Official Short-term Investments Thread

[ExtraSlow]

I HATE IPO's. I will watch priairiesky for six months minimum before buying any.

Still not sure what would make them more compelling then FRU. That's a great company.

[BavarianBeast]

Who is still in MVN?

Honestly cannot believe the re-pricing.. Bullshit.

[Feruk]

I'm holding MVN. I find it hard to believe they couldn't find enough demand at $0.55. That's a little scary especially considering this deal greatly de-risks the investment for dirt cheap! First decent thing management's done in months. I look at juniors like these as 5+ year holds, so minor fluctuations don't much matter to me.

[BavarianBeast]

It's very scary. Specially considering I filled at $.71.

Oh well, like you said.. I guess I will be holding it for a few years anyways, shouldnt let these minor setbacks bother me too much.

Anybody in INA Iona Energy? Picked a bunch up at $0.5.

[Sugarphreak]

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[BavarianBeast]

Originally posted by Feruk
I'm holding MVN. I find it hard to believe they couldn't find enough demand at $0.55. That's a little scary especially considering this deal greatly de-risks the investment for dirt cheap! First decent thing management's done in months. I look at juniors like these as 5+ year holds, so minor fluctuations don't much matter to me.

Well. I ended up averaging down to $.55. I'll take this stock off my watch list for a year or two and check back on it then..

[Feruk]

I got in at $0.72, so I feel your pain. I have to sit down and evaluate averaging down vs opening a position in either SOG or RE, both of which I think are absolutely fantastic.

[BavarianBeast]

Originally posted by Feruk
I got in at $0.72, so I feel your pain. I have to sit down and evaluate averaging down vs opening a position in either SOG or RE, both of which I think are absolutely fantastic.

Can you provide a short summary on why you think SOG will be a good investment?

[BavarianBeast]

Picked up a ton of E.TO this morning - Enterprise Group. Looks like they will have an amazing 2014. Hoping to see a good 50%+ on this one.

[Feruk]

Originally posted by BavarianBeast
Can you provide a short summary on why you think SOG will be a good investment?
Their land position and inventory is fantastic. Having said that, I did a bit more digging and don't think they're investable right now. Until they can show a dramatic op-ex decrease and good FFO numbers, I'll be on the sidelines. Too much debt and too much risk of further dilution. One to enter if they clean up their balance sheet, but I'd rather watch for free for now.

[Sugarphreak]

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[BavarianBeast]

Originally posted by Sugarphreak
I've been having a hell of a week :bigpimp:

Bought and sold Apple for a nice gain, bough Suncor yesterday and made another really nice gain first thing this morning, have some imperial oil stock that is up nicely this morning... looking for a bit more on that today.

I also bought some BB stock, it has a predictable trend right now and it should pop up in the next day or so.

I've been waiting 2 years for suncor to see this kind of movement. Bout fucking time.

PTA.V is looking real good right now. I'm up over 20% in the last 3 weeks on them. Really like their position. Think this could see some huge growth this year. I really have to stop getting so attracted to these juniors.. After making 200% on canacol in a year though, its all I want to trade haha.

[ExtraSlow]

PTA is a great stock. I'm in that as a longer term play.

If anyone feels like betting on the duvernay, YO.V is a nice choice. I haven't convinced myself to get into it. The per-well costs are so high, it's easy to make very little money, even with good production.

[cloud7]

Originally posted by Sugarphreak
I also bought some BB stock, it has a predictable trend right now and it should pop up in the next day or so.

Just curious why there is a predictable trend now. They'll announce 1st quarter results a week from now and I just don't see any good news coming from that.

[woodywoodford]

Originally posted by cloud7


Just curious why there is a predictable trend now. They'll announce 1st quarter results a week from now and I just don't see any good news coming from that.

I don't know if I'd say predictable, but the last 6 months or so I've been seeing how loyal the BB fans are, and lots of people are wanting to go back to BB from their other smart phones (see that Bold relaunch thread, for example). I don't really trade in the tech/telecoms stuff but the people who thought BB was going away have been proven solidly wrong (IMO).

[Sugarphreak]

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[rx7_turbo2]

Originally posted by rx7_turbo2


Didn't get much love when I posted this lol.

Trading around or below $6 when I asked, up over $9 today.

Feeling pretty good. I'll take some profits, but I still think it has room to grow, any thoughts?

Amaya Agrees to Acquire Rational Group, Owner of PokerStars and Full Tilt Poker, for $4.9 Billion
Read more at http://www.stockhouse.com/news/press-releases/2014/06/12/amaya-agrees-to-acquire-rational-group-owner-of-pokerstars-and-full-tilt-poker#viGXSH7KfkpZvL7l.99

[mac_82]

FAP just dropped 8% after dropping their dividend to 4 cents per share.

[BavarianBeast]

Is anybody aboard the TOU TOU train?

I picked up Tourmaline around $28 and it has been pretty smooth sailing straight to $55.. When is this company going to get bought out?

[Sugarphreak]

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[ExtraSlow]

TOU is getting big enough that not that many companies can afford to buy them. This would a a good year for them to sell.
I'm not invested in them.

[cloud7]

well, I was wrong about BB... it went up over 10% after the release of the earnings result.

On the up side, my HGU play is doing quite well since I got in... up 15% already and it doesn't seem to be letting up. Gold above $1300, so I can see it run up to $1350.

[icky2unk]

Originally posted by BavarianBeast
Is anybody aboard the TOU TOU train?

I picked up Tourmaline around $28 and it has been pretty smooth sailing straight to $55.. When is this company going to get bought out?

Wouldn't we all like to know.

I'm in at $10 from a Private Placement way back and probably won't sell anytime soon. Can't ask for a better management team.

[sabad66]

Originally posted by icky2unk


Wouldn't we all like to know.

I'm in at $10 from a Private Placement way back and probably won't sell anytime soon. Can't ask for a better management team.
How do you get in on private placements?

[BavarianBeast]

Originally posted by icky2unk


Wouldn't we all like to know.

I'm in at $10 from a Private Placement way back and probably won't sell anytime soon. Can't ask for a better management team.

I have not been dissapointed over the 2 years I have been invested in them. Great company, I will not sell any time soon either. I'm just hoping a BO comes in at $65-$70, I would gladly cash out up 140%+.

Enterprise group (E.TO) has had a decent run the past 2 days. I really like the way things are looking for them. I loaded up in the $.80-$.85 range, hoping to see a $1.20ish by August/Sept hopefully.

[Feruk]

Originally posted by sabad66
How do you get in on private placements?
Why bother? Typically there is zero incentive as the publically traded shares will move to the same price as the placement. So basically you just give up liquidity. Not always the case as some will give you additional rights (like buying shares for set price a year out or something), but typically not in O&G from what I've seen.

[Meback]

FAP is down huge today? ~10 percent. Should I enter?

[BavarianBeast]

Originally posted by Meback
FAP is down huge today? ~10 percent. Should I enter?

It's your money. I know some of us here have loaded up..

[icky2unk]

Originally posted by Feruk

Why bother? Typically there is zero incentive as the publically traded shares will move to the same price as the placement. So basically you just give up liquidity. Not always the case as some will give you additional rights (like buying shares for set price a year out or something), but typically not in O&G from what I've seen.

There is tons of incentive to participate in private placements if you have the opportunity. Private placements are typically done on companies that are not trading publicly yet so you are getting heavily discounted shares relative to what I would say if a hope for an IPO at a larger price. Not only do you get in on some of these high prospect companies early to realize easy capital gains, you get a tax benefit on those shares as well. Any private shares held for two years are eligble for a capital gain exemption of up to $800,000/person per lifetime. So I got in TOU at $10, it IPO'd at $20. That $10 capital gain was free money as I don't have to pay taxes on all of it.

Private Placements are an opportunity to make huge gains as well as the opportunity to make tax free gains.

[sabad66]

Yep, usually just extra incentives that you wouldn't get on the publicly traded shares. For example a lot of the Venture companies will throw in a warrant with each share. So basically getting the same # of shares for either an equivalent or lower price, plus a warrant to boot which can be worht serious cash if they get lucky. Can't go wrong really.

But icky, you didn't answer the question... how do you get on them? :angel:

[icky2unk]

Originally posted by sabad66
Yep, usually just extra incentives that you wouldn't get on the publicly traded shares. For example a lot of the Venture companies will throw in a warrant with each share. So basically getting the same # of shares for either an equivalent or lower price, plus a warrant to boot which can be worht serious cash if they get lucky. Can't go wrong really.

But icky, you didn't answer the question... how do you get on them? :angel:

Hah I have accounts at Peters & Co as well as First Energy and they were the book runners for that particular offering. I don't get crap on my BMO account though lol.

[Feruk]

Originally posted by icky2unk
There is tons of incentive to participate in private placements if you have the opportunity. Private placements are typically done on companies that are not trading publicly yet so you are getting heavily discounted shares relative to what I would say if a hope for an IPO at a larger price. Not only do you get in on some of these high prospect companies early to realize easy capital gains, you get a tax benefit on those shares as well. Any private shares held for two years are eligble for a capital gain exemption of up to $800,000/person per lifetime. So I got in TOU at $10, it IPO'd at $20. That $10 capital gain was free money as I don't have to pay taxes on all of it.

Private Placements are an opportunity to make huge gains as well as the opportunity to make tax free gains.
My bad, I thought you meant something equivalent of a new share issue for a public company. For a private company, totally different.

[ExtraSlow]

Only private placement I ever got in on was a dud for me. The company is making lots of money now, but still not up to the price I bought in at. Ah well . . . . .

[woodywoodford]

Originally posted by icky2unk


Hah I have accounts at Peters & Co as well as First Energy and they were the book runners for that particular offering. I don't get crap on my BMO account though lol.

Don't you need some fairly ballin balances to open an account with those guys? Legit question, the brother was wanting a Peters account but thought it was like $100,000 minimum to get in.

[icky2unk]

Originally posted by woodywoodford


Don't you need some fairly ballin balances to open an account with those guys? Legit question, the brother was wanting a Peters account but thought it was like $100,000 minimum to get in.

I got grandfathered in not going to lie. However, you are correct in that they like to have quality (aka higher net worth) accounts than quantity. $100,000 minimum seems pretty reasonable but could be light since minimum on the TOU offering was 10,000 shares (@$10) if I remember correctly.

[Sugarphreak]

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[BavarianBeast]

Nice gain on SLTD today. Been great day trading them, but thinking I'm going to hold a small position this time around until they release their results on the 3d solar cell. Should be late June or early July.

[icky2unk]

O&G Ouch.. lol

Most of the run up last week wiped out in 2 hours lol

[civic_rida]

My dad works for tou

[civic_rida]

Kinda crazy to see facebook at 67

[ExtraSlow]

Facebooks P/E ratio is whack.

[icky2unk]

Anyone buying today?

[icky2unk]

O&G makes me cry lol

[woodywoodford]

Originally posted by icky2unk
O&G makes me cry lol

Longest summer ever....I've just quit looking at my QT account :banghead:

Still have lots of faith in my RRX and PPY but days like today...oh man.

[Sugarphreak]

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[rx7_turbo2]

Originally posted by Sugarphreak
Suncor is looking really attractive to me in its current slump, that stock is going to pop huge when they post record profits this summer!

I hope you're right.:thumbsup:

[Hi-Psi]

I've been holding HAL (Haliburton) for a few years now and it has finally broken out. My average price is $40/share and it's sitting at $71 now. I have about 45% of my portfolio in this stock which seemed crazy to a lot of people but I had a strong belief in this stock when I bought it(after the BP spill). Anyways, I always told myself if it retested $60 and hit $65 then I would sell, well now it's heading towards $75 and I'm still holding and really unsure if I should sell now as the market still says it has a lot of room to move. It's pushing 52 week highs every week now and pushed another 52 week high on decent earnings this morning which it's pulled back on since opening.

Anyone been following it? Any advice?

[Sugarphreak]

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[ExtraSlow]

I haven't been following HAL closely, but I do like it as an investment, and if I was in your position, I would probably dump about half and keep the rest.
Very solid company.

[woodywoodford]

Originally posted by Hi-Psi
I've been holding HAL (Haliburton) for a few years now and it has finally broken out. My average price is $40/share and it's sitting at $71 now. I have about 45% of my portfolio in this stock which seemed crazy to a lot of people but I had a strong belief in this stock when I bought it(after the BP spill). Anyways, I always told myself if it retested $60 and hit $65 then I would sell, well now it's heading towards $75 and I'm still holding and really unsure if I should sell now as the market still says it has a lot of room to move. It's pushing 52 week highs every week now and pushed another 52 week high on decent earnings this morning which it's pulled back on since opening.

Anyone been following it? Any advice?

I've hugely bullish on the frackers, all sorts of people have been talking about how '14 is a turnaround year for them

[ExtraSlow]

If you want a more "pure" play on stimulation, Cal-frac or Canyon are probably higher leveraged that that specific service.

[sabad66]

No advice specific to HAL, but i would definitely echo the advice to solidify your gains. Personally i would sell half.

You could also do a stop loss order... maybe for like $68-69 or so?

[rx7_turbo2]

Originally posted by Sugarphreak
I've been holding off on it until it gets closer to 43$.... also once I am more confident that this summer isn't going to be a bust, haha

I felt good about Suncor and got in for $35 back in April. Sold some to cover, and bought some more last week. We'll see I guess.

[BavarianBeast]

Oh yeah!!!!

SLTD is finally making me good $!

Up 45% this morning on reporting 7.5M revenue.

I don't think it's too late to get into this company, if they release news about succesful testing of their prototype cell it is going much, much higher.

[BavarianBeast]

Originally posted by BavarianBeast
Oh yeah!!!!

SLTD is finally making me good $!

Up 45% this morning on reporting 7.5M revenue.

I don't think it's too late to get into this company, if they release news about succesful testing of their prototype cell it is going much, much higher.

Wow!

Another 40% today, excited to see how far this goes.

[BavarianBeast]

Originally posted by BavarianBeast


Wow!

Another 40% today, excited to see how far this goes.

Up to .20 now!!! :clap:

First time I've ever made more than 300% on a single stock in under 6 months.

[sabad66]

Originally posted by BavarianBeast


Up to .20 now!!! :clap:

First time I've ever made more than 300% on a single stock in under 6 months.
Nice gains dude! I was looking at this back in the 4c days. It came down to either sltd or fitx, and I ended up going with fitx :(

[BavarianBeast]

Thanks man! I really loved the fact that they had a small division generating revenue for them and I had faith in their prototype. I must admit, I had averaged down from $.09 to $.06 and was begenning to have my doubts. Glad that their SUNworks division is doing well and that their prototype is a hit.

It will be interesting to see where the stock goes in the next few months.

[roopi]

Nice work on this one guys but I'm going to repeat what I've said many times in this thread. Take some off the table now. Ride the free shares and you'd have a guaranteed profit.

[Manhattan]

Any hope for TBE?

[sabad66]

Originally posted by Manhattan
Any hope for TBE?
apparently yes! :D

Really should've picked some more up a few weeks ago in the 1.60s.. at that price the divi yield was 12%! Still pretty good in the 1.80s though with a ~10.6%

Q2 numbers were pretty good so i think people are confident that they can sustain it

[icky2unk]

Originally posted by sabad66

apparently yes! :D

Really should've picked some more up a few weeks ago in the 1.60s.. at that price the divi yield was 12%! Still pretty good in the 1.80s though with a ~10.6%

Q2 numbers were pretty good so i think people are confident that they can sustain it

Q2 looked good, dividend looks sustainable through to end of 2014 but from my looks it should be good till 2015 as well (my opinion).

Declines will keep occuring but hopefully they will successfully transition from vert - horiztonal.

[GT.....O?]

Anyone have any suggestions lately? Market seems to be down a little in the O&G area. Might be a good time to pick something up?

Got some capital sitting around and need to do something with it.

[icky2unk]

Raging River would be a good Jr buy if you are into that.

[Matty_10]

Anybody else get in on the bxe? I got in just in time before the uptrend

[Perceptionist]

Anyone still following SOG (Strategic Oil & Gas)? They're down to $0.36 despite what looked like a decent Q2 report. Would this be a good entry point?

[Feruk]

Originally posted by Perceptionist
Anyone still following SOG (Strategic Oil & Gas)? They're down to $0.36 despite what looked like a decent Q2 report. Would this be a good entry point?
I'm still following and still haven't bought. This was a terrible quarter. Year over year they have lower production, lower cash flows, and still have not gotten their costs in line despite the pipeline being on for Q2. They lost money in Q2... The only quarter where you practically never drill! If I annualize their 6 month cash flow, their debt/CF is 8.7! Unless something changes, they're headed for zero. I'd wait for 2 or 3 good quarters before touching this name as the risk is too great.

[BavarianBeast]

I decided to load up some more Peyto and Tourmaline.

Pretty comfortable putting my pay cheques into these companies right now.

[ExtraSlow]

I like PEY, but I like PPY better. Both are top picks from FirstEnergy, but the implied return from PPY is better if you belive the target prices for both.


TOU is a solid company, btu i can't see how they can have the continued explosive growth they ahve seen previously. The impied return there is around 16% according to FirstEnergy (who rated them as only outperform).

On the shorter term horizon BNK is pretty interesting. Again rated as a top pick, with a target price of $11.00.

My opinions might be a little different in the Long term investing therad, where stability and dividends trump short term capital gains.

[BavarianBeast]

Yeah, PPY is great. I picked them up last year in October around $8. Enjoying the run thus far.

I'm banking on a buyout with TOU, just hoping someone big scoops them up for $65/share type thing.

BNK does look interesting, I have thought about for a couple weeks but my hands are too shaky to pull the trigger. It does look like a good time to load though, perhaps I'll move some of my riskier investments out and into BNK...

[ExtraSlow]

The problem with TOU is the size of them. $10B market cap today, and at $65 it'd be around $13B. That's too big to allow anyone from asia (our goverment would block it), and really who else could want it?

The $3B asset sale by DVN to CNQ was one of the largest Canadian transactions ever, so $13B would be amazing.

[realazy]

Any thoughts on the upcoming Alibaba (BABA) IPO?

[BavarianBeast]

Why do you figure that our gov't would block an Asian buyout?

It is a huge sale, but I think it could happen.

Just sold all my CSIQ at $40.33. Looking for something interesting to move this cash into...

I thought about the Alibaba IPO, I'm not sure if I'm going to bite on it or not. .

http://money.cnn.com/2014/09/11/technology/alibaba-counterfeit-ipo/index.html?iid=A_MKT_News

[realazy]

I'm debating on just a quick flip, maybe a 20-30% jump from open.

There is definitely a huge counterfiet problem though. You can find fake anything, clothes, jewelery, car parts, literally anything.

With that said, it's extremely popular for cheap items direct from the supplier. You'd find things made in China for half of what the same item would sell on ebay.

[BavarianBeast]

Yeah, you can find anything.

We've purchased used equipment from Alibaba before. Including a few piling rigs.

I've never tried my luck on an IPO though, if we want in it do we just call whoever handles our investments and ask to get in on it? I can't seem to find anything on the bmoinvestorline website other than IPO's that have been issued today or this week.

[realazy]

I'm pretty sure you have to have pretty $$$ accounts with the banks before you can get in on the IPO. I'm just looking to buy some on the market.

It should gap up from the $60-65 ish IPO price on open then trend up on hype.

[icky2unk]

Geezus energy is a gong show this month.

Wish I had more capital to invest though.

[BavarianBeast]

Yeah, 90% of my stocks have just been getting hammered lately.

Decided to load up some more Canacol this morning. Cheapest it's been since last year. Drives me nuts, the company seems to be doing everything right yet the market responds completely opposite to news. 'Canacol Energy Ltd. Reports Record Revenues, Corporate Operating Netback and Reserves, Filing of Fiscal 2014 Financial Results and Annual Information Form, and Announces Tigro-1 Light Oil Discovery' - stock falls 3% the next day...

[woodywoodford]

Man, fuck these markets - down about 4% this morning, now up about 4%. I can't handle this vol lol

[Perceptionist]

Anyone follow Legacy Oil and Gas? I am seeing the latest downturn as a possible buying opportunity.

[BavarianBeast]

What's everyone doing with their cash? Buying at these levels? Or banking on things to continue downward for a while?

[Sugarphreak]

...

[busdepot]

For those of you still sitting on some DXE/NFK, rig is mobilized apparently and moving along again.

http://www.stockhouse.com/news/press-releases/2014/09/26/dualex-mobilizes-rig-to-bhn-1-wellsite-in-tunisia

[realazy]

Originally posted by busdepot
For those of you still sitting on some DXE/NFK, rig is mobilized apparently and moving along again.

http://www.stockhouse.com/news/press-releases/2014/09/26/dualex-mobilizes-rig-to-bhn-1-wellsite-in-tunisia

I'm sitting on some free shares now after trading it a few times, let's hope that the well is a gusher!

[sabad66]

Also still riding out some free shares. I hope oil prices recover a bit while we wait. This is going to be a long two weeks :)

[icky2unk]

Originally posted by BavarianBeast
What's everyone doing with their cash? Buying at these levels? Or banking on things to continue downward for a while?

Buying buying buying

[BavarianBeast]

Yeah, I have to admit that I've been buying too. Although everytime I buy, things continue to fall. I wish I could go into a coma for 6 months and wake up with hopes that things have worked themselves out.

The only stock that has been working for me is $SLTD. Up 300% since January and have a good feeling it will continue to fly.

[icky2unk]

Originally posted by BavarianBeast
Yeah, I have to admit that I've been buying too. Although everytime I buy, things continue to fall. I wish I could go into a coma for 6 months and wake up with hopes that things have worked themselves out.

The only stock that has been working for me is $SLTD. Up 300% since January and have a good feeling it will continue to fly.

I took on more TOU, tons of insider buying in the millions on this. Don't think the executives of this company are willing to bet millions if they don't believe in the company as well.

[icky2unk]

Another slaughter today

[killramos]

why is life so difficult... LRE is bouncing off a 10% yield now on comodity pricing :dunno:

Nothing else has really changed since we were ~5.5 dollars ( hit 4.08 today). Might be a decent pickup for an easy 10-20%. It better or I really will never get an M4 :rolleyes: ...

[BavarianBeast]

I'm still bent over taking it hard.

Somebody wake me up when this is over.

[icky2unk]

I bought in way too early. Today would have been golden, or even later in the week it sounds like it is going to get worse before it gets better.

What do you guys think? Is sub $90 oil sustainable or is this a huge overreaction.

I just want quarters to come out!

[Manhattan]

CDN $ under 90 cents US. Why can't we just adopt their dollar? Would make everything so much easier.

[ExtraSlow]

Originally posted by killramos
why is life so difficult... LRE is bouncing off a 10% yield now on comodity pricing :dunno:

Nothing else has really changed since we were ~5.5 dollars ( hit 4.08 today). Might be a decent pickup for an easy 10-20%. It better or I really will never get an M4 :rolleyes: ...
LRE is a shockingly solid investment. I'm into it HARD.

[killramos]

Originally posted by ExtraSlow

LRE is a shockingly solid investment. I'm into it HARD.

I agree the market has been quite fickle without really understanding whats driving share volumes ( ie equity offerings and subsequent sales by crocatta)

I am pretty excessively leveraged into it right now but i wont diversify because i am convinced it is excessively undervalued.

[Manhattan]

LRE and DTX still being hit hard today...

[ExtraSlow]

What's up with LRE? aside from macro stuff, are they getting hit harder due to higher exposure to pricing reforecasts or soemthing? I can't get my head around it.

[BavarianBeast]

^ Everything is getting hit hard still. Most of my juniors have been posting nothing but record profits and unbelievably successful wells, still continues to tank.

Starting to really wish I did sell in may and go away.

[icky2unk]

Originally posted by ExtraSlow
What's up with LRE? aside from macro stuff, are they getting hit harder due to higher exposure to pricing reforecasts or soemthing? I can't get my head around it.

Bought a bunch at $4 today. Taking a risk on all the Jr's (RRX, SGY, TBE, LRE).

35-40% Drops since mid August on 10% drop on WTI. It's the same story every year, supply scare + other macroeconomic bs.

Then come driving season next year and WTI goes back to $100.

[ExtraSlow]

I don't know why, but I have a strong aversion to sitting in cash. I thought pretty hard this spring about cashing out some gains, and I couldn't bring myself to do it.

thank fuck I get a regular paycheque and I don't rely on investing to put food on the table for my kids.