Official Short-term Investments Thread

[know1edge]

.

[Inzane]

What happened to CNE this week? :dunno:

[sabad66]

Originally posted by Inzane
What happened to CNE this week? :dunno:
Issued more shares to pay debt. Diluted by 8%ish

[bjstare]

Originally posted by know1edge
PBMD went NUTS today
ISR on a lot of watchlists for tomorrow, hoping it follows the same trend

So far, so good. Big premarket jump.

[BavarianBeast]

Originally posted by sabad66

Issued more shares to pay debt. Diluted by 8%ish

Fucking Gamba, I've lost hope in him. $2.95 looks very appealing though..

[themack89]

Originally posted by know1edge
PBMD went NUTS today
ISR on a lot of watchlists for tomorrow, hoping it follows the same trend

I am a sucker for biotech's so I bought a little bit of PBMD this morning. :D

[know1edge]

.

[themack89]

I missed the launch.. Stuff like this I view as the signal, everything else before that is the noise. I just don't have enough capital and time to filter through the noise on my own.

Point is... if its good, it goes to $10 or $20 or higher. If it's not, then back down to 0.2. Which is why I buy so little.

[bjstare]

Originally posted by themack89


I am a sucker for biotech's so I bought a little bit of PBMD this morning. :D


Originally posted by cjblair
I got into HALO this morning, they're releasing numbers on Monday and I think it looks promising.

Has been pretty steadily gaining since I bought. Up about $2 since then. Just an FYI, for the biotech suckers out there. haha

[themack89]

Originally posted by cjblair
Has been pretty steadily gaining since I bought. Up about $2 since then. Just an FYI, for the biotech suckers out there. haha

Fiiiinnnneee I take some HALO too, just some options though. Ohhh dear, busy day. :burnout:

[Inzane]

Originally posted by sabad66

Issued more shares to pay debt. Diluted by 8%ish

Thanks. Was that announced in an older news release? I never saw anything published this week on it.

[BavarianBeast]

Originally posted by Inzane


Thanks. Was that announced in an older news release? I never saw anything published this week on it.

Do you rely on your phone for NRs?

Was posted 2 days ago.

http://www.stockhouse.com/companies/news/t.cne/canacol-energy-ord

[sabad66]

Originally posted by Inzane


Thanks. Was that announced in an older news release? I never saw anything published this week on it.
https://ca.finance.yahoo.com/news/canacol-energy-ltd-sends-maturity-113000691.html

not for dissemination in US, so depending on your provider maybe you wouldn't have received it.

Even finance.yahoo.com doesn't show it... only finance.yahoo.ca

[Inzane]

Thanks guys. Yeah I was relying on my stocks ap on my phone which is why i didn't see anything. (I'll have to remember that shortcoming in the future)

[themack89]

Cleared up some buying power by selling XPH, took 60% of a full position of TCK at the bell.

[bjstare]

So today I've been having a bit of an off feeling about XBI. It's been going up for.. well forever. haha. Thinking of getting out while I have some decent profits and hoping to jump back in if (when?) it drops.

Thoughts? Someone talk me into or out of this. haha

[themack89]

The philosophy and construction behind XBI is so different than most ETF's which is why I am so obsessed with it. It's comprised mostly of small cap biotech firm's engaged in research, not companies distributing and selling pharmaceutical products. So they aren't generating revenue, but instead raising capital to go towards product development. Once a product works, or they get some good news, kaboom stock explodes.

Spread this type of investment strategy over 100 stocks at a time when this type of research seems to be gaining more traction due to advances in technology and understanding of biology, especially with a pocket of demand waiting at the gates for the products.

You can sell, but I'm not planning on it. :poosie:

[bjstare]

Ah interesting. Thanks for your 2c!

[RX_EVOLV]

I've been working in the Biotech space for my entire career (not to be confused with the Pharmaceutical industry. Two very difficult industry) and I don't think I can ever invest in a biotech company. IMO better odds at the casinos

[dirtsniffer]

Crescent point will be making an announcement later today or tomorrow.

[themack89]

Originally posted by RX_EVOLV
I've been working in the Biotech space for my entire career (not to be confused with the Pharmaceutical industry. Two very difficult industry) and I don't think I can ever invest in a biotech company. IMO better odds at the casinos

It's easy to get a jaded viewpoint and fail to see the bigger picture (happened to me in oil and gas). Do you think you might confuse rate of success with intensity of success? In that sense I'd say yes you would have better "odds" at the casinos, but the payout structures are remarkably different. I might be wrong on this too, but my portfolio return is ~95% between stocks, ETF's, futures, futures spreads and options, which says on average my ideas are working, despite how crazy or naive they may seem (because I don't work in the industry).

[riander5]

LEG takeover by CPG looming??

[RX_EVOLV]

Originally posted by themack89


It's easy to get a jaded viewpoint and fail to see the bigger picture (happened to me in oil and gas). Do you think you might confuse rate of success with intensity of success? In that sense I'd say yes you would have better "odds" at the casinos, but the payout structures are remarkably different. I might be wrong on this too, but my portfolio return is ~95% between stocks, ETF's, futures, futures spreads and options, which says on average my ideas are working, despite how crazy or naive they may seem (because I don't work in the industry).

Yeh I think I'm just very jaded with the industry, especially with alot those pre-revenue companies. Since it's a relatively tight knit community (especially within Canada), I do get pretty good insights into what some of the more local biotech companies are up to, and the disconnect between what those companies are telling the market, what they are actually doing, and what the investors think are happening just really scares me.

Don't get me wrong. I like the industry alot and that's why I'm building my career in it, specifically in the biotech start-up space (pre or early revenue). I get to work very closely with potential investors and other biotech startups. It's a good place to be and the rewards are definitly there if the company makes it. It just scares me how many things will to need to line up for a biotech company to be successful as compared to some of the other industries, and I find it very difficult to see how anyone can make a truly informed investment decision based on the very limited public information that's available. Not that I wouldn't invest in any. I'm an angel investor for one right now. But in terms of buying stocks in biotech... I rather go pay craps lol. I say almost 80% of the C-level biotech executives I talk to/work with have said they don't/wouldn't invest in the biotech equity market themselves when asked the question.

Anyway, definitly a very personal, one-sided, and jaded opinion :)

[themack89]

Guess everything is down today :burnout:

[dirtsniffer]

Originally posted by riander5
LEG takeover by CPG looming??

done deal
http://www.stockhouse.com/news/press-releases/2015/05/26/legacy-oil-gas-inc-announces-business-combination-with-crescent-point-energy

[you&me]

Originally posted by dirtsniffer


done deal
http://www.stockhouse.com/news/press-releases/2015/05/26/legacy-oil-gas-inc-announces-business-combination-with-crescent-point-energy

And both stocks a down a touch today... Hmmm

Edit - nm, hadn't read the PR...

[GT.....O?]

Originally posted by you&me


And both stocks a down a touch today... Hmmm

Didnt release news until after the market closed

[BavarianBeast]

Bloody day all round.

Only 1 stock out of the 22 on my phone are in the green lol.

[BavarianBeast]

I wonder what the bell will bring on Thursday for SLTD?

Up 11% on news that the CEO would be ringing the bell to close the Nasdaw market.

Typically these bell ringings involve a significant news release, hoping for some major cell news! I would be a bit disappointed if he is just doing it for publicity.

[riander5]

Crescent point cheap assholes!! Oh well still up lots on LEG but a 3.50-4.00 buyout sure would have been nice

[themack89]

Well, so far I'm not happy about swapping out my XPH for TCK.

This hooker needs to bounce. I don't like being offside

[bjstare]

Originally posted by themack89


Fiiiinnnneee I take some HALO too, just some options though. Ohhh dear, busy day. :burnout:

Did you capitalize on the spike this morning? Or are you going to try and hold out for a little longer since you have some time before your option is up?

[themack89]

No options. 1000 shares

[bjstare]

:thumbsup:

Just read a bit about Massroots Inc (OTCQB:MSRT). Seems like it might be worth taking a little gamble on. I'm considering either this or BLO (I know they're not comparable, but those are the two risky ones I'm thinking of putting some money into right now haha).

Curious to hear anyone's thoughts on this.

[BavarianBeast]

Anybody know anything about Marksmen Energy (MAH.V)?

I keep getting told to take a position but doesn't look so hot..

[themack89]

Originally posted by cjblair


Did you capitalize on the spike this morning? Or are you going to try and hold out for a little longer since you have some time before your option is up?

I misread your post.. I capitalized on Halo yes, but it wasn't a huge position. I was mostly concerned about TCK which I meant I had 1000 shares of haha. Its up 8% today seemingly on no news, which is insane volatility for such a high market cap company. Anyways, I am calm now, back into positive territory for it.

[bjstare]

Originally posted by themack89


I misread your post.. I capitalized on Halo yes, but it wasn't a huge position. I was mostly concerned about TCK which I meant I had 1000 shares of haha. Its up 8% today seemingly on no news, which is insane volatility for such a high market cap company. Anyways, I am calm now, back into positive territory for it.

I thought your response was weird. I was thinking, I swear he posted a transaction of an option purchase haha. Then I figured your response was that you exercised your option for shares?

I dunno. Money stuff.

Good to hear you're in the black with Halo and Teck. haha

[themack89]

http://www.etftrends.com/2015/05/back-in-the-lab-triple-leveraged-biotech-etfs-are-here/*

Lawd have mercy!

*Disclaimer: Trading instrument, not investment vehicle.

[bjstare]

Originally posted by themack89
http://www.etftrends.com/2015/05/back-in-the-lab-triple-leveraged-biotech-etfs-are-here/*

Lawd have mercy!

*Disclaimer: Trading instrument, not investment vehicle.

Very interesting. Definitely going to pick some of this up.

Also, what's with the *Disclaimer that shows up only when I quote your message? haha

edit: nm you edited after I opened the page, but before I quoted. I see how that works.

[themack89]

I took 50 shares at 41.25 just to see how it behaves. Lunch money today baby!

[birdman86]

Originally posted by themack89
http://www.etftrends.com/2015/05/back-in-the-lab-triple-leveraged-biotech-etfs-are-here/*

Lawd have mercy!

*Disclaimer: Trading instrument, not investment vehicle.

I made like 40% in a few hours playing those triple leveraged etf's a couple years ago :bigpimp:

And then I lost it all :(

[bjstare]

So, anyone averaging down on any holdings today? O&G perhaps? :rofl:

[BavarianBeast]

Yup!

Sitting on a really fat bag of Husky. I've got faith.

[themack89]

Jees louise lol, finally got out of TCK with a profit. Sellers kickin the shit out of it.

Position progression in shares:

500 -> 800 -> 900 -> 1300 -> 1700... :rofl:

Bad trade, wasted too much time. But oh well that's how she goes.

Picked up PAA @ 45.13, looking for a quick turnaround.

[BavarianBeast]

Originally posted by BavarianBeast
Anybody hold Gilead Sciences (GILD?)

Looks promising.

This stock has continued to be a powerhouse for the past month. I think only two out of about 20 trading days have been down.

[BavarianBeast]

Originally posted by BavarianBeast
Anybody hold Gilead Sciences (GILD?)

Looks promising.

This stock has continued to be a powerhouse for the past month. I think only two out of about 20 trading days have been down.

[Cos]

.

[Sugarphreak]

...

[bjstare]

Originally posted by BavarianBeast


This stock has continued to be a powerhouse for the past month. I think only two out of about 20 trading days have been down.

:werd: I'm glad I got in when I did, even though it didn't seem like a steal of a deal at the time (I bought at around $106). If it dips down to $115 I'll buy more, otherwise I'm just going to continue holding until I have more excess money to throw at it than I currently do.

XBI is continuing to kick ass as well.

[bjstare]

Originally posted by Cos
[B]Well based on my first 6 months of trading, I have to admit it is harder than I thought. Perhaps I'll just let the people who actually know WTF their doing do it.


Trading, hard? No way man. Here's some revolutionary advice: Buy low, sell high. :rofl:

Seriously though, if it was easy to get rich from this, you can bet more people would be doing it. I'm currently only trading with money I can afford to lose. Fortunately, I'm in the black so far :)

[Cos]

.

[BavarianBeast]

Looks like a great time to buy DIRTT...

Going to put in an order tmrw morning I think.

[bjstare]

Originally posted by BavarianBeast
Looks like a great time to buy DIRTT...

Going to put in an order tmrw morning I think.

It's been dropping like a fucking rock this week (no pun intended), I think I might double down :dunno:

[themack89]

Originally posted by cjblair
Trading, hard? No way man. Here's some revolutionary advice: Buy low, sell high. :rofl:

Come on guys, it's not that hard. :bigpimp: /shamelessplug

http://i.imgur.com/5TC8OZE.png

[e36bmw///]

nm

[riander5]

Fucking trinidad dropped 10% after buying a company. Didnt read the press release, must not have been a great buy. Now im 5% in the hole with them! arg

[BavarianBeast]

Originally posted by cjblair


It's been dropping like a fucking rock this week (no pun intended), I think I might double down :dunno:

I filled this morning around $7.14. A lot of clients are spec'ing these DIRTT walls in some tenders I've been seeing. Hopefully the trend continues..

[bjstare]

Originally posted by BavarianBeast


I filled this morning around $7.14. A lot of clients are spec'ing these DIRTT walls in some tenders I've been seeing. Hopefully the trend continues..

I got $7.16 :thumbsup:

[Matty_10]

Anyone else using the Questrade app on there phone? I cant fucking scroll down on any of the pages so i can only see my first 5 stocks.:banghead: :guns:

[themack89]

Originally posted by Matty_10
Anyone else using the Questrade app on there phone? I cant fucking scroll down on any of the pages so i can only see my first 5 stocks.:banghead: :guns:

U have more than 5 stocks??! Well there's yer prablem :burnout:

[know1edge]

.

[you&me]

Originally posted by know1edge


up 578% today at current after hours lol. impossible to see this coming :/

edit: funny, in the wake of axpw, free is up 80% right now

I keep a simulator account, primarily for stocks that I don't have the balls to put real money into. After your post, I 'bought' 400,000 shares of AXPW @ .035 ($14k)... That would be worth ~$82k now, after peaking at being worth ~$140k earlier today. :banghead:

[TEAM QUESTRADE]

Hi Matty_10,

We are definitely listening and I am sorry about the inconvenience that this has caused.

Our development team is aware of the scrolling issue on our mobile platform currently and they are working to resolve it as quickly as possible.
If you need to place an immediate trade while on the go and our app isn’t functioning properly, please contact our Trade Desk at 1.866.980.9590, and let them know the issue.

Thanks,
Carl from Team Questrade

[TEAM QUESTRADE]

Hi Matty_10,

We are definitely listening and I am sorry about the inconvenience that this has caused.

Our development team is aware of the scrolling issue on our mobile platform currently and they are working to resolve it as quickly as possible.
If you need to place an immediate trade while on the go and our app isn’t functioning properly, please contact our Trade Desk at 1.866.980.9590, and let them know the issue.

Thanks,
Carl from Team Questrade

[BavarianBeast]

da fuq?

[sabad66]

Originally posted by BavarianBeast
da fuq?


Originally posted by Matty_10
Anyone else using the Questrade app on there phone? I cant fucking scroll down on any of the pages so i can only see my first 5 stocks.:banghead: :guns:

Looks like they searching google for Questrade issues and responding. I saw this on RFD too.

[BavarianBeast]

That's..

Well..

Impressive.

[BavarianBeast]

That's..

Well..

Impressive.

[GotRice?]

Originally posted by Matty_10
Anyone else using the Questrade app on there phone? I cant fucking scroll down on any of the pages so i can only see my first 5 stocks.:banghead: :guns:

People actually use Questrade?

[rx7_turbo2]

Originally posted by sabad66
Looks like they searching google for Questrade issues and responding. I saw this on RFD too.

I had the same thing happen with Optima Batteries. I made mention on a forum of how their quality had gone to shit over the last few years, within minutes a Rep from Optima had made an account and posted in response.

[know1edge]

.

[bjstare]

Holy tits, XBI goin for a run this morning :clap:

edit: As time passes, it's looking more like a long term investment than a short term one for me haha

[themack89]

Originally posted by cjblair
Holy tits, XBI goin for a run this morning :clap:

edit: As time passes, it's looking more like a long term investment than a short term one for me haha

I think me and you are the only ones quietly getting rich :bigpimp:

[BavarianBeast]

I'm almost up 200% in 3 months on TBUFF :dunno:

[themack89]

Originally posted by BavarianBeast
I'm almost up 200% in 3 months on TBUFF :dunno:

We all love quoting returns percentage gains.. But return on portfolio? Ahhhh but at least its BioTech. :bigpimp: If you'll put over 80% of your capital into a play like that and generate those returns, then I commend you. :thumbsup:

Actually, that's interesting. We are up about the same amount considering the size of position I would have taken in a random Pharma. All about dat risk adjustment boiiiiiii! :)

Keep praying to the biotech gods!

[BavarianBeast]

Haha not a chance.

7 years ago, sure. Now my portfolio is way to huge to take risks like that. TBUFF represents 3% of my portfolio.

[riander5]

I made 20% on tbuff aka trx when they went to 1.10 then sold when they stated to drop. Had only 3k in. FML

[bjstare]

Originally posted by themack89


I think me and you are the only ones quietly getting rich :bigpimp:

Haha I can't make that claim til I see how my oil holdings do over the next couple months, cause right now they're dragging my portfolio. I almost picked the bottom for the ones I have, but they need to actually climb outta the hole before I make any money :rofl:

I'm also hoping Apple and Facbook really rise (more) this year. Which I think they very well could.

[bjstare]

Originally posted by BavarianBeast


I filled this morning around $7.14. A lot of clients are spec'ing these DIRTT walls in some tenders I've been seeing. Hopefully the trend continues..

I might average down a bit more next week if DIRTT continues it's slide. Currently at $7.06

[birdman86]

Originally posted by GotRice?


People actually use Questrade?

I finally closed mine down. No major complaints, but it's just not a polished experience.

The customer service guys are completely useless though, it took 8 months to close the account because I had some cease trading shares in there, and none of the CSR's knew what form to send me to get rid of them. Couldn't close account until that happened, and it wasn't until I disputed inactivity fees that my situation got escalated and someone finally knew what I needed to do.

Not impressed, but it didn't cost me anything and I never had trading/contributing/withdrawal issues so like I said - no major complaints.

[BavarianBeast]

Originally posted by cjblair


I might average down a bit more next week if DIRTT continues it's slide. Currently at $7.06

Might not be a bad plan, I may grab some more too..

OR.. Fitbit.. Fuck, looks good.

[themack89]

This is one of the few times I will take a long position on front month options: BBRY $8.50 calls with earnings tomorrow while the stock is in my buy territory.

If not much happens on earnings I will dump it and pick up shares instead. Or just short puts.

[riander5]

This may seem like a newbish investor question in here but is it at all possible to get in on US IPO's.... I sit by idly and watch nearly every major one double. A regular joe schmoe cant join the big banks though can he?? (Morgan Stanley, JP Morgan, goldman sachs)

One of you guys must know - educate me!

[bjstare]

I don't have a super useful answer for you, but my dad and I use an investment advisor at Richardson GMP, and he gets tons of opportunities through her. His account is notably larger than mine though (I don't get any of these), and from what I've seen his minimum investment into these things is somewhere around $40k - I know that factors into it. Hopefully someone else can chime in as well, cause I'd like to know a little more too. I'm for sure going to ask my advisor next time I'm in there.

[themack89]

http://www.investopedia.com/university/ipo/ipo1.asp

TLDR: No a Joe Schmoe can't really get in on an IPO.

Looks to me like you'd need to achieve accredited investor status.

On another note: how's your morning going cjblair? :D

[riander5]

40k eh... my tfsa is close to there - maybe just close it out and start doubling up on every ipo.... shopify, fitbit, gopro, etc etc etc

Its that easy right? haha

[bjstare]

Originally posted by themack89
http://www.investopedia.com/university/ipo/ipo1.asp

TLDR: No a Joe Schmoe can't really get in on an IPO.

Looks to me like you'd need to achieve accredited investor status.

On another note: how's your morning going cjblair? :D

I was about to edit in the same TLDR haha.

Good lawd, I honestly can't believe XBI is still running like this. Makes me want to get rid of like half my holdings so I can dump them in the next time it has a short retreat haha. :D

riander: That still won't get you there haha. I think Accredited Investor status is just the first step? From my limited knowledge, you need to be in a place where that 40k represents probably 1-3% of your portfolio. You've got your work cut out for you! :rofl:

[riander5]

Originally posted by cjblair


I was about to edit in the same TLDR haha.

Good lawd, I honestly can't believe XBI is still running like this. Makes me want to get rid of like half my holdings so I can dump them in the next time it has a short retreat haha. :D

riander: That still won't get you there haha. I think Accredited Investor status is just the first step? From my limited knowledge, you need to be in a place where that 40k represents probably 1-3% of your portfolio. You've got your work cut out for you! :rofl:

Beyond IPO fund pooling?

I got into XBI middle of last week after reading your guys posts.

Also just dropped 7k into FIT today... up 2.5% so far!!

[bjstare]

I’ve been debating buying in to FIT, since I heard about the IPO. I think it’s a good bet, but I’m not willing to sell anything to free up the funds just yet. I’m either making too much money on my holdings, or waiting for them to buck before I sell them:rofl:

On a somewhat related note, XBI is still going cray. Awesome.

[riander5]

I was up 4.5% at one point, and updated my stop loss to my initial investment. Hit it and sold. Lost 20 bucks :( (two trading fees)

[themack89]

Originally posted by riander5
Also just dropped 7k into FIT today... up 2.5% so far!!

I like that play, I don't know dick all about the company but I know everyone has a boner for it. The hype is enough to warrant a long--big institutionals are gonna need their share inventory. Get out before everyone else does though :D

[themack89]

I dumped all my XBI at $260. Shorted $260 calls actually, figured might try and collect some premium.

Only reason is because for the last couple of multi-month rallies its had have always extended for about 50 bucks.

Trade what you see not what you think :dunno:

[bjstare]

Originally posted by themack89
I dumped all my XBI at $260. Shorted $260 calls actually, figured might try and collect some premium.

Only reason is because for the last couple of multi-month rallies its had have always extended for about 50 bucks.

Trade what you see not what you think :dunno:

Yeah, TBH I was thinking of dumping as well. I mean, obviously I considered it a couple pages back when it was at like $250, so naturally it looks like a better sell now haha.

I'm considering putting some money into SBUX, or possibly FIT. I'm a little scared of FIT though, it's still at the stage where it could swing like crazy.

Edit: Anyone going to pick up some Netflix shares pre-split? I’m probably going to get some today in hopes of a bit of post-split gains.

[bjstare]

Watching NFLX shares right now makes me glad I never followed through on my threat to buy them yesterday :rofl:

[themack89]

CJ did you end up selling? lol

[bjstare]

Originally posted by themack89
CJ did you end up selling? lol

Nope. But now I'm thinking about buying more :rofl:

[themack89]

Wait until low 240's or mid 230's. That's what I'm gonna do anyways. $10 Selloff for XBI is nothing yet

[bjstare]

Originally posted by themack89
Wait until low 240's or mid 230's. That's what I'm gonna do anyways. $10 Selloff for XBI is nothing yet

You thinking it will fall as much as it did in April (or close to)?

[themack89]

Originally posted by cjblair


You thinking it will fall as much as it did in April (or close to)?

Yes. But based on nothing other than my gut lol.

[BavarianBeast]

Bought into PTK (Poet Technologies) this morning after following them for over a year after it was mentioned previously. Hoping for some big gains from this one..