Official Short-term Investments Thread

[Nova316]

Originally posted by Cos
Holy hell, $2065 a share in March 2011. LOL
$10500 in May 27, 2005 haha

[Cos]

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[ickyflex]

Originally posted by Cos


Yahoo only went back 5 years. Jesus that is a long fall from grace. At a $10,500 stock though I would have been selling my 1 share and running. Hahahah



I hear that. I'm actually somewhat happy (even though I probably shouldn't be). LOL

I dunno haha I hold that mentality because of craps. Lose together = happy. Win together = happy.

That guy who bets against everyone and wins... well fuck that guy lol

[Sugarphreak]

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[Sugarphreak]

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[avishal26]

Originally posted by Sugarphreak
Anybody willing to speculate on what will happen when the TSX opens Tuesday?

Not sure if the markets will start their downward trek again, but I have a feeling oil will go down below $40 again as there are still no fundamentals to support oil increasing.

I am really worried about what oil dropping back down to ~$35 will do to the energy stocks that are already at all time lows... I'm all in on MEG :nut:

Still more than 2MM barrels of oil per day are being produced more than being consumed. WCS is going to chart below $30 if oil drops that low again (WTI).

Apparently some shale producers have found a way to be profitable at around $30 WTI... which means they have no reason to stop producing.

I really don't wanna see another 2 years of cheap oil... lol my short term investment became long term but was hoping that meant 1 year tops, not 3 year!

[jefferson2]

VTAE up a whopping 91% this morning on positive news of its auto-immune disease related drug.

Fun one to play around with at the moment.

[Sugarphreak]

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[riander5]

Why is MEG hitting the shitter so bad?

[ExtraSlow]

I would assume the huge amount of debt is hurting MEG. The market really prefers lower leverage in this environment.

[asp integra]

hmm this MEG drop is enticing

[ickyflex]

What do people think about Paramount (POU).

11 bucks from 60 and this is a Riddell commpany... Looks enticing

[bjstare]

Originally posted by ickyflex
What do people think about Paramount (POU).

11 bucks from 60 and this is a Riddell commpany... Looks enticing

I bought in at over double that, needless to say I'm holding and will probably double down soon.

I'm waiting until oil drops below $40 again, I think we will see a new 52 week low for POU. And they have a lot of debt, so they'll continue to fall quickly (or moreso than TOU for example, another riddell company that I'm currently holding).

Just my 2c

[Sugarphreak]

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[avishal26]

Originally posted by Sugarphreak


I finally pulled the trigger on a bunch of it today

8% drop today - makes you wonder why such a huge drop when there is no news to support this, and other companies in a similar situation are only losing 2% or so.

MEG may have debt, but they are 2nd most efficient producer as far as I can tell after Cenovus (ie 2nd lowest cost per barrel to produce). Their recent quarter results were pretty encouraging - they have completely turned around from last year. MEG has also started deleveraging and is very well positioned when the economy turns around.

If only I wasn't seeing -55% on my portfolio right now maybe I would be happier :( And if only I had more money to put in MEG.... sigh

[Sugarphreak]

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[asp integra]

Picked up some MEG today and doubled my position on ATD-B

[ickyflex]

Originally posted by cjblair


I bought in at over double that, needless to say I'm holding and will probably double down soon.

I'm waiting until oil drops below $40 again, I think we will see a new 52 week low for POU. And they have a lot of debt, so they'll continue to fall quickly (or moreso than TOU for example, another riddell company that I'm currently holding).

Just my 2c

I do own TOU, I also own a bunch of AD (Riddell owns a ton).

Will probably make a move on POU in winter as well. I'm sitting tight on cash to ride this out

[Red@8]

I picked up some more MEG today as well. Avg now in the low $11.xx.

Still holding TBE patiently as well.

[ickyflex]

Originally posted by Red@8
I picked up some more MEG today as well. Avg now in the low $11.xx.

Still holding TBE patiently as well.

I made the decision to swap to BTE from TBE haha. At least I have a gorgeous capital loss I can maybe use in 20 years lol

[Inzane]

Is anyone following CSIQ (Canadian Solar) closely?

Trended over 2 years it seems to have a cyclical pattern, ranging from the low teens to about 40-ish on the high. It is currently sitting on the lower end.

What's the outlook?

[JustinL]

Looks like an interesting company with reasonable financials. Low energy prices make solar less appealing, but at the same time the ever present shift towards green energy seems to push demand for solar products up. I don't know anything about their products, but that's what I'd research first to see if they have some sort of sustainable competitive advantage over other manufacturers. In short, I have no idea which way this stock will go! That probably doesn't help :)

[Meback]

In BTE. 1000 Shares @ 6.16 I ll let you guys know how it goes. :rofl:

[SilverRex]

picked up some silver bars as well as SLW.to

didnt I hit the right timing with SLW annoucing a share buy back this morning.

[ercchry]

how about that MEG :nut:

[Sugarphreak]

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[ercchry]

still holding MEG, but was able to sell the other option contracts i picked up monday afternoon... MG and RRX, MEG is getting close, should of bought tuesday

[Sugarphreak]

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[Cos]

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[Sugarphreak]

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[max_boost]

Outlook on the TSX moving forward? Are we safe here at 13,800? or we have some more to give back.

[Cos]

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[slick2404]

I'm still stuck with LRE and TBE, not sure if I should cut my losses or ride it out at this point..

[Sugarphreak]

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[BavarianBeast]

BXE is having a nice run this week.

[riander5]

Made some good money on options lately

Did some calls a month ago on DIS at 100 strike price expiry mid oct

Bought UA Oct 02 calls @ 98 strike price back at the beginning of sept. Closed it yesterday 2.5x profit

Currently up about 34% on my NKE 115 oct 16 calls

Playing options since the S&P dipped a month back has erased all my o&g losses TFSA is almost back at even!! Wahooo

Currently holding CPG, TBE, ATH, SGY and BNK all sitting at +/- 5% losses (30k between the 5). Feeling good about my entry and a long term hold on them

[JustinL]

Originally posted by Sugarphreak
I think I am done with O&G for a while.... but I have no idea what else to invest in right now


Originally posted by Sugarphreak
lol, I just made a killing buying and selling MEG this morning... again

Funny guy!

[ercchry]

any of you pharma guys following lexicon (LXRX)? what do you make of today after the run they've had? good entry point or is it over?

[Sugarphreak]

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[ickyflex]

Originally posted by Cos


Yeah I was in for $22 or $23 all average. So almost back to zero. I don't need the cash so I'll probably hold all mine for quite a bit longer than I planned. BNE's rating is $40 so even if I get into the $30's in the next 6-12 months that will net me enough for me to be happy and pay off the wifes car.

Another good day for BNE!

[Cos]

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[phreezee]

Anyone buying VW?

[bjstare]

Originally posted by phreezee
Anyone buying VW?

The thought crossed my mind. But I don't think the hurt is over for them yet.

[rage2]

Anyone remember the VW Porsche short squeeze? That was a fun day.

[phreezee]

Yeah probably prudent to wait for the actual fine $ amount.

[bjstare]

Originally posted by cjblair
Might be a good time to buy some TCK.B put options

Did anyone listen to me?

[ickyflex]

Any thoughts on Altagas? Guess the market didn't like their offering

[riander5]

Originally posted by cjblair


Did anyone listen to me?

Did you elaborate on why to buy them or just said buy X

If the latter then im quite sure no one listened.

In other new im considering some LULU or NFLX call options. LULU punished from earnings but still a positive consensus, and NFLX seems to be a bargain right now

[bjstare]

Originally posted by riander5


Did you elaborate on why to buy them or just said buy X

If the latter then im quite sure no one listened.


This was more a facetious comment than anything. My post that suggested buying them was based on nothing more than a gut feel, I just guessed right this time haha.

Originally posted by riander5

In other new im considering some LULU or NFLX call options. LULU punished from earnings but still a positive consensus, and NFLX seems to be a bargain right now


RE: NFLX, I've thought about getting into a long position a few times in the past couple months, but I just can't convince myself their price is going to go up. There's a bunch of competition cropping up, and actually proving it is viable competition (i.e. Amazon). I think rather than a bargain, NFLX is just becoming "right-priced". my 2c :dunno:

[riander5]

Originally posted by cjblair


This was more a facetious comment than anything. My post that suggested buying them was based on nothing more than a gut feel, I just guessed right this time haha.


RE: NFLX, I've thought about getting into a long position a few times in the past couple months, but I just can't convince myself their price is going to go up. There's a bunch of competition cropping up, and actually proving it is viable competition (i.e. Amazon). I think rather than a bargain, NFLX is just becoming "right-priced". my 2c :dunno:

Like when i said "buy YANG"

Which i did, but then sold for 5% gains and missed out on 80% a month or so back. Damn it!!!! shoulda listened to both our guts

[bjstare]

Originally posted by riander5


Like when i said "buy YANG"

Which i did, but then sold for 5% gains and missed out on 80% a month or so back. Damn it!!!! shoulda listened to both our guts

Always easier to listen to your gut in hindsight than it is in real time, with real money haha.

[JustinL]

I'm still long on NFLX. It could be argued that they have a lot of competition in the streaming service department, but they keep knocking it out of the park content wise which I think is a bigger advantage than the technology.

[ercchry]

looks like the VW selloff is over... :nut:

[phreezee]

VW still has class actions on top of the fines they'll face. They say they are setting aside $9B to deal with this.

[bjstare]

Originally posted by phreezee
VW still has class actions on top of the fines they'll face. They say they are setting aside $9B to deal with this.

:werd: I think this is far from over.

[ickyflex]

BTE just killing me lately

[NoXcuses]

Same with BNK....

[ickyflex]

BTe down 8.5% today.

Hasn't gone up for weeks. Wonder if something is cooking up.. it traded higher on the flash crash day

Edit: Make that 12.5% now wtf

[Nova316]

BTE Still bleeding, crazy

[ickyflex]

15% now... seriously wtfffffff

Tempted to average it down but it hasn't stopped making new 52 week lows for 3 weeks

[Vanish3d]

Originally posted by ickyflex
15% now... seriously wtfffffff

Tempted to average it down but it hasn't stopped making new 52 week lows for 3 weeks

It's f'd up. when oil is up it remains flat. When oil is slightly down it crashes.... I averaged down this morning when it was 5.... now still falling.

Same boat for MEG

[riander5]

Holding my nike 115 oct 16 call options over earnings. They better beat targets :whipped:

wait they release tomorrow after market

in it for another day!

[RX_EVOLV]

Bought some BTE @ $6 last week thinking it's a great deal, but had a bad feeling this morning so just got rid of everything at $5. I guess my gut was right, but not right enough to stop myself from buying in the first place hah

[ickyflex]

Originally posted by RX_EVOLV
Bought some BTE @ $6 last week thinking it's a great deal, but had a bad feeling this morning so just got rid of everything at $5. I guess my gut was right, but not right enough to stop myself from buying in the first place hah

Is your gut telling you re buy at 4? lol

I bought some at 6 sold at 6.80 and then rebought at $5.80.

Guess it's waiting time. Thinking of averaging down in after federal election

[RX_EVOLV]

Originally posted by ickyflex


Is your gut telling you re buy at 4? lol

I bought some at 6 sold at 6.80 and then rebought at $5.80.

Guess it's waiting time. Thinking of averaging down in after federal election

I bought both BTE ($6) and MEG ($9.20) last week. Within 2 days I had a bad feeling, but I chose to sell MEG for a small profit (~$9.4 I think) and held onto the BTE. Wish I sold BTE instead and held onto MEG lol.

If I were to buy into them again, I think I would buy MEG instead of BTE. $4 BTE would be very tempting though..

[bjstare]

Originally posted by phreezee
VW still has class actions on top of the fines they'll face. They say they are setting aside $9B to deal with this.

VW Also admitted to pulling the same stunt with Europe cars as well. :drama:

[riander5]

Originally posted by riander5
Holding my nike 115 oct 16 call options over earnings. They better beat targets :whipped:

wait they release tomorrow after market

in it for another day!

Well they crushed it and are up between 7 and 8% right now. Hopefully this can take my options from 40% gains to 150-200 % by tomorrow morning!

[bjstare]

Originally posted by riander5


Well they crushed it and are up between 7 and 8% right now. Hopefully this can take my options from 40% gains to 150-200 % by tomorrow morning!

Thought of you when I saw this


NIKE INC, Thursday close $114.79, +8.50 pct premarket

:thumbsup:

[riander5]

Originally posted by cjblair


Thought of you when I saw this



:thumbsup:

Yea held on and paid off for the risk. Currently up 250% on them and will sell at some point today

Im seriously looking at UA and FL for the next month before they report earnings as well. UA is killing it lately and FL just rides off the success of nike and under armour. Unfortunately i locked some money up in LULU and DIS options a few weeks ago otherwise i could have got in both ~5 % ago.

Anyhoo im no expert but if anyone wants to follow my advice on these ones if they come down a bit im definitely getting some calls on UA and FL before their earnings (~oct 20)

[Mostwanted]

Hey guys just wondering how did you guys start up on day trading, I would like to get into it,
since im in front of the computer as a drafter all day anyways, any recommendations on books on how to get started? or where to start?

[bjstare]

investopedia.com has more information than you could ever imagine on strategies, terminology etc. I've spent hours on there, and have barely scraped the surface of what they have to offer.

[riander5]

You can read all you want but from my experience i didnt learn much till i had skin in the game. Now i think that is terrible advice but thats what worked for me.

PS by 'worked' i mean i think im FINALLY up maybe 6% on my tfsa all in all after last years oil crash. So im no genius investor.

First book i read though was this - Technical Analysis of the Financial Markets

Good book! A bit dry though

[Mostwanted]

Originally posted by riander5
You can read all you want but from my experience i didnt learn much till i had skin in the game. Now i think that is terrible advice but thats what worked for me.

PS by 'worked' i mean i think im FINALLY up maybe 6% on my tfsa all in all after last years oil crash. So im no genius investor.

First book i read though was this - Technical Analysis of the Financial Markets

Good book! A bit dry though

Yeah, i was reading something about Timothy Sykes, I understand that im not gonna make 30,000$ in 1 week, i need to do more research and learning.

Only thing is, after all the learning and books, how the heck are you suppose to start. do you just go to a site, deposit some money, buy some stocks wait for it to go up or down, then sell, all in the same day. Cause im pretty sure, theres a bigger process of it. It would definitely be nice to have a mentor to follow around, cause hell i can read 10 books about penny stocks, and at the end of the day all i know is how to read graphs, etc.. but just starting out is the problem. :dunno:
:poosie: :dunno:

[Strider]

TCW today :eek:

Anyone buying at $1?

[JustinL]

Try some honest-with-yourself virtual trading. Set up a google finance profile and add some transactions with the commission. I stick to bigger companies as I've found penny stocks are a good way to lose your shirt in a hurry.

[ickyflex]

Bte again lol, something must be cooking

[troyl]

Originally posted by Strider
TCW today :eek:

Anyone buying at $1?

I doubled down at $1.07. 25.3 mm shares traded today, 17% of the float :eek:

[phreezee]

TCW is attractive since they own a lot of equipment and some patents, but lots of competitors doing better than them makes me weary that they can win the work when things come back. They also lost staff to competitors too.

[Sugarphreak]

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[troyl]

Do you still have shares Sugar?

[Sugarphreak]

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[know1edge]

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[GotRice?]

what are you guys using to look at your stocks? website? apps?

[BavarianBeast]

Originally posted by GotRice?
what are you guys using to look at your stocks? website? apps?

yahoo finance is my favorite

[Mostwanted]

Originally posted by know1edge


What are you looking for? Daytrading or investing? Most people here are more on the investing side
Timothy Sykes focuses on short selling pumped up penny stocks

For trading, take a look at this, and the included resources
http://greenbartrading.com/fundamentals-of-active-trading/

I want to day trade, looking for extra cash flow while its not as busy here at work, wouldnt hurt to learn a new skill during the down times.

[riander5]

Thank god i sold nike that day... but now getting destroyed on my UA options. Down 70% lol

[BavarianBeast]

Originally posted by BavarianBeast
ARIA MOTHER FUCKERS!!!

I JUST HIT THE FUCKIN LOTTERY!!

Just re-entered my position for close to 35% less than what I sold for a month ago.

Lets hit the lottery with this one again :D

[Gart]

Originally posted by Strider
TCW today :eek:

Anyone buying at $1?

To sum up my current position on this stock:

uuugggggghhhh.

[troyl]

Originally posted by Gart


To sum up my current position on this stock:

uuugggggghhhh.

I bought more today at $0.70. RBC was a heavy seller, maybe for end of q3 or fund balancing? PI net buyer of 2.7 million shares in big blocks. Hope they keep buying tomorrow.

[BavarianBeast]

Originally posted by BavarianBeast


Just re-entered my position for close to 35% less than what I sold for a month ago.

Lets hit the lottery with this one again :D

:bigpimp:

[riander5]

Originally posted by BavarianBeast


:bigpimp:

20% is a solid gain - is it really hitting the lottery tho? haha

[asp integra]

go MEG go! hehehe

[dirtsniffer]

IjSk9krYg5U

[BavarianBeast]

Originally posted by riander5


20% is a solid gain - is it really hitting the lottery tho? haha

I had A LOT of money in my aria position (like 50% of my portfolio) around $5.15, when it spiked there I sold 80% of my position for $9.48avg. I had an opportunity to sell at that price before that but felt a little more optimistic. It was enough to buy a new sports car, so it was like hitting the lottery for me!

[riander5]

Originally posted by BavarianBeast


I had A LOT of money in my aria position (like 50% of my portfolio) around $5.15, when it spiked there I sold 80% of my position for $9.48avg. I had an opportunity to sell at that price before that but felt a little more optimistic. It was enough to buy a new sports car, so it was like hitting the lottery for me!

GJ - next time post your suggestion with more emphasis so we can all win sports cars damn it!! I tried to push my nike calls on everyone!!!! No one listened... and i only had the balls to put 3k in as my initial investment lol:banghead:

[SilverRex]

slw.to tagging along nicely. hopefully the bottom is in and start to ride a bull trend for the next few years.

regret not jumping in with both feet when pwt at 62 cent. 7 years ago I would have borrowed and risk it all lol cant do that anymore with a family to feed.:thumbsup:

[ickyflex]

I'm so fcking glad i tripled down on BTE at $4.05

[cloud7]

Anyone bet on PWT lately? A week ago, it was $0.70 and now it's just below $1.5... I must say I am surprised at how this one turned around despite what they are doing there recently.

[BavarianBeast]

I think PWT may be a good buyout target :dunno:

MEG is sure taking a nice run.

I nearly bought MEG on the NYSE by accident close to a month ago, would of been up 50% lol.

[Cos]

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