Official Short-term Investments Thread

[Feruk]

Originally posted by e36bmw///
OMG another 40% drop for OPC

Result of buying a company that's been going broke for year.

[dawerks]

I lost 30% potential profit, but even I had to pitch it yesterday on a stop loss. I figured if it did the dead cat bounce it would be OK, but it hit .45 pretty fast and that's it for me.

I rode it from .485 all the way to .71 ish and back to .45

Despite best intentions, you still have to put in stop loses. I don't care when a stock is making money, just let'er run! But when it's dying, you have to have some discipline.

Gotta take the good with the bad I guess!

I'm sure everyone knows this, but, say you have a 10% loss. You must re-evaluate a loser and realize the stock needs to gain 20% to break even! Sell your losers, and let your winners run!

[skandalouz_08]

Very good advice and that's what I do now all the time. another good tip is to move your stop loss up to your breakeven point once you have a profit so even if it does drop down afterwards you have come out at breakeven.

[997TT]

i nvr posted this but i picked up SLG at $4.18 (i can provide screenshots max...haha)

only prob was i only threw $5k at it. fk...decided to take anotehr strategy which was to buy a small position, then buy twice as much at $4 and more at under $4.
of course the one stupid stock that goes up for me i take my smallest position in. lol

in HOD yesterday at 2200 @ $7.54... stop at $93.50 oil.
i will either make $700 or lsoe $700. haha

[Proyecto2000]

any one looking at Torex Gold symbol txg currently @ $1.49?

[997TT]

Dgc has been on a fkn tear since touching 23.2 a few days ago.

Had to avg down a few times and finally paying off.

[phillywu]

ah fricking nat gas. spiked this morning and got stopped out of my HND (with small gain) and now it goes back up (HND) fricking fml.

anyone got any other potash picks? looking for pullback in AAA but also looking for others. EPO.V anyone?

[93VR6]

I like epo.v, but I feel like the whole market is over valued right now.

[dawerks]

I had to buy back OPC and the dead cat bounce is ON!

But I will cash out at the slightest dip. I hate trading stocks, but this one OWES me.

[e36bmw///]

nm

[997TT]

anyone debating HNU?

i'm thinking picking up 1/3 position here at $6.43ish and add as it goes down.
winter storm in teh US has to have some impact on next weeks inv reports...hoping for bigger than expected draw.

per that chart, as it trades close to $6 its just a waiting game before it pops.

$6.40 isn't the greatest entry but who knows what happens tmw

[max_boost]

Originally posted by 997TT
i nvr posted this but i picked up SLG at $4.18 (i can provide screenshots max...haha)

only prob was i only threw $5k at it. fk...decided to take anotehr strategy which was to buy a small position, then buy twice as much at $4 and more at under $4.
of course the one stupid stock that goes up for me i take my smallest position in. lol

in HOD yesterday at 2200 @ $7.54... stop at $93.50 oil.
i will either make $700 or lsoe $700. haha

haha

I only like seeing screen shots of the monsters where it's like 500% returns.

Is it just me or the market is officially gone crazy?
14000 around the corner and time to go short! lol

[s_havinga]

Put in a buy on HND at $6.30 we'll see if it dips to that today.

[93VR6]

Bought into epo.vn today at 49.5 looking like a really nice decision, think it can break its 52 week high?

EDIT: NM 52 week high was like 2 weeks ago but I think it will still break it today.

[dawerks]

Fun day! After a 30% loss of 'profit's, I cashed out OPC for 50%

I would normally hold it, but I have lost faith in management. It's only short trades or flips from now on.

CRUS is crushing. And everything is basically green, even the banks!

Great day! Steady march to 15500 for sure.

maxboost; but, aren't you already short the market? :) Good work on AAA by the way! HOLD IT!! If you sell, sell enough to cover your capital costs only. But I say wait till it's a multi bagger before taking profits.

[mr2mike]

In on HND and HOD... I'm done with that hnu crap.
Good luck if you make some cash on decent draw downs with these winter storms. There has been day after day of storms to the east and nothing but mild returns.

Drilling season is super busy with so much ng soon to come on. I can't see ng going up. IMO.

[max_boost]

Originally posted by dawerks
Fun day! After a 30% loss of 'profit's, I cashed out OPC for 50%

I would normally hold it, but I have lost faith in management. It's only short trades or flips from now on.

CRUS is crushing. And everything is basically green, even the banks!

Great day! Steady march to 15500 for sure.

maxboost; but, aren't you already short the market? :) Good work on AAA by the way! HOLD IT!! If you sell, sell enough to cover your capital costs only. But I say wait till it's a multi bagger before taking profits.

15,500! :eek:

And then the bubble bursts? :devil:

AAA could be a real gem if this keeps up. :D

[e36bmw///]

nm

[DUBBED]

I was looking at two stocks on Jan 1. One of them was PPI, I bought the other.

sucked watching that one pop today...

[Neil4Speed]

Originally posted by Proyecto2000


I'm down 92%, good bye hard earned cash :(

I am choked to hear about that, win some loose some right?

Were you able to sell when it gained some ground yesterday?

[s_havinga]

You guys think AAA is still worth getting into?

[997TT]

tehre goes oil.... 7.71 x 7.72 HOD

BAM

tank you pos...tank

[SilverRex]

gold/silver on the verge of a bullish continuation pattern if gold can sustain above 134x, momentum will be killed if below 1324

silver, suggesting 26.50 was a good base so far is paying off, if your risk taker, move your stops to zero and see how high she goes, we could potentially see 31 again if not higher.

I still however have 22 and 25 in the back of my mind as ultimate good entry shall silver enters a steep correction.

[cidley69]

Does anyone know why oil prices aren't spiking upward?

Every news broadcast talks about oil price going up due to the turmoil on Egypt affecting flow of oil through the Suez Canal, and the possibility the turmoil will spread to other major oil producing countries in the middle east.

Yet the price is staying relatively flat. What gives?

[SilverRex]

Originally posted by cidley69
Does anyone know why oil prices aren't spiking upward?

Every news broadcast talks about oil price going up due to the turmoil on Egypt affecting flow of oil through the Suez Canal, and the possibility the turmoil will spread to other major oil producing countries in the middle east.

Yet the price is staying relatively flat. What gives?

one reason could be timing, cycle low suggest 3rd and 4th week of feb before certain sector start to take off until mid year. oil falls into one of those cycles.

[dawerks]

Anyone else buy CRUS a while back? It's giving a nice 4-5% every day.

[mr2mike]

Originally posted by cidley69
Does anyone know why oil prices aren't spiking upward?

Every news broadcast talks about oil price going up due to the turmoil on Egypt affecting flow of oil through the Suez Canal, and the possibility the turmoil will spread to other major oil producing countries in the middle east.

Yet the price is staying relatively flat. What gives?

Market has already got this factored into the price. It was over zealous on the price gain and now it's correcting?:dunno:
Also what SR said.

[icky2unk]

anyone on TBE?

[dawerks]

What's with the insane run it's having?

[Hi-Psi]

TBE - I have been watching it for quite some time and was supposed to buy at $1.68 and missed a big jump of like 20% and decided to hold off hoping for a correction but it hasn't done any sort of correction since and have watched it climb everyday since.

It's up over 65% now from when I wanted to buy it.... Kicking myself daily over that one.

[dawerks]

Every trade I've made has been 'wrong' Not one perfect trade. Either bought too early, or too late. Sold too early, held on too long etc etc. SHORTING, don't even get me started on Shorting. Basically I'm done shorting :) I will never short again, learned my lesson. Pain!

I've been basically been 'awesome' at everything in life, except this thing KICKS MY ASS EVERYDAY!

Everyday I make a mistake, but damn, isn't it the best game in life?? There is always someone better. ALWAYS! I love that too.

:)

Where else can you be humbled on a daily/hourly basis? :) I say take that humbling experience and use it. I think it has made me a better person/dad/husband, but I'm still a jerk sometimes. Just imagine If I wasn't so humble!!

[5.0]

Bought it into AAA @1.80, slow day but hopefully it keeps going next week. We will see.

[DRKM]

Originally posted by cidley69
Does anyone know why oil prices aren't spiking upward?

Every news broadcast talks about oil price going up due to the turmoil on Egypt affecting flow of oil through the Suez Canal, and the possibility the turmoil will spread to other major oil producing countries in the middle east.

Yet the price is staying relatively flat. What gives?

I find when betting on news they are generally quick forgetful hysterical moves. Think Nigeria bombing pipelines, eupoean debt crisis, ect.

[dawerks]

The stock market does the opposite of what the obvious move is. Unless it doesn't.

[Proyecto2000]

Originally posted by Neil4Speed


I am choked to hear about that, win some loose some right?

Were you able to sell when it gained some ground yesterday?

Not going to bother selling it now, it might as well go down to $0.00. I have been holding it for close to a year and a half and I had my chance to get out when it was hanging around the $4.xx range and then around $1.xx.

I was thinking of contacting my broker and requesting physical share certificates to frame as my worst purchase ever. This one tops my HOD diaster of 2 years ago
:facepalm:

[Sugarphreak]

...

[Neil4Speed]

Originally posted by Sugarphreak



Nexen looks good to me right now, I picked up quite a bit of it today.

I am still waiting for Suncor to correct in price to below 38 before I get back into it.

Thats a good idea on SU, I actually doubled up on it yesterday when it dipped which I regret now. Its undervalued in comparison to its peers.

I think the dip in Oil/Oil stocks was probably a correction from the news madness of the past week, people are trying to walk with their profits. Oil Inventory is massive right now.


Originally posted by DRKM


I find when betting on news they are generally quick forgetful hysterical moves. Think Nigeria bombing pipelines, eupoean debt crisis, ect.

Definitely, a good example is CNQ. Why is CNQ high flying the way it is given their horizon problems? I know it only accounts for 16% of production, but I would have expected more of a market reaction. Hello? Your fucking coker exploded into a ball of flame.

Disclosure: I got tooled on CNQ when the planet exploded, and panic sold 5% down only to see it rise up a fair bit in the last bit. :rolleyes:

[e36bmw///]

nm

[max_boost]

Oh baby. I love you AAA.

Don't disappoint me. I want to see $5 and then a buyout. I want a 10 bagger on this mofo. :rofl:

[phillywu]

man fricking AAA when will this pull back come!?!? don't want to chase an uptrend but also dont want to watch it go like SKO from 80 cents to 3 !

in on HNU - gamble.

[93VR6]

HNU is a heck of a gamble.

Thinking about getting some ford, hold for about 2-3 weeks, back up to 18 or so within that time, maybe?

[Speed_69]

So tempted to jump into HNU now after todays loss but worried it's only going to drop further down. Will we see a all time low soon??

[SilverRex]

hnu or NG has taken out a key support of 4.27 as well as 5.83 on UNG, short term continues to look weak, Expect a new trend to emerge only if it can re-close above those area, as I said before we are expecting oil to hit a cycle low sometime 3rd week or 4th week of February, it could very well drag NG down and both may not beginning a new rise until late feb or into march. Thats where I will place my bet in the energy sector for the next few months after.

gold/silver is performing perfectly, after calling a bottom at 26.50, the expectation that it will at least revisit 31 is nearly complete. however we could run into a wall with next key resistance for gold to be at 136x, closing above 1370 would give us further fuel to rise in metals, a close below 1345 would begging to look weak once again

for TSX I feel a correction is needed, based on wave count if we have a 5 wave leading us from 74xx to 138xx, it would be a very good entry/correction to see price test between 11179 and 12321 so crossing my fingers and see if we will see those numbers

[max_boost]

Originally posted by SilverRex

for TSX I feel a correction is needed, based on wave count if we have a 5 wave leading us from 74xx to 138xx, it would be a very good entry/correction to see price test between 11179 and 12321 so crossing my fingers and see if we will see those numbers

In May? Is that the end of QE2.

Same thing as last year? >1000pt drop before rallying in the summer?

:D

[DUBBED]

I just got in EPO/PPI. They've been on huge runs lately due to the price of potash, I'm still expecting a nice pop in both once they release their 43-101. Perhaps a 2010 buyout for both if potash prices keep moving up.

I really like EPO, proximity to BHP/Agrium/Potash Corp increases chance of buyout...

[997TT]

man i should've kept HZU... rofl.
FK

[max_boost]

Gonna gamble on Teck for 400 shares as they are reporting after hours. Huge run up on commodity prices I'm hoping they destroy estimates. Ahhh

14000 right around the corner. :eek: :nut:

[max_boost]

Shit. Teck misses lol

Will see what effect this has on stock prices tmr lol

[Hi-Psi]

Not looking good for Teck...

[mr2mike]

Thanks again for your analyses, SR.
Even with no charts, it's still a good out look.

Even with Egypt, people are saying it won't effect oil prices. However, this is fundamentally speaking. If you go on emotion, it could still have an impact.

The DOB is saying Oil Well Permits are up 80% in AB from last year.

[dawerks]

Thanks for the PPI pick Dubbed! :)

I hate buying these type of no earning, micro stocks, but hey, I guess this ole dude has to learn a few new tricks.

PPI has a vicious move up at the end of the day, and probably a fat gap up tomorrow.

[gyu]

Is it too late to jump into EPO or PPI? Should I wait and see if it would go back down a bit first?

[SkittleFreak]

That's what i'm sitting at as well, same with AAA or PYN

[aklalani]

Originally posted by dawerks
Thanks for the PPI pick Dubbed! :)

I hate buying these type of no earning, micro stocks, but hey, I guess this ole dude has to learn a few new tricks.

PPI has a vicious move up at the end of the day, and probably a fat gap up tomorrow.

what an open for ppi. wow

[DUBBED]

There are two stories that can play out with PPI/EPO, both based on low gas prices and high corn/potash prices. If demand from china wakes up we're off to $1000/tonne levels of mid 2008.

Story #1: The big co's with excess cash from huge sales go on a buying spree after the junior take all the risk of establishing reserves. At these prices, those reserves will come at a premium.

Story #2: At these prices, nevermind increasing demand from china, it would be economic for five of us to grab some shovels and start digging for this shit. It will take five years for these companies to reach production, provided pricing remains strong it will be feasible.


Either way, the reserve reports that these two companies are about to publish will possible be the most major catalyst in the stock's lifecycle. Market is certainly treating it that way at least.

Kicking myself for not getting in PPI at $0.28 back in early january when I first saw it.

[dawerks]

Next time you are 'thinking' of getting into a stock, PM me or post up here please! :)

We will do some DD, but these little stocks don't really show much news, or material to do some research (that's why I hesitate so much to buy them).

Edit; PPI has gone vertical. Thanks again Dubbed!

[DUBBED]

14M shares on EPO this morning, perhaps some big players taking position?

[aklalani]

anyone watching AAA.V

WTF!?!?

[93VR6]

Originally posted by aklalani
anyone watching AAA.V

WTF!?!?


HOLY WTF INDEED!?

[skandalouz_08]

With a chart like that there is bound to be profit taking this morning.

[93VR6]

Haha just got in and out in about 30 seconds making $300.

Can someone smart please explain what happened just now?

[aklalani]

Originally posted by 93VR6



HOLY WTF INDEED!?

Just saw it drop 50% to $1.30 and now its back up to $2.10. Thought my webbroker was wrong. Lol

[in*10*se]

and there is aaa.v's sell off.

[DUBBED]

Was there a holding period that expired today or something?

[dawerks]

One of the dangers of putting in electronic stops. Hopefully anyone in AAA didn't have these stops in otherwise you just got robbed.

I'm out of PPI with a 47% gain.

[93VR6]

Good time to get into aaa then? 1.77ish?

[skandalouz_08]

Seems like it, but I'm too chicken shit to buy now. Did buy into epo, but way too early.

[max_boost]

Count my blessing. I had a sell on stop at $2.20 for AAA and it was triggered. But damn what caused that huge sell off and then bounce back? :nut:

Don't know what to do about Teck. :facepalm: :thumbsdow

Should have went for Agrium instead as they killed it.

[93VR6]

^ lucky guy, looks like it's stabilizing, ask and bid volumes are way down so i'm in.

[DUBBED]

Looks like some shareholder may have taken offence to liberty exercising at $1.50, decided to take profit and get out. My only guess....

[93VR6]

Originally posted by DUBBED
Looks like some shareholder may have taken offence to liberty exercising at $1.50, decided to take profit and get out. My only guess....


who/what is liberty? and why did they sell at 1.50?

[max_boost]

Originally posted by 93VR6
^ lucky guy, looks like it's stabilizing, ask and bid volumes are way down so i'm in.

I've been moving my stops as the share price keeps climbing.

I'm debating right now. :dunno:

[DUBBED]

"Allana Potash Corp. (TSX VENTURE:AAA) ("Allana" or "the Company"), is pleased to announce that Liberty Metals & Mining Holdings, LLC ("LMM"), a subsidiary of Liberty Mutual Group and the Company's largest shareholder, has elected to exercise its participation rights in connection with the Company's previously announced brokered private placement for proceeds of up to $32,085,000 (including exercise in full of the over-allotment option) (See Allana news release dated February 4, 2011).

In order to maintain its 16.27% ownership in the Company, LMM has agreed to purchase up to 4,022,748 common shares (the "Common Shares") of the Company on a non-brokered basis at a purchase price of $1.55 per Common Share for total gross proceeds $6,235,259.40 (the "Financing")."

Press released yesterday...

[gyu]

What's up with EPO?? And which would be safer to get into PPI at this point?

[DUBBED]

Niether is particularly safe until reserve reports are published and the underlying value of these companies are established. Until then I would consider both highly speculative with the potential to lose everything.

That being said, the upside on both is huge right now given the current market conditions. I'm holding out until those reserve reports are public, and will likely unload before the holding periods on private placements/bought deals expire in april/june.

[max_boost]

AAA is ridiculous.

Bought back in and up 10% again. What's tomorrow going to bring? :nut:

[dawerks]

maxboost; Today is a perfect example of what I was talking about HIX. The TSX is down .8% and S&P down a bit, but HIX is also down?

Is there a better TSX inverse?

[max_boost]

Originally posted by dawerks
maxboost; Today is a perfect example of what I was talking about HIX. The TSX is down .8% and S&P down a bit, but HIX is also down?

Is there a better TSX inverse?

HIX is up.

HIX +0.07 at $10.36 (+.68%)

It's the only TSX60 single inverse I know of.

Or if you want to leverage, HXD. I've been caught going the wrong way a few times so I just prefer the non leverage ones.

[DUBBED]

How tight do you guys set your stops on these volatile juniors? After today's shit show I want to put some limits on some things, was thinking 5% to give room for some volatility.

[TheRealTimHorton]

Does the prices of potash fundamentally change the value of companies that aren't producing any revenue yet?

I can see the likes of IPI and POT getting big boosts. How come nobody is buying them instead?

Cheers

[997TT]

AAA gets fat fingered

There was apparently a fat finger trade on AAA today that momentarily sent the shares down to $1.30. All trades done below $1.76 and before 11:31 were apparently cancelled. I think reaction in the immediate aftermath was investors taking an opportunity to take profits on uncertainty. I have seen no other news, but will keep you updated if I do.

Got this from my broker. Man I had the buy screen up on 10k at $1.75. Then is jumped to $1.78 and decided I wasn't prepared to lose so bailed.

Glad I missed out. Lol
I'm prob the worse trader on this board.

[gyu]

Originally posted by DUBBED
Niether is particularly safe until reserve reports are published and the underlying value of these companies are established. Until then I would consider both highly speculative with the potential to lose everything.

That being said, the upside on both is huge right now given the current market conditions. I'm holding out until those reserve reports are public, and will likely unload before the holding periods on private placements/bought deals expire in april/june.
Any chance ppi will hit $2 like AAA?

[DUBBED]

There a chance it could hit $5, theres a chance it could hit $0. Welcome to the stock market...

[gyu]

Well of course...

[troyl]

Originally posted by max_boost
Count my blessing. I had a sell on stop at $2.20 for AAA and it was triggered. But damn what caused that huge sell off and then bounce back? :nut:

Don't know what to do about Teck. :facepalm: :thumbsdow

Should have went for Agrium instead as they killed it.

Did you set your stop last night before open? Or did you throw it in this morning. Surprised you set it so close, or were you ready to take profit?



I heard there was a rumor that was going around that Ethiopia was going to take AAA's property. Pretty sure those trades wont get reversed. Can someone please confirm?

[93VR6]

Originally posted by troyl


Did you set your stop last night before open? Or did you throw it in this morning. Surprised you set it so close, or were you ready to take profit?



I heard there was a rumor that was going around that Ethiopia was going to take AAA's property. Pretty sure those trades wont get reversed. Can someone please confirm?

Press release for the trades in question.

ORONTO, ONTARIO -- (Marketwire) -- 02/09/11 -- Allana Potash Corp. (TSX VENTURE:AAA) ("Allana" or "the Company"), announces that the Investment Industry Regulatory Organization of Canada ("IIROC"), the regulation services provider of the TSX Venture Exchange, has ruled that all trades in the common shares of Allana that took place between 11:26:27 a.m. and 11:31:50 a.m. on February 9, 2011 at prices below CAD $1.76 per share will be re-priced to CAD $1.76 per share. The ruling is being made by IIROC on the basis that the trades were unreasonable.

[troyl]

^Thanks, guess i should have read the nr's :banghead:

[93VR6]

Originally posted by troyl
^Thanks, guess i should have read the nr's :banghead:

Haha np, any more information about the land being taken rumor or is it just that?

[mr2mike]

Originally posted by 997TT
I'm prob the worse trader on this board.

Nope, just beyond is full of ballers that never make a wrong trade according to their posts. They're all Freedom 25'ers, naturally.

[997TT]

Hahaha. Nice

PPI and HNU getting demolished. Man I'm itching to play something volatile but I will almost for certain lose $$$ haha

[mr2mike]

Ya don't buy HND... I'm doing well since I bought it, I don't need it turning around. ;) jk

[max_boost]

Originally posted by troyl


Did you set your stop last night before open? Or did you throw it in this morning. Surprised you set it so close, or were you ready to take profit?



I heard there was a rumor that was going around that Ethiopia was going to take AAA's property. Pretty sure those trades wont get reversed. Can someone please confirm?



When I'm up on a stock I always move my stops up to lock in profit. I set it and change it throughout the day lol it's very emotional when it comes to taking profits. $2.20 isn't that close as the day high was $2.43 when it opened.

The thing with the venture stocks, hope for the best but prepare for the worst lol

[max_boost]

Originally posted by mr2mike


Nope, just beyond is full of ballers that never make a wrong trade according to their posts. They're all Freedom 25'ers, naturally.

haha

I just rather talk about my gainers than losers :D

[max_boost]

CEO of AAA was just on BNN. Going to check the site later for the video. You guys too if you are still interested in the stock. :D

[997TT]

Taking a shot on Hod
2200 @ 8.07

[93VR6]

Bought in to ppi just now, [email protected] fingers crossed it wont go back to 1.20 territory today or ever.

Edit: resistance for aaa at around 1.98 or so, buy?

[997TT]

Bought NKO. Looks oversold to me.
In at $79.62

[djayz]

Damn it's been so long since I've seen action on the stuff I've been holding. Unloaded so much stuff today.

TET is on a tear, sold out too early at 17.65 :barf:

[mr2mike]

Originally posted by 997TT
Taking a shot on Hod
2200 @ 8.07

I'm in this too... doesn't seem as volitile as hnd, but it'll interesting to see what happens with Egypt's President to step down tonight and reading OPEC raising oil output because of the $100 oil.

[Seanith]

I'm getting fisted in the ass on HNU. Anyone have any bright outlook for NG tomorrow? I'm going to try and cut my losses but is there any potential for gains? lol