Official Short-term Investments Thread

[quick_scar]

I'm in IT and running their stuff at home. It's a pretty well kept secret. :)

[quick_scar]

Double post

[-relk-]

WTF BB :dunno:

Up around 22% in the past couple of days

[you&me]

Originally posted by -relk-
WTF BB :dunno:

Up around 22% in the past couple of days


Have you missed all the purchase / buy out talk?

I heard something this morning that CIBC thinks it's worth $20...

[mac_82]

Hmmm I've seen $14-15 estimates, $20 sounds a bit high to me, but what do I know.

Anything over $16 and I'll be pretty happy.

[-relk-]

Originally posted by you&me



Have you missed all the purchase / buy out talk?

I heard something this morning that CIBC thinks it's worth $20...
Can't say I am very experienced with this stuff, so yes I have missed all those talks.

[Sugarphreak]

...

[icky2unk]

Originally posted by -relk-

Can't say I am very experienced with this stuff, so yes I have missed all those talks.

First big jump was rumors of BlackBerry considering going Private.

Second big jump was BlackBerry forming a special committee and openly saying they are open to doing anything..Joint Venture, Merge, Sale, Give to me

Third big jump is today which is speculation that Fairfax wants to find partners to take it Private.

[sabad66]

Originally posted by Perceptionist
Anyone else still in NFK or DXE and waiting on the test results from the first well? Just curious what expectations are if they hit and what if any stop losses people are putting on with the upcoming news release.
yep, still waiting though. no stop losses for me because it's really easy for small caps like these to be manipulated if it is another vague NR (I think that's what happened a few weeks ago when it crashed down to 2.5c).

I have been reading that it should easily make it up to about $1.00 if it ends up being a 2000 barrel/day well. I have high hopes with my 45k shares! I would probably pick up another 20k if I had some extra money right now too.

[icky2unk]

SEDAR released TBE Q2 earnings ahead of the bell at 3:36 ET. Randomly came accross it while browsing so took a quick read, liked what I saw and took advantage hah.

Quick 4 percent gain.

[ZenOps]

For the first time in about 40 years, the Rupee looks like it might be worth getting. The Rupee being on a constant devaluation for my entire lifetime.

INRUSD, Either the Rupee is going die a painful death (very possible) or its going to have to recover soon (and by soon, I mean within the year)

I can imagine that if this trend continues, the normally peaceful India-ns will be like Egypt.

[roopi]

Originally posted by Feruk
Whose still chasing NVS? Nice rally yesterday. Been day trading this one for a bit now but the last few days have been great on this volume.

You still hanging on to this? Results looked decent. Should be better next Q once the wells are tied in. It was nice to see that there was a confirmation of negotiations still going on regarding a sale. I'm going to wait this one out even though I'm tempted to sell a bit.

[borN]

Originally posted by roopi


You still hanging on to this? Results looked decent. Should be better next Q once the wells are tied in. It was nice to see that there was a confirmation of negotiations still going on regarding a sale. I'm going to wait this one out even though I'm tempted to sell a bit.

Results were actually not so hot. Miss on consensus production and cash flow. The only positive is that they've confirmed exclusive negotiations, which is probably the sole reason as to why the stock is up. I personally would hold onto it as well though - someone needs to scoop it up.

[Sugarphreak]

...

[roopi]

Some overseas news regarding a NVS buyout. I don't see anything from NVS though. Maybe tomorrow?

It's the 5th paragraph down:

http://www.reuters.com/article/2013/08/28/press-digest-hongkong-idUSL4N0GT0DF20130828

[sabad66]

Hmmm... current market cap is 160M. Would they really offer a 3x premium?!?

Definitely wouldn't complain if it's true :bigpimp:

[roopi]

Originally posted by sabad66
Hmmm... current market cap is 160M. Would they really offer a 3x premium?!?

Definitely wouldn't complain if it's true :bigpimp:

It really does seem like a high offer. Hope it's true but not getting excited until we see some news from NVS.

[sabad66]

Also, Yanchang is currently halted on the hong kong stock exchange. if you use chrome (for translation), go to the hong kong economic times and look at the news feed... says someone leaked insider info so that's why it's halted.

EDIT: this link should work http://translate.googleusercontent.com/translate_c?depth=1&hl=en&prev=/search%3Fq%3Dhong%2Bkong%2Beconomic%2Btimes%26safe%3Doff&rurl=translate.google.ca&sl=zh-TW&u=http://www.hket.com/eti/inews/content/105327&usg=ALkJrhh-gNlNLzj2Vllc3QvZUzF98rnezg

EDIT2: also this one..not sure how well translate works, but it says 'companies', so maybe 500M for Novus + others? http://translate.googleusercontent.com/translate_c?depth=1&hl=en&prev=/search%3Fq%3Dhong%2Bkong%2Beconomic%2Btimes%26safe%3Doff&rurl=translate.google.ca&sl=zh-TW&u=http://www.hket.com/eti/inews/content/105200/009&usg=ALkJrhi-HymaGfIQvySMdvBc1as-UrfUaA

[roopi]

NVS now halted pending news...

[sabad66]

Anyone else cash in on the Nokia sale today? Was a nice surprise to wake up to :D

[sabad66]

Finally an answer on NVS. $1.18. Not quite the $2+ that was speculated from that bullshit article, but I'll take it :)

http://www.theglobeandmail.com/globe-investor/news-sources/?date=+20130903&archive=cnw&slug=C9984

I wonder how long it will take to close/see the cash in our accounts?

[themack89]

Originally posted by sabad66
Anyone else cash in on the Nokia sale today? Was a nice surprise to wake up to :D

I don't think many people did.

You would have had to buy in a very short time frame to make money on that, like between April 2012 and yesterday or during the 90's. Even then, having the stomach to hold it as it dropped to reeeaallly low levels.

So, if you did make bank on it... Then you should be jumping for joy even more than you already are. :thumbsup: I couldn't have done it.

[Feruk]

Originally posted by sabad66
Finally an answer on NVS. $1.18. Not quite the $2+ that was speculated from that bullshit article, but I'll take it :)

http://www.theglobeandmail.com/globe-investor/news-sources/?date=+20130903&archive=cnw&slug=C9984

I wonder how long it will take to close/see the cash in our accounts?
It won't close till end of December as per press release. Why bother holding it? Buy on speculation, sell on news. If it gets to $1.15 tomorrow, I'm out. Very disappointing deal. Company has been nothing but a value trap for years despite pretty decent assets, and can't even get sold for 1P value.

[davidI]

Originally posted by Feruk

It won't close till end of December as per press release. Why bother holding it? Buy on speculation, sell on news. If it gets to $1.15 tomorrow, I'm out. Very disappointing deal. Company has been nothing but a value trap for years despite pretty decent assets, and can't even get sold for 1P value.

I'm disappointed as I held a decent position at an average cost below $.80 for quite a while in my TFSA and eventually had to get rid of it at a slight loss since I was going non-resident. Would have been a nice ~50% tax free gain if I'd been able to hold!

[davidI]

edit: double post.

[msommers]

My bid/ask for NVS.V says 0.95 still @7:10am. @8:04am it's 1.10.

Anyways what happened to UBNT? I sold it at 37.xx thankfully but it's way down now. Haven't heard any news, what's causing it?

[roopi]

Originally posted by Feruk

It won't close till end of December as per press release. Why bother holding it? Buy on speculation, sell on news. If it gets to $1.15 tomorrow, I'm out. Very disappointing deal. Company has been nothing but a value trap for years despite pretty decent assets, and can't even get sold for 1P value.

:banghead: Too much money tied up for too long on this one for me as well for $1.18. I was looking for $1.40. Not going to complain about a profit though. On to the next one.

[Rat Fink]

.

[AudiPWR]

Just picked up a shit load of PetroAmerica PTA.V.

I have a good feeling this stock is going to be a 4-5 banger within the next couple of months..

Volume went from 200k to 1.3mil in a day..

[quick_scar]

Originally posted by msommers

Anyways what happened to UBNT? I sold it at 37.xx thankfully but it's way down now. Haven't heard any news, what's causing it?

Lockup expired. Bunch of employees cashing in. I sold before I went on vacation in case there was some correction after the initial jump.

The company should be trading around where it is ($33-$34). If they come out with any good supply chain news, expect another jump.

[liquid1010]

Anyone notice the massive open interest for PUT options on TSLA? For Dec 21 expiries @ $60, and for Jan 18 @$40

Bear Spread.....

[Akumaz]

TBE? whats going on with them?
why such huge volume and upswing all of a sudden?

[icky2unk]

http://podcast.newswire.ca/media/twinbutte20130910.mp3

Presentation yesterday might have something to do with it.

Quick Sum:
1) dividend absolutely sustainable within cash flow
2) happy not to benefit immediately from wti being up, prefering security of hedging and expecting gradual differential improvements with Keystone XL, rail, etc.
3) Interesting discussion of how small improvements in recovery rates can strongly leverage the value of what's under the land package
4) Simple horizontal drilling is improving recovery factors, with little technical risk
5) Initial results at Wildmere appear solid

Edit:

13 cents holy crap.

[Akumaz]

Originally posted by icky2unk
http://podcast.newswire.ca/media/twinbutte20130910.mp3

Presentation yesterday might have something to do with it.

Quick Sum:
1) dividend absolutely sustainable within cash flow
2) happy not to benefit immediately from wti being up, prefering security of hedging and expecting gradual differential improvements with Keystone XL, rail, etc.
3) Interesting discussion of how small improvements in recovery rates can strongly leverage the value of what's under the land package
4) Simple horizontal drilling is improving recovery factors, with little technical risk
5) Initial results at Wildmere appear solid

i read on that presentation yesterday, though it could have had something to do with it, not sure if it caused that sudden spike

i thought maybe there was some acquisition or take over news
either way, i got out of it, for a small gain, after the last huge dip to 1.6 ish,
just glad to be out

[icky2unk]

Originally posted by Akumaz


i read on that presentation yesterday, though it could have had something to do with it, not sure if it caused that sudden spike

i thought maybe there was some acquisition or take over news
either way, i got out of it, for a small gain, after the last huge dip to 1.6 ish,
just glad to be out

I think they just reaffirmed they are okay. Which is fine in my books.

Company is back on it's way up.

[AudiPWR]

Whats everyones current porfolios looking like?

I got;

BMO - Bank Of Montreal
SU - Suncor
CNE - Canacol
TAO - TAG OIL (Selling very soon)
PTA.V - PetroAmerica
SGY - Surge Energy
COP - ConocoPhillips
TOU - Tourmaline
MFC.PR.E - Manulife Financial
TCA.PR.X - TransCanada
TBE - Twin Butte
PPY - Painted Pony

Currently up 180% overall.

You can tell I'm quite bullish on energy...

[PeterGTiR]

How do we feel about TTWO on Monday?

They're releasing Grand Theft Auto V on Tuesday and they can only recognize revenues once they deliver the product. Or is there a consensus that the increased revenues are already built into the share price?

[oogaboogie]

I got:

NCI - NTG Clarity Networks Inc
CVN - Cavan Ventures Inc
DAP.U - XPEL Technologies Corp
ZMS - Zecotek Photonics Inc

All on the TSX Venture exchange

[Sugarphreak]

...

[icky2unk]

Originally posted by AudiPWR
Whats everyones current porfolios looking like?

I got;

BMO - Bank Of Montreal
SU - Suncor
CNE - Canacol
TAO - TAG OIL (Selling very soon)
PTA.V - PetroAmerica
SGY - Surge Energy
COP - ConocoPhillips
TOU - Tourmaline
MFC.PR.E - Manulife Financial
TCA.PR.X - TransCanada
TBE - Twin Butte
PPY - Painted Pony

Currently up 180% overall.

You can tell I'm quite bullish on energy...

I've got a couple of yours hah.

Currently:
TBE - Twin Butte
TOU - Tourmaline
WCP - Whitecap Resources
LW - Leisureworld (Random pick)
VCP - Vanguard S&P 500
KEY - KEYera
AXY - Alterra Power

Looking Into:
AD - Alaris Royalty Corp
ALA - Altagas

[Feruk]

My portfolio is very different. I invest everything myself, so I don't take as much risk as some of the above. Learned the hard way how easy losing money is. Why I own a lot of positions, mostly I'm in big ETFs. Here's a breakdown:

CORE (this is about 70% of my holdings):
XIC - big position
CWW - global water ETF. Pricy but long term I think this might be great.
XBB
CHB
BMO
BNS
CIBC
TD
VWO.US - big position
VTI. US - by FAR my biggest position


PLAY:
AGNC.US - bad start, I know
NVS - I've day traded this one since Jan, waiting for it to get closer to $1.18 to sell.
SPP
TCAP.US
EDV - my worst investment of all time
S - up there for terrible investments
TBE - like everyone else it seems
WY.US

Investment portfolio I have with a friend. The last year has been EPIC:
MG
ARLP.US
JPM.US
CFN
MFC
NIF.UN

Overall I'm in the money on all but 7 of these. I think I will make my money back over time on all these except EDV and possibly S.

[AudiPWR]

Looks like everyone has pretty unique portfolios! A lot of good picks on some of them that I am now considering picking up.

On a side note, everything is up niceky after the announcement that there will be no cuts to fed spending. Gold stocks went up huge, a friend advised me to buy options on ABX today.. Should of listened.

[CapnCrunch]

Originally posted by AudiPWR
Looks like everyone has pretty unique portfolios! A lot of good picks on some of them that I am now considering picking up.

On a side note, everything is up niceky after the announcement that there will be no cuts to fed spending. Gold stocks went up huge, a friend advised me to buy options on ABX today.. Should of listened.

Shit, first day ever that everything I own is up!!

[davidI]

The Fed controls whether a portfolio will be profitable or not though. The magic of stock picking is dead until they stop manipulating the market!

[CapnCrunch]

I expect tapering to create some temporary bargains. I'll be saving so when they do, I'll have a fist full of cash.

[roopi]

Ugly afternoon for BB. Not sure why they would resume trading after putting that out. Should have left it till Monday.

Hopefully no one is holding this right now.

[mac_82]

With BB in the $8.60 range, what are buyout estimates now at? I know initially they were in the $15 range, but with a lack of buyers, or people picking at the pieces is there any money to be made getting in at $8?

[icky2unk]

^ Was thinking of that too.

Tough call right now

[asp integra]

i only have around 200 BB shares but it still sucks, should have sold 3 months ago when they were around $16.

[davidI]

Originally posted by mac_82
With BB in the $8.60 range, what are buyout estimates now at? I know initially they were in the $15 range, but with a lack of buyers, or people picking at the pieces is there any money to be made getting in at $8?

I've never really followed BB but I seem to recall hearing of valuations in the $3-4 billion range if you're just talking about their business minus cash. That was a while ago. Given the lack of interested in buying the company as a whole, and with all the money pissed away on BB10 and this $1 billion loss hanging over their heads, I'd imagine they'll break it all up for $2-3 billion and if they stop bleeding their nearly $3 billion in cash that puts you in the $8-10 range.

Very general, uneducated guess though. I'm sure if you do a bit of research you'll find some analyst valuations with better numbers put to it.

My thought is that there may be a bit of money to be made here but it's probably not worth the risk. Now that they've been up for sale and no one has expressed interest in the company as a whole, my guess is a PE firm gets with a pension plan, buys them out, breaks the company up, and profits from the sell off. Arguably, this should have been done a long time ago.

Problem with the Management / Board is that they're emotionally tied to BB as a company. BBs failure is their failure and it's not easy to just can the entire work force and begin selling off patent portfolios.

[davidI]

Just read on CNBC that one analyst thinks the IP is worth $5-6 billion. With the $2-3 cash that gives the company a market cap in the $7-9 billion range or $13-17.

That's decent upside...question is if you believe the IP is worth $5-6 billion. My thought is that it isn't, but I'm not a tech guy so there are probably better opinions to be sought.

[Feruk]

I don't invest in phone companies at all (except whatever ETFs hold), but it seems they come and go like fads. If you have a good product, you're it for now. I just got a new BB10 from work, and it's pretty clear to see it's not as good as the Samsung competition. BB hasn't made a good product in 5 years, which in this space makes them uninvestable for me.

[BigMass]

http://forums.beyond.ca/st/374723/blackberry-sells-for-4-7b/

[e36bmw///]

changed

[davidI]

Originally posted by davidI

I'd imagine they'll break it all up for $2-3 billion and if they stop bleeding their nearly $3 billion in cash that puts you in the $8-10 range.


$9 you say? Nailed it!!

Lucky guess :rofl:

[Sugarphreak]

...

[davidI]

Originally posted by davidI

Now that they've been up for sale and no one has expressed interest in the company as a whole, my guess is a PE firm gets with a pension plan, buys them out, breaks the company up, and profits from the sell off.

http://business.financialpost.com/2013/09/25/blackberry-ltd-ontario-teachers-aimco-fairfax-pension-funds/?__lsa=c496-abb9

Nailed it! :rofl:

[themack89]

Originally posted by Sugarphreak


Looking back at my comments about BB are hilarious :rofl:

However it does hold true. When I wrote this, BB was sitting at around 14$... their market share went down from 2% to 1.3% since then. which if you look at their stock price is EXACTLY the same percentage the stock has lost.

Market share depends on how you define the market though....

[Sugarphreak]

...

[Sugarphreak]

...

[KappaSigma]

Talisman up on huge volume....my guess is news of a JV for their Duvernay.

[oogaboogie]

Originally posted by KappaSigma
Talisman up on huge volume....my guess is news of a JV for their Duvernay.

Looks like it was Carl Icahn buying up shares...

http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/icahn-tweets-position-in-talisman/article14731378/

[sabad66]

Nfk up 30% today with 3x normal volume... news coming I think! Hope it's good :D

[bmeier]

Nfk news out and it looks good, might be last chance to get shares for cheap.

Fingers crossed let's see this blow up!

[icky2unk]

TBE Bought some assets and are doing a subscription financing.

http://www.newswire.ca/en/story/1239719/twin-butte-energy-to-acquire-private-oil-producer-and-proceed-with-70-million-bought-deal-financing

Good acquisition in my opinion

[Feruk]

Fantastic acquisition for TBE. 97% oil, increase in company netbacks, lowers company payout ratio to 90%, and they got it for cheap. I'm impressed despite still being under water on these guys.

[Rat Fink]

.

[GotRice?]

Originally posted by bmeier
Nfk news out and it looks good, might be last chance to get shares for cheap.

Fingers crossed let's see this blow up!

It just blew up.

[bmeier]

Originally posted by GotRice?


It just blew up.

it did indeed, this is just the beginning though. I bought in at 6 cents and then more in the last week or two my average is around 8 cents.

good profits so far but i think this stock could actually explode 5-10 bagger territory if the well is a producer...

[GotRice?]

Originally posted by bmeier


it did indeed, this is just the beginning though. I bought in at 6 cents and then more in the last week or two my average is around 8 cents.

good profits so far but i think this stock could actually explode 5-10 bagger territory if the well is a producer...

you are just laughing then. I'm kicking myself for not getting in at 7.5cents. debating if I should hop on at 15 if it goes back. Thoughts?

[bmeier]

Originally posted by GotRice?


you are just laughing then. I'm kicking myself for not getting in at 7.5cents. debating if I should hop on at 15 if it goes back. Thoughts?

The potential of this well is quite high so i think its not a bad deal at 15 or 16. There is still some risk but the upside IMO is much better than the downsides.

I wont be adding more because i have a substantial amount in the stock already but I am planning on a long hold. I have already doubled my money but dont plan on selling if that tells you how I feel about the stock.

[Perceptionist]

Got into NFK back when you guys suggested it at 0.08. Great to see it shoot up today but I'm also planning on holding until they release the test results from the first well. I find it a bit strange that the latest news release came out yesterday morning but the big jump in volume happened today.

[realazy]

Originally posted by Perceptionist
Got into NFK back when you guys suggested it at 0.08. Great to see it shoot up today but I'm also planning on holding until they release the test results from the first well. I find it a bit strange that the latest news release came out yesterday morning but the big jump in volume happened today.

Same here... the tip in this thread made us a lot of money combined

[Rat Fink]

.

[sabad66]

I'm already up 120% on my 100k shares, but I think I'm gonna hold it all for the home run. Lots of day trade potential here though. Crazy volume the last few days.

I might even hold longer like 2 yrs if this goes good... They have 3 other targets in their lease that are even bigger so this could be just the start of something big.

[sabad66]

Originally posted by realazy


Same here... the tip in this thread made us a lot of money combined
Beyond nfk celebration party in Vegas? :D

[bmeier]

Originally posted by sabad66

Beyond nfk celebration party in Vegas? :D

if this goes to $1.00 i am in lol

[KappaSigma]

Good hit on NFK.

Do any of you guys actually know much about offshore prospects?

[mac_82]

Got a few hundred bucks of NFK at 0.07. Bought some more at .17.

Should have enough for a nice lil vacation ;)

[Perceptionist]

Originally posted by KappaSigma
Good hit on NFK.

Do any of you guys actually know much about offshore prospects?

NFK is an onshore prospect.

[asp integra]

all you guys that bought NFK suck haha. Would have been amazing to get un under.10, up to .23 now!:eek:

[woodywoodford]

Originally posted by asp integra
all you guys that bought NFK suck haha. Would have been amazing to get un under.10, up to .23 now!:eek:

True that haha. What kind of upside are people calling for? Wouldn't mind getting in even if it's just a good 20-30% upside, but .23 could be full value...

[quick_scar]

I jumped in at .17 a few days ago after missing the initial hint on beyond. Still making some money, just not a ton. No idea where it is going from here (~.22). Probably just take the money I have made and run.

[bmeier]

Originally posted by woodywoodford


True that haha. What kind of upside are people calling for? Wouldn't mind getting in even if it's just a good 20-30% upside, but .23 could be full value...

i think its still going up from here, they havent even got any oil out of the ground yet. The stock price jumped on the test results...

If the well has oil, as people are speculating, it could easily hit 50cents to 1 dollar potentially higher. The surrounding wells of other companies have done extremely well and NFK still has more wells to drill.

[bmeier]

well there it goes over 25 cents...

[woodywoodford]

Well, threw $400 in at 0.245. Not as good as the rest of you but screw it, I've spent more on less. Now we wait...

http://www.improvresourcecenter.com/mb/images/smilies/popcorn.gif

[sabad66]

Big upside potential still... Remember they haven't even completed the well yet. I have 100k shares at an avg price of 8c and I'm holding it all until we get some concrete production (or non-production) indication.

I've seen some math saying that it should be around $1 share price if it does 2000 barrels a day, and that's not even factoring in future development of the field (remember this is the smallest of 4 targets).

[bmeier]

Originally posted by woodywoodford
Well, threw $400 in at 0.245. Not as good as the rest of you but screw it, I've spent more on less. Now we wait...

http://www.improvresourcecenter.com/mb/images/smilies/popcorn.gif

worst case is you lose a couple hundred dollars, worth the risk in my opinion.

I went a little crazy and bought a lot more shares when it was at 18 cents. I think i am going to trim those back this week and then just hold my core for the long run. heres hoping it goes to 1 dollar!

[roopi]

Originally posted by sabad66
Big upside potential still... Remember they haven't even completed the well yet. I have 100k shares at an avg price of 8c and I'm holding it all until we get some concrete production (or non-production) indication.

I've seen some math saying that it should be around $1 share price if it does 2000 barrels a day, and that's not even factoring in future development of the field (remember this is the smallest of 4 targets).

Nice to see you've made a large paper profit. If you haven't already I'd suggest you sell enough shares to cover your original investment at least.

[Perceptionist]

I sold out my initial investment today at $0.23. Planning on holding the rest until they release BHN-1 test results. I still think there is some significant risk on this one and am surprised it went up over 200% on the latest news release without testing. But let's hope this run continues, it's been a fun few days.

[sabad66]

Originally posted by roopi


Nice to see you've made a large paper profit. If you haven't already I'd suggest you sell enough shares to cover your original investment at least.
I've been thinking about it, but I keep changing my mind last minute when I see the price has gone up. It's nice to have an even number of 100k shares... Every penny increase means an extra 1k paper profit :bigpimp:

Guess ill try a sell order for .25 and see it fills

[realazy]

Originally posted by sabad66

I've been thinking about it, but I keep changing my mind last minute when I see the price has gone up. It's nice to have an even number of 100k shares... Every penny increase means an extra 1k paper profit :bigpimp:

Guess ill try a sell order for .25 and see it fills

That's what I kept doing, but I sold the shares I bought on Friday to cover ~half of my initial investment.

I'm debating if I want to buy if back if goes down a bit more before close though haha...

[bmeier]

Originally posted by sabad66

I've been thinking about it, but I keep changing my mind last minute when I see the price has gone up. It's nice to have an even number of 100k shares... Every penny increase means an extra 1k paper profit :bigpimp:

Guess ill try a sell order for .25 and see it fills

that was my plan too but with the insane volume and increases I keep getting tempted to buy MORE!

think i will sell 20% of my shares some point this week, hopefully it goes to around 30 cents. risky game, I would be more angry selling early though than losing a couple thousand....

[mac_82]

Anyone in on both NFK and DXE?

I'm not in on DXE. And it hasn't jumped as hard. Too late to get in on that?

[Sugarphreak]

...

[ExtraSlow]

I think LEG is a nice hold if you aren't able to flip it for a short-term gain. Awesome chart this morning.

[Sugarphreak]

...

[quick_scar]

And there goes NFK

[woodywoodford]

Originally posted by quick_scar
And there goes NFK

Of course I'd get in at the peak. Paper portfolio's up over 20% since April, but as soon as I actually buy something it flatlines (or in this case drops) :thumbsdow

Oh well, the plan's to sit on this at least until some news comes out on well's #2 & 3.

[sabad66]

Meh, no need to worry about the daily swings unless you're day trading... i'm in it til they release some concrete news in about 4-5 weeks.

But i am glad i took roopi's advice yesterday and sold 20k shares at .245... about 2500 away from making back all of my initial investment. Will be freerolling soon :)