Official Short-term Investments Thread

[mr2mike]

Originally posted by SilverRex
I am still targeting NG to at least crack above 6.00 as a minimum.


So with the sustained above $6, where do we go from here? I'm nervous and thinking I may cash out with a small gain rather than hope for a big, sustained drive upward.

[yoda124]

I have a feeling Jan is going to be a down month.Sold all my long holdings and bought some $US bucks

[max_boost]

So the market was up this morning just over 13,550 and came back down.

I'm hoping for a down month too.

:D

[dawerks]

CIBC Traders!!

Check your 'transaction history', looks like CIBC is having issues with their accounting/adding program.

I got a cash adjustment back after they screwed up a simple multiplication!

[e36bmw///]

nm

[max_boost]

HND and HNU both at $7.41! haha :eek:

[5.0]

^ :eek:

Any thoughts on PSR? Thinking about picking up some up tmrw.

[dawerks]

Originally posted by e36bmw///
^ yea I have the same problem

Me fees are charged every time for some reason

For example, a sell order of 700 shares will sell in lots of 500 and 200

I get charged for both lots.


dawers, did you call in? Or did it get automatically fixed?

They changed this. So it's supposed to be fixed at the end of the day, but so far, nothing.

I talked to them on the phone, and they say you should only get charged once for a buy and once for a sell for the commodity no matter how many times you trade it during the day.

But I'm getting charged per part fill/part sell. I knew their brokerage was a little too good to be true.

[e36bmw///]

nm

[mr2mike]

I'm hearing of a potential snow storm for the east. So I can see HNU recovering from today.

[e36bmw///]

nm

[Rat Fink]

.

[dawerks]

They didn't use to do it end of day, but whatever. It's kinda fun getting a EOD refund :)

[e36bmw///]

nm

[mr2mike]

Just to reiterate:

More snow slated for the East Coast.
http://www.weather.com/outlook/weather-news/news/articles/weekend-snowstorm-again_2011-01-04?page=2

Hoping HNU holds strong into the weekend because of it.

[Hi-Psi]

Oh man, market took a beating today, all the stocks on my watchlist are down and by 3% or more in most cases.

GPR lost 13.8% today!

Can't wait to pick up some of these after this correction!

[997TT]

ya my SBB and DGC aren't doing so hot the past 2 days...lol

good thing CMK is kicking ass

[SilverRex]

NG critical near term support at 4.27 and UNG at 5.83 so long these are not broken, we could be at the end of the current correction.

gold/silver correcting as expecting

heard from a cycle perspective February could give us a low in commodities then up we go. This goes for oil as well.

Food prices will continue to sky rocket this year

MAy-Jun 2011 will be a turning point for the entire market. Depending if its a low or high at that point will dictate if hyper stagflation is upon us or new low awaits.

also prediction are now surfacing for the euro to collapse towards the end of the year (which could fuel the already weaken US dollar)

but even if a strong US dollar index, the strong commodities will fuel our Canadian loonie to 1.15 this year

[skandalouz_08]

I really wish I was still holding GCE, have watched it increase for the past week and am patiently waiting for the pullback that just doesn't seem to be happening. Oh well.

[dawerks]

Originally posted by SilverRex

Food prices will continue to sky rocket this year

MAy-Jun 2011 will be a turning point for the entire market. Depending if its a low or high at that point will dictate if hyper stagflation is upon us or new low awaits.


'continue to sky rocket'? I don't understand, what makes you say this?

Also, the market does not dictate. It's a future machine. If the market crashes in June, it means nothing in the real world as far as 'inflation' or lack of is concerned.

I forsee the opposite, I see TSX running to 15000, SP at 1450, US economy growing at 3+ percent. I want some inflation, but that's because of 0 percent interest rates. FUCK deflation, our systems are not built to handle it, and people are too stupid to be entrusted with it :)

[SilverRex]

Originally posted by dawerks


'continue to sky rocket'? I don't understand, what makes you say this?

Also, the market does not dictate. It's a future machine. If the market crashes in June, it means nothing in the real world as far as 'inflation' or lack of is concerned.

I forsee the opposite, I see TSX running to 15000, SP at 1450, US economy growing at 3+ percent. I want some inflation, but that's because of 0 percent interest rates. FUCK deflation, our systems are not built to handle it, and people are too stupid to be entrusted with it :)

I never expect deflation, in fact I'm on the inflation bandwagon, but hyperinflation will target certain sectors not everything going to go up, mid 2011 is a turning point, you will be surprise how often things are driven base on cycles. That is why depending on where we are in a few months it could tell us 'hint' as to what is to come.

my bet is we will see some sort of low in june then all markets is going to advance, commodities should find a low in feb2011 and move sooner

[max_boost]

Originally posted by dawerks


'continue to sky rocket'? I don't understand, what makes you say this?

Also, the market does not dictate. It's a future machine. If the market crashes in June, it means nothing in the real world as far as 'inflation' or lack of is concerned.

I forsee the opposite, I see TSX running to 15000, SP at 1450, US economy growing at 3+ percent. I want some inflation, but that's because of 0 percent interest rates. FUCK deflation, our systems are not built to handle it, and people are too stupid to be entrusted with it :)

Run to 15000 from here or pull back somewhere in the 12000 range before going back up?

:D

[dawerks]

Originally posted by SilverRex


I never expect deflation, in fact I'm on the inflation bandwagon, but hyperinflation will target certain sectors not everything going to go up, mid 2011 is a turning point, you will be surprise how often things are driven base on cycles. That is why depending on where we are in a few months it could tell us 'hint' as to what is to come.

my bet is we will see some sort of low in june then all markets is going to advance, commodities should find a low in feb2011 and move sooner

I'm all for inflation too!

max; I am actually hoping for a straight shot to 15000 :) We hit 13,500! When/if we hit 12000 it will happen in a matter of days.

They say the market only trends 10% of the time, so long and strong!

[5.0]

Think its to late to get in with these guys?

http://www.canacolenergy.com/investors/stock-info-faq.html

[dawerks]

They were talking about it on BNN. If it's on BNN and they like it, BUY IT!

Never had a BNN pick go bad on me yet.

[997TT]

Doubled down on SBB. My cost is just over $5 now.

Man saw cmk under $4 and heistated... Hopin for lower. Man such a puss.

[997TT]

order just filled on cmk at 4.02.

Would prefer lower but I'm gonna roll with a different strategy on this stock. Buy a core holding and hold and try and daytrade another position.

[997TT]

Holy fawk... CMK is a gold mine

4.33 as i type this....haha.

GCE lower guidance for 2011....back to $11.
My feeling is this stock could be had for lower. i will wait to buy.

[skandalouz_08]

I'm in the same boat, bought into CMK yesterday (a little too high) but still up today.

Also been watching GCE and if it hits 10.5x or 10.6x I'll probably buy back in. What's your entry point for GCE 997?

[997TT]

ya i'd like to see GCE in the low to mid 10's

Well i'm almost even on SBB.... need another nickel.
but glad i avg'd down at $4.8 yesterday.

and finally DGC is moving.... up a bit on my cost. had to avg down on that pos too....haha

[93VR6]

What level are you guys planning holding CMK to?

Think it can hit 4.70+ again in the short term?

[997TT]

^^ hell ya it can hit that. Just a matter of time imo

i like holding a core position and daytrading another position.

If your willing to hold for a few months - year then ya CMK is going up for sure. If you like the 5-10% swings then daytrade the fk outta it.

GCE showing tremendous support sub $11. I'm still waiting....targeting something in the mid 10's

[93VR6]

Doesn't look like you should hold your breath for GCE anymore.

[skandalouz_08]

Of all the stocks that I watch GCE is the only one that finished in the red today. We'll wait and see what tomorrow brings, but I was also hoping for GCE to drop through 11 and keep falling.

[997TT]

Damn, just reading up that CLM got bought out for $17.25/share

man was eying thing at $12...then it popped but traded around $13 and i was thinking Ok i should buy here.

man... :banghead:

[997TT]

CMK 4.43 x 4.44....easy 10% and counting.

CLM still hating myself... this stock is on the first page of my streamer ... i watch it intensely....and yet all i did was watch.

[997TT]

anybody else watching this shit.... 4.65 now

hahah...money is falling out of the sky.

well i know skandalouz_08 is making money.....

[skandalouz_08]

Haha I already sold (so I'm kicking myself now that it keeps rising) but yes I'm watching it and kind of surprised its still going up. I would almost bet on a pullback later this morning/early afternoon as people take their profits.

[997TT]

i'm tempted to sell my daytrade position...up 0.60 in less than 2 days. Guess RBC bought 900K shares and other major institutions are accumulating.

picked up ERD at $1.52.

[korym]

pressure for CMK to still keep climbing...?

[93VR6]

I'm letting go of CMK right now, 15% in 2 days, don't wanna get too greedy.

[997TT]

I'm holding still. Haha

Uranium having a good day.
Holdin PDN as my only uranium play.

[dawerks]

A while back I was looking for non-commodity plays on the TSX. HARD to find good ones.

My wife looks hot in Lululemon and I remember what Peter Lynch said, 'buy what you see.' And what I saw was GOOD.

So, I made my 'stupid' buy (that's what everyone was saying anyways), but today it's officially my first 7 bagger.

Thank you LLL! :)

I only bought 1000 shares though (oops). But, uh, my wife can buy all the Lulu she wants from now to eternity! The only 'problem' I have now is, how do I exit the stock??? Taxes, capital gains and do I really want to give up on a 10 bagger??

Problems problems problems!

[max_boost]

^^
screen shot of said 7 bagger?

:D

[kaput]

.

[troyl]

Originally posted by kaput
wtf is a bagger

A 7 bagger would be earning 700% on an investment.

[troyl]

Originally posted by max_boost
^^
screen shot of said 7 bagger?

:D

More importantly... Post pics of wife.

[yellowsnow]

NML went up 26% today. Going to buy more if it goes back down to $3 =) i'm up 130% on this stock since last year

[dawerks]

Originally posted by troyl


More importantly... Post pics of wife.

Haha, she would kill me! But if you guys can show me how to do a screen shot that would be great!

I thought that OPC would be my first 7 bagger, that's why I posted LLL.

I also think that NWI.TO is going to be a multi bagger as well as VPY.TO

I won't post any more of my old holdings as it doesn't seem to go over too well. But I will brag when these ones bag up ok?

:)

[max_boost]

Hit "print screen" and then open up paint, paste it, save it and upload it in your post.

I just can't believe you held on to LLL for that long. $10 all the way to $70. Ridiculous man! haha

[Hi-Psi]

LLL was a no brainer in my opinion. I wanted to buy during the IPO but had my money tied up in other places and have kicked myself every since.

[skandalouz_08]

I actually did a report in school on LLL when it was trading between the $28-30 range. My conclusion to my report was buy and hold. I wish I had money back then and invested it.

Although I did read on google finance today that LLL may be overvalued and should be watched closely as keeping up with the large profits they are announcing will soon be too much to handle.

[997TT]

CMK just popped to 4.85

This sucker i poised to take out $5 asap.

[997TT]

Check that 5.04
25% in 2 days. Bam.

I can't peel my eyes from the streamer. Hahaha

[KappaSigma]

Lulu is nice but wow is it trading at a rediculios P/E ratio. Earnings do not support the current level. Not even close.

[997TT]

sold daytrade postion on CMK at 4.90...damn it. should've just put in an order at $5. lol

still h olding core position

will look to add back if i can.

[997TT]

Just added SLW at 33.17

Man all these venture stocks shooting up massive %.

[tryingtobebest1]

What do you guys think about uranium UUU? Its going up nicely!?

[max_boost]

Originally posted by tryingtobebest1
What do you guys think about uranium UUU? Its going up nicely!?

I like it.

I have 7000 shares and up 32%, not including the special $1.06 dividend. Other than that, I don't know. I'm hoping for $10 :rofl:

[max_boost]

Originally posted by 997TT
sold daytrade postion on CMK at 4.90...damn it. should've just put in an order at $5. lol

still h olding core position

will look to add back if i can.

Dude you are a monster on the markets these days. Buying everything in sight hahaha :thumbsup:

[997TT]

Man I need to check myself on stupid gold/silver stocks. Haha

Stay with where the hot sector is ....

[nobb]

Anyone else invested in Reliable Energy? Got in at 0.32, 0.42 now. 10% gains today alone.

[997TT]

added a small CMK daytrade position at $4.76

might add some WIX, SLG and or TAO at these levels too.

[skandalouz_08]

I got stopped on my position of sbb, but picked up cmk now too, watching gce closely to get in near $11

[997TT]

i grabbed more SBB at $4.72
added WIX at $6.44

looking for an entry into SLG and TAO.

[997TT]

Shit WIX and SBB ....
Cmon rebound

[skandalouz_08]

So I got stopped out on my CMK, was up $150, got greedy and ended up getting stopped out the other way.

Currently watching cmk, sbb and gce, all are so close to the "buy" price, but don't know which one yet haha.

[997TT]

so down 0.05 on SBB buy at $4.72
down 0.25 on CMK... i pray $4.50 holds
ERD pretty much back to even
WIX got pummelled but is now back to $6 (so down $0.44)

i hope this last 35 min isn't more selling ... or Monday could be a gong show.

be nice to hold steady going into the wkd.

[dawerks]

Originally posted by max_boost


I like it.

I have 7000 shares and up 32%, not including the special $1.06 dividend. Other than that, I don't know. I'm hoping for $10 :rofl:

Nice gains, are you going to sell it on Monday? Probably not. That's the same with some of the stocks in early 09, there was never a reason or time to sell them.

I'm not really looking for 10% gains, I'm looking for 1000% gains. Otherwise, what's the point? The stock market is a future machine, buy some stocks, hope to get lucky and make other people pay lots in the future.

I know 'buy and hold' is supposed to be dead, but it's alot easier to just find/get lucky once than hope to get lucky EVERY single day. Less stress full too.

I mentioned LLL because I honestly thought OPC would be my first 7 bagger, otherwise I would not bring it up. (I'm still holding OPC btw, which I posted on here as being bought at .48-.49).

[skandalouz_08]

So don't know how the markets will fare with the US closed today but I bought into CMK at $4.62 this morning, watching GCE closely and will probably get in under the $11 mark, although getting in at $10.90 (day low) would be nicer.

[997TT]

nice... i wish i held out.

fk of course btw wix, slg, tao i pick the one with political uncertainty...haha.

i'm holding my shares...stupid Wix.

[skandalouz_08]

Call me stupid, but bought back into GCE at $10.99, seems to be very strong resistance there as it did drop to $10.9 earlier today but came out strong after that. I do have a tight stop set at 10.88, but see lots of upside to GCE still.

[FlamingC19]

What do you guys think of Alange Energy its currently trading at 0.295 close to its 52 week low. It recently had some negative publicity with production levels and dropped close to 50% in value but appears to have bottomed out. Wondering if anyone else has taken a look. Most analysts had it as a Strong Buy before this happened.

[997TT]

^ ya i own the pos ALE

i know guys who are buying it (0.30) but i'm staying away and not expecting to rebound.

fkn shady crooks run that company

[93VR6]

Originally posted by 89coupe
Here is a better buy. BME on the TSX they have a 1000BOE/day Nisku well shut in until tied into facility. They are drilling two more wells on the same play. This will more then double their production. Watch the stock hit $2.00 or more by next summer.

They are trading at $1.06 right now...you do the math ;)

I can't seem to find BME on the TSX? Typo or am I retarded?

[skandalouz_08]

Go GCE and CMK! Sucks I'm not going to be near my computer today, have to rely on delayed 15 min quotes, but it was a good open!

[997TT]

I pay $$ for RT streamer on my bb. My company like every company I think monitors internet usage.
And b/c I'm a contractor I error on the side of caution and just pay the fees.

If ur on bbm I can give u updates like I do my buddies. Haha

[roopi]

Originally posted by nobb
Anyone else invested in Reliable Energy? Got in at 0.32, 0.42 now. 10% gains today alone.

I've been in this one for a couple weeks as well. Portion of this company is owned by Crescent Point Energy and a George Soros fund. Also options granted around $0.33 as well as minimal insider buying in the same range. I've already made a good return on it by trading it a few times but I do have a chunk I'm holding on to.

[roopi]

Originally posted by 93VR6


I can't seem to find BME on the TSX? Typo or am I retarded?

That 'Tip' was from 7 years ago. A little late to jump into this one I think. :)

FYI I believe the company was bought out a few years back.

[997TT]

Finally ERD making a move
1.64 x 1.65.
Cmon let's go

only down 0.30 on WIX now...haha
cmon u pos...lets get back on the road to SH profit...mainly idiots like me who bought at $6.44

[5.0]

CUM! Holy really wishing I bought last month...

[Canmorite]

Looking at the Venture index, it's gone straight up basically since July/August. Can it keep going at this pace? :nut:

Speaking of runaways, the Nasdaq (QQQQ) is now above it's 2007 high of $57.07. Above that, we are looking at 2000-01 levels...

[max_boost]

Originally posted by Canmorite
Looking at the Venture index, it's gone straight up basically since July/August. Can it keep going at this pace? :nut:

Speaking of runaways, the Nasdaq (QQQQ) is now above it's 2007 high of $57.07. Above that, we are looking at 2000-01 levels...

The market has gone locos since July :nut:

Everyone is calling for pullback, waiting for pullback but where the hell is this correction? We are gonna see 14,000 by months end if this keeps up. That means I need to buy more inverse haha

[Hi-Psi]

Yeah I have no idea what I should be doing, I've been waiting for the last month and a bit for a correction and haven't seen much of one at all. In a lot of cases my watchlist stocks have gone up.

Guess the wait continues...

[Canmorite]

Originally posted by max_boost


The market has gone locos since July :nut:

Everyone is calling for pullback, waiting for pullback but where the hell is this correction? We are gonna see 14,000 by months end if this keeps up. That means I need to buy more inverse haha

I think everyone was waiting for a pullback to get in, but it's just not happening, so they pile in at higher levels. Kinda scary.

Wish I had paid more attention over the fall. All these stocks look so extended now.

[max_boost]

Sold off Bank of America. Debating whether to sell Citigroup. UUU is still the gem but I really believe a pullback is coming so hoping to get back in at a lower price. A 1000pt drop on the TSX and DJI is what I really want haha

[KappaSigma]

Hmmmm I wonder whats up with Compton Petroleum today (CMT). HUGE volume, I mean huge volume. So far 20 million plus shares traded when its typically been 500K-1 million average.

Somethings up. I bet the company is sold in the next 6 months.

[max_boost]

Markets bleeding some red today. Hopefully it keeps up hahaha:devil:

[mr2mike]

I sit and laugh because the past 4 pages is max_boost praying for this anticipated and called for pull back and it finally showed some weakness, lol.

However, I am still of the mindset that its the unanticipated that drop the hardest. Everyone's sitting here, slowly cashing in, waiting for a pull back... it drops a bit, people think, wow that wasn't bad, but glad I "got out of the way"... back into the market and then, whammy, that's when the pull back happens.

[max_boost]

I sold out of my UUU as well. My biggest cash to date. 124% returns. :rofl:

Hope to re-enter under $5 and I hope the markets actually pullback or else I'm gonna cry. :cry:

[997TT]

Added another position of cmk

Gonna take a small gamble on hnd too. In at 7.57.

[skandalouz_08]

Originally posted by 997TT
I pay $$ for RT streamer on my bb. My company like every company I think monitors internet usage.
And b/c I'm a contractor I error on the side of caution and just pay the fees.

If ur on bbm I can give u updates like I do my buddies. Haha

I am on bbm pin:24A7109D , feel free to add me and keep me updated, I seem to be out of the office more than in the office lately. I might buy the RT streamer at some point considering I'm self-employed and not in the office 50% of the time. What RT streamer do you use?

[SilverRex]

heard there is a cycle low in the 3rd week or 4th week of Feb, so be cautious of the stock market until then, especially oil, gold and silver is coming down beautifully in this correction. if silver reaches around 23-24 it would be a great buying opportunity for the next wave up to 50 dollars an ounce. Keep in mind if silver breaks down below 22 dollars it could signal a bigger correction in the works and the current medium term bull market being over.

[mr2mike]

Originally posted by 997TT

Gonna take a small gamble on hnd too. In at 7.57.

I'm thinking this too. Finally out of HNU for a small profit (took forever, missed the last spike). I can see it pulling back hard into monday, just looking at the charts now.

[fluid]

man talk about waiting for a pullback, i cant believe US is still holding down

[max_boost]

Originally posted by SilverRex
heard there is a cycle low in the 3rd week or 4th week of Feb, so be cautious of the stock market until then, especially oil, gold and silver is coming down beautifully in this correction. if silver reaches around 23-24 it would be a great buying opportunity for the next wave up to 50 dollars an ounce. Keep in mind if silver breaks down below 22 dollars it could signal a bigger correction in the works and the current medium term bull market being over. :thumbsup:

[SilverRex]

NG having to push thru 4.5 three times in the last 2 months, the 4th one could be the breakout, critical support remains at 4.27 which means as long as we dont break below this, NG remains bullish imo, and is currently consolidating or coiling up for a breakout move.

[fluid]

hey sr you really think ng is still gunna break upwards? there is alot of it in canada, annd wouldnt you say its kinda late in the year now

[SilverRex]

Originally posted by fluid
hey sr you really think ng is still gunna break upwards? there is alot of it in canada, annd wouldnt you say its kinda late in the year now

i only go with what I see from a technical perspective, like I said if NG at 4.27 is broken, then that would kill any short term momentum, until then, the expectation remains up, but I do expect oil to retreat further in February, that could play a hand as to how NG reacts, so either its now or we the side way grind could continue onto march before NG breaks free from consolidation

[Hi-Psi]

Markets taking a beating today! WOOT WOOT!