
KappaSigma
12-22-2010, 12:49 PM
Originally posted by korym
nice div on bkt, keeping a low price point could give some good yield.
The way I see it is that is has double exposure.
CAN keeps releasing good news = increase for BKT
If they ever start a drill plan than based on spec alone it will increase sigfncaintly as right now its still a grassroots play, early on.
roopi
12-22-2010, 01:16 PM
Originally posted by korym
nice div on bkt, keeping a low price point could give some good yield.
Originally posted by KappaSigma
The way I see it is that is has double exposure.
CAN keeps releasing good news = increase for BKT
If they ever start a drill plan than based on spec alone it will increase sigfncaintly as right now its still a grassroots play, early on.
It doesn't even sound like you two are talking about the same company.
93VR6
12-22-2010, 01:28 PM
Originally posted by roopi
It doesn't even sound like you two are talking about the same company.
They're not, ones on the NYSE one's on the CVE.
997TT
12-22-2010, 02:18 PM
took a position in DGC at $29.25
will sell anything north of $31 and change.
anytime its fallen below its 50day its bounced quite nicely....i'm liking this trade a lot.
if gold corrects then all bets are off though...lol
troyl
12-22-2010, 02:34 PM
Any risk takers out there? I would suggest taking a look at Ratel Gold, RTL. Their "king-King" acquistion should take place in the new year. I have an average cost basis of $1.47 hope I can double up.
997TT
12-22-2010, 03:07 PM
Originally posted by troyl
Any risk takers out there? I would suggest taking a look at Ratel Gold, RTL. Their "king-King" acquistion should take place in the new year. I have an average cost basis of $1.47 hope I can double up.
private placement at $1.22. wow wish i couldve gotten in on that action.
troyl
12-22-2010, 09:08 PM
Originally posted by 997TT
private placement at $1.22. wow wish i couldve gotten in on that action.
Yup, I was ready to sell that day they released the PP terms. It dropped down to about 1.30 on that news then the same day ran up to about 1.90 if i am not mistaken. I think the market looked at it as financing to go through with the king king project. Greasy bankers!!! Oh well. I am excited to see what the future brings. Alot of options priced at I think 30 cents as well :(. Like I said it comes with some risk.
997TT
12-23-2010, 10:50 AM
Cmk baby. Let's go u pos
Dgc showing good support. Cmon let's hit the 30's
KappaSigma
12-23-2010, 11:02 AM
Hmmmm Compton up a bit over last few days on higher than average volume.....
997TT
12-23-2010, 01:36 PM
Kaboom!!!!
CLINE RECEIVES MSHA APPROVAL - Q4 COAL MINE PRODUCTION
Canada NewsWire TORONTO, Dec. 23 /CNW/ - Cline Mining Corporation (TSX: CMK) ("Cline" or the "Company") is pleased to announce that the United States Mine Safety and Health Administration (MSHA) has approved a mining plan which permits the underground miners to drive into and mine coal from the Apache and Allen coal seams at Cline's New Elk Coal Mine located in Las Animas County, Colorado, U.S.A. The coal miners have already begun coal production in the Apache coal seam utilizing underground continuous mining methods. The mined coal will be loaded directly onto the recently installed high capacity conveyor system and transported to the surface coal stock pile, from where it will be fed into the newly completed 3 million tonne per year metallurgical coal processing plant.
With this approval from MSHA, Cline has achieved its targeted start-up of the New Elk Coal Mine in Q4 of 2010. Production will increase steadily over the next year, with the goal of reaching the rate of 3.0 million tonnes of coal per year by the end of 2011.
Confirmation drilling of 16 drill holes at the New Elk Coal Mine has detailed and confirmed high quality metallurgical steel-making coking coal in the coal seams. The in-seam coal qualities reported by SGS from the recent drill cores show the coal to be in the premium high-vol category in each of the seams to be mined over the next twenty years.
Cline's New Elk Coal Mine has a mineral resource estimate of 315 million tons of coal in-place (87.6 million tons Measured and 227.4 million tons Indicated) as detailed in a technical report titled "NI 43-101 Technical Report of the New Elk Mine Project Los Animas County, Colorado, USA" prepared by Gary L. Skaggs, P.E., P.Eng. and Timothy Ross, P.E., of Agapito Associates, Inc. dated November 1, 2010 (effective March 13, 2010), available on SEDAR under Cline's profile and on Cline's website at www.clinemining.com.
About Cline: Cline has significant metallurgical coal property interests in British Columbia, Canada and in Colorado, U.S.A. with NI 43-101 compliant independent Technical Reports. Cline Mining Corporation is a mine development company focused on the exploration and development of metallurgical steel making coals in Canada and the U.S., iron ore in Madagascar and the Cline Lake Gold Mine Property in northern Ontario, Canada.
CLINE MINING CORPORATION
Ken Bates, President and Chief Executive Officer
Forward-Looking Information
This news release may contain forward-looking statements (including "forward-looking information" within the meaning of applicable Canadian securities laws), including the magnitude or quality of mineral deposits, the economic assessment and estimates regarding the mine life of the New Elk coal mine, and the timing and completion of financings. The timing of drilling and work recommended by the NI 43-101 Technical Report is based on current internal expectations, which may prove to be incorrect. Other risk factors are discussed under "Risk Factors" in Cline's Annual Information Form for its 2009 financial year end, and include management's ability to anticipate and manage risk factors. Such forward-looking statements necessarily involve known and unknown risks and uncertainties that are common to junior mineral exploration companies. These risks and uncertainties include, among other things, the Company's need for additional funding to continue its exploration efforts, changes in general economic, market and business conditions, and competition for, among other things, capital and skilled personnel. These statements are not a guarantee of future performance and undue reliance should not be placed on them. The Company undertakes no obligation to update or revise any forward-looking statements except as required by applicable laws. Copies of the Company's public filings under applicable Canadian securities laws are available at www.sedar.com. The Company further cautions that information contained on, or accessible through, this website is current only as of the date of filing such information and may be superseded by subsequent events or filings.
max_boost
12-23-2010, 02:36 PM
haha 997TT, you sure are active these days. :D
997TT
12-23-2010, 03:30 PM
Ya, I love this choppy mkt. I have this play acct that I just flip. Been doing super well even with small positions (well what I consider small)
Cmk baby. Makes up for shit day from GCE.
korym
12-23-2010, 04:59 PM
Nice call on the CMK, nice to jump in this morning, and out in the aft!
997TT
12-24-2010, 08:56 AM
Originally posted by korym
Nice call on the CMK, nice to jump in this morning, and out in the aft!
bad call....haha
this sucker is taking off....and all this volume when institutional money is supposedly off for Xmas.
cmon $4 in .... well already touched 3.84 so i guess that aint shit.
$5 here we come. haha
dawerks
12-24-2010, 10:58 AM
I bought GOZ.TO today...
No debt, new breakout, trades at 2 times cash flow vs 10 times cash flow of peers and 50,000 oz (smallish producer).
Have a looksee and do your DD...
997TT
12-24-2010, 11:43 AM
Originally posted by dawerks
I bought GOZ.TO today...
No debt, new breakout, trades at 2 times cash flow vs 10 times cash flow of peers and 50,000 oz (smallish producer).
Have a looksee and do your DD...
interesting... might throw a bit of cash at it.
CMK just took another run.. 4.17 x 4.18
man i gotta think about peeling off 1-2k shares here ... maybe hold the rest.
korym
12-24-2010, 12:35 PM
man, CMK looks great, good call on that... you still think itll push to 5?
hesitant on GOZ, already pretty exposed on gold...
997TT
12-24-2010, 01:35 PM
ya didn't buy GOZ...just added to my streamer to watch
I would say with CMK:
If you have the bankroll and the time to watch it, its an good daytrade candidate...ie 3k-5k shares and dump it after 0.1-0.15
my buddy who missed out is doing
If you wish to go long, i would say $5 is attainable. I would've prefered the stock be walked up slowly rather than these huge bursts. If you compare CMK to WTN and GCE, i think it still has upside.
I will be accumulating on pullbacks. Prob is a pullback in this stock has been 0.1 the past 2 days. lol
dawerks
12-25-2010, 12:53 PM
That's why the market is so wonky..
To use these last two examples..
CMK; 500 Million market cap, 10Million in debt, -19 Million cash flow. 130 Mill shares, no earnings. -49 Ent Value/EBIDTA
Price; 4.4
GOZ; 86 Million, 0 debt, +8 Million cash, +2 Million cash flow. 88 Mill shares, .06 EPS. 5.05 Enterprise Value/EBITDA
Price; 1.04
Yeah. What one would you buy? I will never understand the market and I will never understand why people buy certain stocks.
Rat Fink
12-26-2010, 06:24 PM
.
el_fefes
12-27-2010, 03:11 PM
Originally posted by bwling
Yeah! So happy that I bought back in last week when it dropped into the 3's. I'm at a 70% gain in 4 days.
I assume this is for Xcite Energy? I started following at around $1.70. Pissed that I didn't pull the trigger. Now at $5.76
What are your expectations for it?
What kind of research do you guys do to find these companies?
dawerks
12-27-2010, 10:41 PM
BNN!
I've made a killing with their picks, but really, any pick would have made money these last 2 years.
If you lost money these last 2 years, then there is something SERIOUSLY wrong with your investing style.
max_boost
12-28-2010, 01:38 PM
Well if the market goes from 7500 to 13,300, you better make some money lol
Interesting day. Gold up $20. Dollar at par.
China raises interest rates by .25.
Euro banks getting nationalized.
What gives?!?
The Grinch shows up AFTER X-mas? :D
Pullback in the new year still coming?
Go inverse my friends. hahaha
dawerks
12-28-2010, 02:11 PM
Originally posted by max_boost
Go inverse my friends. hahaha
YOU first!
:bigpimp:
GOZ will jump tomorrow. It is based in Sweden and it's the cleanest mine in Europe. It's the lowest valued peer and in this gold bull run it's been left behind, exactly the opportunities that I love.
max_boost
12-28-2010, 02:17 PM
HAHA
Yep.
3500 shares at 10.95 HIX. :devil:
dawerks
12-28-2010, 02:24 PM
I think you should short Apple, that will really show us :)
Actually I would never bring myself to buy an inverse ETF. They're a short term pair trade, not a long term hold. They way they are set up and trade, you would be better off actually shorting THEM.
If you look at the highest short interest, I think it's on these ETF's! Why? Because smart money knows they are not legit, they're a scam.
For a short term, they are better than actually going short, but I would seriously re consisider going LONG for any period of time.
For example, just bring up a chart of the HIX and the the S&P/TSX 60, and they don't really match up. That should tell you something.
Your money you know what to do with it better than me though :)
max_boost
12-28-2010, 05:52 PM
Originally posted by dawerks
I think you should short Apple, that will really show us :)
Actually I would never bring myself to buy an inverse ETF. They're a short term pair trade, not a long term hold. They way they are set up and trade, you would be better off actually shorting THEM.
If you look at the highest short interest, I think it's on these ETF's! Why? Because smart money knows they are not legit, they're a scam.
For a short term, they are better than actually going short, but I would seriously re consisider going LONG for any period of time.
For example, just bring up a chart of the HIX and the the S&P/TSX 60, and they don't really match up. That should tell you something.
Your money you know what to do with it better than me though :)
It's near identical?
XIU 52 week high: $19.30, low $16.17 )+20%
HIX 52 week high: $13.49, low $10.75 -20%
????
davidI
12-28-2010, 10:05 PM
dawerks comments make sense for a leveraged short like HXU / HXD, but I'm not sure I understand what he's trying to get at here.
dawerks
12-28-2010, 10:24 PM
I am comparing the actual index (TSX/S&P) to the inverse ETF's. To me when the index goes up, the inverse ones goes down more than it should.
Likewise, the ETF doesn't seem to go up as much when the index is down.
Ie, overlap the 2 charts, and they should be inversed right? If the TSX goes down 2% then the inverse ETF should be up 2% right?
Check out around Sept 14-16. The ETF seems to be down more than it should be.
Also, I just make my one bull case, if there is a refutation, I would love to hear it! Here it is;
If a CEO/company cannot make money in this LOW to no interest rate period, then what the hell good is that company? When the Fed turns off the free money, when interest rates go up, then sure, I will be bearish, but really, it's free cash!
I would like to hear the Bear case please! :) Also, China raised it's interest rates to halt it's BURNING hot economy. Is that enough of a reason to bail?
KappaSigma
12-28-2010, 10:27 PM
Hmmmm
Compton Petro. up to 47 cents in US pink sheets. Been lots of volume lately for them (more than average). I think its going to rally after trading a ton in a very tight trading pattern for quite sometime. Could get very interesting for them. Glad Im loaded with an avg cost of around 42 cents....
davidI
12-28-2010, 10:55 PM
Originally posted by dawerks
I am comparing the actual index (TSX/S&P) to the inverse ETF's. To me when the index goes up, the inverse ones goes down more than it should.
Likewise, the ETF doesn't seem to go up as much when the index is down.
Ie, overlap the 2 charts, and they should be inversed right? If the TSX goes down 2% then the inverse ETF should be up 2% right?
Check out around Sept 14-16. The ETF seems to be down more than it should be.
Also, I just make my one bull case, if there is a refutation, I would love to hear it! Here it is;
If a CEO/company cannot make money in this LOW to no interest rate period, then what the hell good is that company? When the Fed turns off the free money, when interest rates go up, then sure, I will be bearish, but really, it's free cash!
I would like to hear the Bear case please! :) Also, China raised it's interest rates to halt it's BURNING hot economy. Is that enough of a reason to bail?
I'm not very familiar with HIX but maybe max_boost has an answer?
I will respond to your bull argument though. The interest rates may be low but I don't think many companies or consumers have been taking on more leverage for growth. If anything, it would seem to me that companies are trying to tighten up their balance sheets at this point. I don't have any charts or stats to back this up, just my gut.
I've read that analysts figure China needs to raise interest rates another 200 basis points to slow down inflation. Not sure what effect that would have on the markets. I would think it would send people back to the US$, lower commodity prices and cause markets to fall across the board, but that wasn't what happened with this latest increase. The Asian markets were hit, the N.A. markets stayed status quo. Could be an interesting year.
With housing and jobs in the US where they are, I just don't see how the market can continue to be so bullish. 12% unemployment is no joke and the S&P500 is nearing pre-crash levels again. I'm not sure how anyone can justify that.
My view is that over 1 in 10 don't have a job, people have lost a load of house equity and they're already over-leveraged - where is consumer spending money going to come from? I expect a small 5-10% correction in the short-term, and a larger correction in a couple of years once personal, municipal and federal debts start catching up to people.
dawerks
12-29-2010, 12:18 AM
You forgot the greatest heist since Bretton Woods! The US is pulling off the most brilliant maneuver in the last 40 years.
1) They ditched thier dirty, leveraged loans (mortgage backed securities) on sukas.
2) Printing FREE money, driving down their export deficit, and getting to buy back their own treasuries, with money they just printed... FOR FREE!
Brilliant! How can there be no bull market when only one government gets to print the (arguably) most valuable fiat money??
Who cares about unemployment? A guy making $10 is irrelevant to the stock market (really!). Same with housing decline, that's already been done. Been there, done that, made my 2 baggers on it. NEXT!
I see us going from 13,300 to 16,500! With of course a corrections in January, April and July.
The only time I change my mind is if the fed stops printing money, stops spending money or raises interest rates. Until then, let's party like it's 1999!!! :)
davidI
12-29-2010, 01:05 AM
Originally posted by dawerks
Brilliant! How can there be no bull market when only one government gets to print the (arguably) most valuable fiat money??
Printing money = devalued currency = $5/gallon gasoline = higher cost of imports = America in crises.
The argument can be made that the devalued currency helps American exports, but I'm not sure how true that will be with expensive fuel.
The question is - what is supporting this bull market? Seems like a lot of people and governments are tapped out - so where is the spending coming from?
dawerks
12-29-2010, 10:10 AM
Originally posted by davidI
Printing money = devalued currency = $5/gallon gasoline = higher cost of imports = America in crises.
The argument can be made that the devalued currency helps American exports, but I'm not sure how true that will be with expensive fuel.
The question is - what is supporting this bull market? Seems like a lot of people and governments are tapped out - so where is the spending coming from?
Except gasoline is NOT $5/gallon. That's a fallacy.
And it's not an 'argument' that a devalued currency helps exports, it's a fact.
I thought we could have a logical, forward thinking talk but this is going nowhere, let's stick to stocks.
Anyways...
I triple down'd my gamble on GOZ.TO this morning, short term pay off. There is resistance at 1.14, if it breaks through that and holds, it's fresh air.
max_boost
12-29-2010, 11:39 AM
Originally posted by dawerks
I am comparing the actual index (TSX/S&P) to the inverse ETF's. To me when the index goes up, the inverse ones goes down more than it should.
Likewise, the ETF doesn't seem to go up as much when the index is down.
Ie, overlap the 2 charts, and they should be inversed right? If the TSX goes down 2% then the inverse ETF should be up 2% right?
Check out around Sept 14-16. The ETF seems to be down more than it should be.
Also, I just make my one bull case, if there is a refutation, I would love to hear it! Here it is;
If a CEO/company cannot make money in this LOW to no interest rate period, then what the hell good is that company? When the Fed turns off the free money, when interest rates go up, then sure, I will be bearish, but really, it's free cash!
I would like to hear the Bear case please! :) Also, China raised it's interest rates to halt it's BURNING hot economy. Is that enough of a reason to bail?
It's not going to match up perfectly because HIX tracks the TSX60 inverse. It's going to be a little off than the TSX index.
I'm just going bear on the rallies and bull on the dips. lol
fluid
12-29-2010, 12:14 PM
so anybody got anything to say about what happened to nat gas?
there is alot of it in canada maybe thats why
997TT
12-29-2010, 02:38 PM
Just doubled my position in cmk. Lol
Cost is now 3.44.
About to book my superbowl flights and cmk is gonna pay for my tickets and party fund.
dawerks
12-29-2010, 03:09 PM
Big resistance for GOZ at 1.14 so I'm happy to take my 10'er today and look for a re-test, re-buying opportunity.
Watch it pop for 10 more tomorrow, ha!
OPC is still killing it for me, I have a monster gain, but I'm looking for my SEVEN BAGGER!
davidI
12-29-2010, 10:07 PM
Originally posted by dawerks
Except gasoline is NOT $5/gallon. That's a fallacy.
And it's not an 'argument' that a devalued currency helps exports, it's a fact.
Perhaps I should have put a forward-looking statement disclaimer haha. The former president of Shell made the $5/gallon prediction last week.
A devalued currency does help exports, but the elasticity of this effect is questionable. Furthermore, the US doesn't export as much as it used to...
Obviously I'm still skeptical of the whole recovery, but as the market is never wrong, I've gotta play with the herd no matter my thoughts on it all.
bwling
12-29-2010, 10:29 PM
Originally posted by el_fefes
I assume this is for Xcite Energy? I started following at around $1.70. Pissed that I didn't pull the trigger. Now at $5.76
What are your expectations for it?
I've been trading in and out of XEL, so I haven't caught all of the upside either. When I first bought in, it was trading at only $1.00. Wish I had kept those shares...oh well.
To be honest, I am not sure where it will end up. Some of the message boards are speculating that it will hit double digits, but I think that may be overly optimistic. I am interested to see what their year-end reserves come in at.
dawerks
12-29-2010, 10:47 PM
Originally posted by max_boost
It's not going to match up perfectly because HIX tracks the TSX60 inverse. It's going to be a little off than the TSX index.
I'm just going bear on the rallies and bull on the dips. lol
Ok, I figured it out. The reason it doesn't track is because they are only 27% short the index. The rest, they are long securities! This is what you are REALLY invested in.
So, even if the market does go inverted, the following companies will go with and you could still be losing money! I knew I hated this HIX for a reason. It's a scam like I said. If you want to short, just go ahead and short the TSX/S&P index.
S&P/TSX 60 Index Forward Short 26.9% -- $-6.5M
Inmet Mining CorporationIMN Long 9.1% -- $2.2M
Metro Inc. AMRU.A Long 7.1% -- $1.7M
Research in Motion, Ltd.RIMM Long 7.0% -- $1.7M
Alimentation Couche-Tard Inc. Subordinate Voting ShareATD.B Long 6.4% -- $1.6M
FNX Mining Company, Inc.FNX Long 6.3% -- $1.5M
Agnico-Eagle MinesAEM Long 5.9% -- $1.4M
Alamos Gold Inc.AGI Long 5.8% -- $1.4M
Ivanhoe Mines, Ltd.IVN Long 5.4% -- $1.3M
Stantec, Inc.STN Long 5.4% -- $1.3M
93VR6
12-30-2010, 11:44 AM
Does anyone here enjoy investing in the venture? i'm looking for some cheap relatively high risk stocks, not afraid to lose money but would of course like to end up positive, thanks.
max_boost
12-30-2010, 12:06 PM
Originally posted by dawerks
Ok, I figured it out. The reason it doesn't track is because they are only 27% short the index. The rest, they are long securities! This is what you are REALLY invested in.
So, even if the market does go inverted, the following companies will go with and you could still be losing money! I knew I hated this HIX for a reason. It's a scam like I said. If you want to short, just go ahead and short the TSX/S&P index.
S&P/TSX 60 Index Forward Short 26.9% -- $-6.5M
Inmet Mining CorporationIMN Long 9.1% -- $2.2M
Metro Inc. AMRU.A Long 7.1% -- $1.7M
Research in Motion, Ltd.RIMM Long 7.0% -- $1.7M
Alimentation Couche-Tard Inc. Subordinate Voting ShareATD.B Long 6.4% -- $1.6M
FNX Mining Company, Inc.FNX Long 6.3% -- $1.5M
Agnico-Eagle MinesAEM Long 5.9% -- $1.4M
Alamos Gold Inc.AGI Long 5.8% -- $1.4M
Ivanhoe Mines, Ltd.IVN Long 5.4% -- $1.3M
Stantec, Inc.STN Long 5.4% -- $1.3M
A bit confused. Where did you find that information?
This is what I got off their website.
http://www.hbpetfs.com/pub/en/etfs/?etf=HIX&r=o
PeterGTiR
12-30-2010, 01:18 PM
Originally posted by 93VR6
Does anyone here enjoy investing in the venture? i'm looking for some cheap relatively high risk stocks, not afraid to lose money but would of course like to end up positive, thanks.
This probably doesn't meet your criteria of cheap, but I'm looking at HMG.V. It's trading at about $4.64 and I think it's worth a little bit more in the short term.
93VR6
12-30-2010, 01:23 PM
Chart and news looks interesting on HMG, I don't know how much upside I see. I will start watching it though, thanks.
997TT
12-30-2010, 02:53 PM
Outta half of my CMK bought yesterday for a nice 5% flip
sold my GCE today too ... not sure if this thing is gonna keep runing or slide back to $10...i'll take the 5% guaranteed
been a fkn awesome last quarter of 2010. Catch you cats in the new year.
bring on the cristal for NYE
dawerks
12-30-2010, 03:04 PM
Originally posted by max_boost
A bit confused. Where did you find that information?
This is what I got off their website.
http://www.hbpetfs.com/pub/en/etfs/?etf=HIX&r=o
TD Waterhouse ; under 'top holdings'. If you're using TD, it should show it on the summary page.
Maybe it's a way to hold up their NAV, but if I'm short the market, I don't want anything like RIM in my top holdings :)
max_boost
12-30-2010, 04:58 PM
I stumbled upon this site.
Almost a bit ridiculous if you ask me haha
Buy and sell signals on virtually every stock!?
2 year charts, multiple buy/sells per month but profitable assuming you follow their every move.
http://www.americanbulls.com/
:nut:
93VR6
12-30-2010, 07:01 PM
Originally posted by max_boost
I stumbled upon this site.
Almost a bit ridiculous if you ask me haha
Buy and sell signals on virtually every stock!?
2 year charts, multiple buy/sells per month but profitable assuming you follow their every move.
http://www.americanbulls.com/
:nut:
:nut: Indeed
anschutz_92
12-30-2010, 07:56 PM
lmfao what is this. I'm curious as to whats going on but obviously it wouldn't be too difficult to make a list of buy and sell points which would make money retrospectively. Has this site even been around for 2 years?
It's like a free vectorvest and all you have to put up with is a banner ad at the top lol.
max_boost
12-30-2010, 10:17 PM
First thing that came to mind was VectorVest haha
For those of you trading HNU the last couple years, if you followed American Bulls, you would only be -6% vs -97% if you bought it and held it for 2 years haha :nut: :dunno:
samo147
12-31-2010, 12:04 AM
anyone get rid of their pmt yet?
997TT
12-31-2010, 02:17 PM
damn, GCE and CMK....could've held for some more profits...haha
oh well.
DGC needs to get some volume....lets get this puppy over $30 and eventually to my target of $31+
max_boost
12-31-2010, 02:38 PM
VectorVest. $10 for 5 weeks susbscription.
I signed up, just to see what it's all about. Basically coles notes on virtually every stock out there lol
Happy trading and Happy New Year.
Rat Fink
01-01-2011, 03:23 PM
.
dawerks
01-01-2011, 05:21 PM
Stocks are just a game.
Their purpose is to give funds to a company, and that only happens when the stock is first set up or offerings (rare). After that, what the hell does a company get out of daily gyrations of the market?
Yet most companies pander to it. It truly is the 'greater fool' game. Companies return dividends to investors, for what purpose?? They won't get any of that money back unless they hold their own shares.
So all this nonsense of 'buy and hold' and investing is a sham. Shareholders DO NOT own the company, bondholders do.
Shareholders are just guys along for the game. Don't get me wrong, I love this game. It's got the best way of keeping track of who's winning :)
davidI
01-01-2011, 09:44 PM
Shareholders do own the company, only none of us have enough $$$ to actually have an impact. Bond holders collect their coupon - not sure what control you think they have??? Companies may be inclined to keep their BS in good shape in order to keep lending rates down, but that's an indirect influence of the debt market.
That's why it's good, IMO, to invest in firms with a large institutional presence who will look out for the rest of the shareholders.
Ontario Teacher's Pension Plan has been throwing their weight around as a majority stock holder in recent years. Gotta like that as a minority holder.
Been checking out a lot of mining companies out in BC since seeing the returns of CMK. Ran across (CUM) no joke, which has some really nice returns wish I found them earlier.
http://tmx.quotemedia.com/quote.php?qm_symbol=cum
However Ive been told these are not typically smart investments.. not sure what your guys thoughts are but im on the look out for a company like CMK or CUM
Rat Fink
01-02-2011, 12:26 AM
.
davidI
01-02-2011, 01:32 AM
CUM has one helluva nice chart from a trend perspective. RSI is pointing to it being overbought but depending on what you're hoping to do I wouldn't let that stop you...IMO everything looks overbought right now.
If you're going for a short-term swing trade, I'd buy it with a trailing stop of 4-5% and hope to ride the trend a little longer. When copper prices snap back, you can sell for what will hopefully be a decent little profit.
If you're looking to hold for the long-term, I'd wait for a correction before buying. I didn't spend any time researching their financials or what properties they have, but I have a feeling you'll have a better buying opportunity in the next few months (could be wrong...)
997TT
01-02-2011, 10:31 AM
I bet the shareholders of CUM incl employees laugh their ass off when mentioning their stock.
though they get the last laugh with their gains...lol
SilverRex
01-03-2011, 12:02 PM
Happy New year to everyone, wish 2011 brings us wealth and prosperity and some luck!
Due to a new family addition (2 of them now) I'd again going to be cutting back the amount technical posting to this thread. been doing this for about 2 years straight, I think its time to focus on other things..
a quick sniff on the market today
NG is looking good, the correction on UNG down to 5.47 was scary. but it never took out the critical 5.35 which I suggest will make or break NG, in fact it did the opposit by breaking above the 6.00 figure to confirm the last bit of grind was indeed a correction. I continue to look to the sky to 2011 as being a very good year for NG watch on UNG breaking out today on volume. Longer term prospect, I am still targeting NG to at least crack above 6.00 as a minimum.
Oil: my long term forecast and wave counts points to a high of 126, with oil taking out 92, it continues to shine.
Gold/Silver, Id talk about silver instead because for the next few years silver will see alot of gains then gold, since silver always performs in the latter stages of this parabolic move. with silver touching off above 31 (for a divergence imo) I believe a Top may be in, and some prolong weakness could be on the horizon, unless silver gives us a buy at 22-24 dollars, id stick with holding what physicals you have and wait patiently.
US dollar: well ultimately US dollar will drop its shoe, its only a matter of time until it suddenly decides to march south without stopping. I'd look to the canadian loonie to shine in 2011, banks forecase 1.15 in favor of our loonie this year. we'll see.
Overall feel? nothing has change. its all about flight to quality. Stagflation is the big word. continued high unemployment in the states, news on shortages and natural disaster will be the cover stories of 2011, be selective, agriculture, energy, follow by metals (at the right price) will be the place to be.
country? my bet remains in china, correction nearly complete and ready to push thru the envelope towards a new high.
Good luck everyone
;)
e36bmw///
01-03-2011, 01:09 PM
nm
997TT
01-04-2011, 08:34 AM
damn CMK/GCE... should've sold 0 shares last week. lol
SilverRex
01-04-2011, 08:57 AM
UNG: the breakout on the low level chart had great volume yesterday. so long 5.83 holds, I expect bias remains up
997TT
01-04-2011, 10:11 AM
Picked SBB at 5.25
Doubled up DGC position at 28.30
Powered by vBulletin® Version 4.2.4 Copyright © 2024 vBulletin Solutions, Inc. All rights reserved.