Official Short-term Investments Thread

[JustinL]

Originally posted by 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.

I'm in on PWT... but I'm also still a ways away from being even on it. :(

[Matty_10]

TBE rally fail :banghead:

[quick_scar]

Thoughts on TSE:VII and TSE:POU?

[BavarianBeast]

How bout dat fitty barrel?

[bjstare]

Originally posted by quick_scar
Thoughts on TSE:VII and TSE:POU?

I've been holding POU for a long time. If (when?) oil goes down again, they'll drop a reasonable amount and I'll put more money into it at that point.

[riander5]

Head and shoulders forming on crude daily chart? Who thinks this will be sustained and who thinks oil will head back to 40?

I think ill set some stop losses up....

[bjstare]

I'm betting it goes down below $40 before we see a real comeback in WTI price.

[cloud7]

Crude stockpiles will keep increasing in the weeks and months ahead. I am buying HOD and looking at a sweet pay day sometime in the near future. No way oil can stay above $50.

[max_boost]

HOD. That's ballsy. :D Straight drop to $30 and you'll be laughing so hard

Good call so far. I know a few ppl stuck on HOU lol :devil:

[Kloubek]

Goes to show how little I know about investing. I had to look into what you guys were talking about, and had no idea you could invest on the fluctuation of the market itself like that.

Maybe I should keep the few thousand I reserved for investing in my pocket. :)

[max_boost]

Yea I'm gonna wait for the market to bleed some 600-800pts and then hopefully catch it on a rebound. Risking $100k to make 5-6k :rofl: if i get caught, sit back and collect the 3%. :banghead:

[cloud7]

Originally posted by max_boost
HOD. That's ballsy. :D Straight drop to $30 and you'll be laughing so hard

Good call so far. I know a few ppl stuck on HOU lol :devil:

I am not looking for a straight drop to $30 and I don't think it will happen. I only need it to go down a little bit and get out. I will laughing so hard if it goes to $40, but I'll probably brought and sold it (and maybe even HOU) a few times before it gets down to $40. It was a no brainer (for my at least) to go HOD, but I have been wrong many times before... that's why this is a short term play to minimize exposure to risks.

[Sugarphreak]

...

[max_boost]

Alright bro. I'm gonna pick up some XEG, collect my 3% and average down if necessary. :thumbsup: I like my ETF's :D

[max_boost]

Good day for gold stocks. Picked up some XGD at $9.

[phreezee]

Originally posted by Sugarphreak
I think this is it, the bottom. At least for energy stocks.

I loaded up on a ton of new stock today.... Meg, Imperial, Cenovus, Suncor, Bonterra

My first reason is I think that oil prices were being held down artificially, and they are starting to bubble up again no matter how much Saudi & market speculators wants to press them down. Things like storage capacity levels were exaggerated, and demand is starting to outstrip supply again.

My second reason is that companies can make a profit in a 40$ oil market, and very easily in a 50$ market. They are finishing off writing off losses and now making purchases, starting new projects, and even engaging in asset buying / take overs.

Anyway, hopefully this goes my way over the next couple of months

Calling the bottom before election results and NDP budget? Seems risky.

[Kloubek]

In on RXII as of this morning. They are supposed to speak at a Summit this Sunday. Lots of speculation it's going to spike; here's hoping.

[ickyflex]

Oil API up 9.1MM bbls damnnn

[know1edge]

.

[cloud7]

Originally posted by ickyflex
Oil API up 9.1MM bbls damnnn

EIA report comes out tomorrow. It will for sure show another increase in crude stockpiles. It should drive crude oil futures lower tomorrow.

[ickyflex]

TOU getting slammed from production update.

Thoughts on opportunity to pick up some more?

[Kloubek]

Originally posted by know1edge


Actually, there's a conference tomorrow, Sunday, AND Wednesday. I bought in on Friday

I don't get what is going on with this stock. Something is amiss. It's dropped dramatically, despite amazing results in the presentations. At this point, I'm likely in for the long haul.

[ercchry]

Originally posted by Kloubek


I don't get what is going on with this stock. Something is amiss. It's dropped dramatically, despite amazing results in the presentations. At this point, I'm likely in for the long haul.

Pharma stocks have crazy volatility, news usually just creates movement while its happening... to see growth they not only have to have good news, but it must beat the expectations already built into the price. When i saw you post about this summit my first thought was "lets revisit this stock friday afternoon" why? Cause with things like this happening there is almost always a drop right before... and a 10% drop is just about perfect... so i bought a couple shares, i've been dabbling a bit in this industry. Currently riding the waves of LXRX, $0.10 more drop and im buying back into them, did a solid 5% buying in and out yesterday :nut:

[Sugarphreak]

...

[max_boost]

Outlook on gold stocks? They have come back a bit but IMO still low like energy. Financials are the only thing keeping the TSX up.

[know1edge]

.

[SilverRex]

Originally posted by max_boost
Outlook on gold stocks? They have come back a bit but IMO still low like energy. Financials are the only thing keeping the TSX up.

I have been watching closely on the technical's on gold/silver prices. I think we are in the very early stages of a stronger price move. I have exited all my position to lock in some profits and waiting on the side line for some retracement / key levels to turn over before jumping back in.

note. according to one Elliot wave counter I am following it appears the broad equity market (dj/s&p) still has legs to produce one more new high.

if this count is valid, then obviously stock will continue to perform well in the next few months. The real fun begins once this multi-decade long bull run completes and begins to unwind into a decade long decline (depression?)

[Sugarphreak]

...

[ickyflex]

Originally posted by Sugarphreak
Well fuck a duck... :banghead:

Pretty much sums up my 2015 so far

agreed

[SilverRex]

re-entered in a few mining stocks for my first position. will add more if it dips another wave.

[bjstare]

Anyone getting ready to jump into HOU?





Originally posted by ickyflex
TOU getting slammed from production update.

Thoughts on opportunity to pick up some more?


insider Mike Rose acquired 1,000 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was acquired at an average price of C$29.20 per share, with a total value of C$29,200.00. Also, Director Clayton H. Riddell acquired 90,000 shares of the firm’s stock in a transaction on Tuesday, September 22nd. The stock was purchased at an average cost of C$31.08 per share, with a total value of C$2,797,200.00.

If this is any indicator, todays price represents a decent time to avg down; I'm considering it. The only thing that has me concerned, is we'll probably see it lose a couple more bucks per share if oil gets to low 40s/high 30s again. :dunno:

Overall, I think it's a good buy now, and represents a great opportunity as long as you're willing to hold for 6-12 months.

[ickyflex]

Originally posted by cjblair
Anyone getting ready to jump into HOU?








If this is any indicator, todays price represents a decent time to avg down; I'm considering it. The only thing that has me concerned, is we'll probably see it lose a couple more bucks per share if oil gets to low 40s/high 30s again. :dunno:

Overall, I think it's a good buy now, and represents a great opportunity as long as you're willing to hold for 6-12 months.

Yeah, I was thinking of picking some up today or over the winter.

It's supposed to be a crappy winter for nat gas so could be more downside.

I have my share via PP at $10, so it's an easy hold but wouldn't mind grabbing some more right now.

[Matty_10]

Ouch, anyone going to pick up some VRX

[max_boost]

Originally posted by cjblair
Anyone getting ready to jump into HOU?








If this is any indicator, todays price represents a decent time to avg down; I'm considering it. The only thing that has me concerned, is we'll probably see it lose a couple more bucks per share if oil gets to low 40s/high 30s again. :dunno:

Overall, I think it's a good buy now, and represents a great opportunity as long as you're willing to hold for 6-12 months.

Should consider HUC. The volatility of the 2X leverage could kill ya. It has killed me in the past. lol

[bjstare]

Originally posted by Matty_10
Ouch, anyone going to pick up some VRX

Heck no, this could get worse for them before (if ever) it gets better.


Originally posted by max_boost


Should consider HUC. The volatility of the 2X leverage could kill ya. It has killed me in the past. lol

I think maybe my post wasn't clear enough. The HOU question was independent from the rest of the post (TOU discussion) haha. I wouldn't consider holding a 2x leveraged holding for longer than a week or two! :burnout:

[SilverRex]

just my 2cent, technically it would appear oil may have completed a C wave at 37 or double bottom since 09 call it what you will. I've always expected oil to put this in before it's next parabolic rise to the moon (and no a lower c wave does not have to be lower than A set in 09, just dont expect it to triple in near term, the initial rise could take a while but will watch closely for a corrective retracement and double down when the time comes.

I too learn my lesson playing the oil sector back the day, anything with futures can hurt you hard and fast. I suggest oversold energy stocks with high dividend

[quick_scar]

Originally posted by SilverRex
I suggest oversold energy stocks with high dividend

Examples?

[BavarianBeast]

Originally posted by quick_scar


Examples?

CONOCO PHILLIPS
PEYTO

Anybody getting in on $RACE?

[Red@8]

I'm going to start looking at RACE. I'm curious to if anyone has any thoughts on this!?!?!

[JustinL]

I'm intrigued by RACE... but I don't feel like I understand it well enough to invest. It's not really a true IPO as it's being spun out and control of the company is pretty well locked up with Fiat still. Using my keen sense of "the feels", I think the big fish are going to extricate themselves from the stock taking big chunks of money with them and knocking the stock down over the next 6-12 months. I'll watch it and reassess later.

[ickyflex]

O Leary on Race

http://www.bnn.ca/Video/player.aspx?vid=731908

Give perspective on multiples etc

[bjstare]

I definitely plan on buying RACE at some point. Having said that, no way am I gonna buy it soon. I’ll watch it for at least 6 months first.

[bjstare]

Anyone still holding AMZN? This is turning into a long term investment for me.

But either way, :burnout: :burnout:

[JustinL]

Originally posted by cjblair
Anyone still holding AMZN? This is turning into a long term investment for me.

But either way, :burnout: :burnout:

I'm still in on AMZN, I'm into all my portfolio for the long term. The long term investment thread is so quiet though :)

[SilverRex]

mining stocks started well, will see how the rest of the day goes

[bjstare]

SKX dropped a shit load on their earnings miss. Anyone have any thoughts on picking some up?

[Sugarphreak]

...

[bjstare]

^Probably has to do more with MEG's plan to enable positive cash flow even though oil price is in the toilet. But I'm assuming you already knew that and were just being facetious.

Did a quick trade on FL this week and made a quick 4%. Just didn't want to hold onto them for the next couple weeks til they announce earnings.

Anyone have any thoughts on the agressive tech sector growth this year? When it's going to pull back?

[riander5]

GPRO is certainly helping with a pullback. Fuckers missed their first earnings in their history and I bore the brunt of it :(

High hopes for EA earnings tho... Madden 16, Fifa 16, battlefront pre orders.....

[bjstare]

Originally posted by riander5
GPRO is certainly helping with a pullback. Fuckers missed their first earnings in their history and I bore the brunt of it :(

High hopes for EA earnings tho... Madden 16, Fifa 16, battlefront pre orders.....

I was thinking about buying GPRO or AMBA a couple days ago. Decided to do a that trade with FL instead, I just couldn’t stomach the risk of holding GPRO over earnings. If I had more money to play with, I would have done a straddle with GPRO for sure, but oh well.

[oogaboogie]

DRT.TO just posted record quarterly revenue...
https://ca.finance.yahoo.com/news/dirtt-announces-record-results-q3-231700727.html

"The increase in revenue was the result of continued momentum throughout North American markets, as well as the strengthening US dollar. During the third quarter of 2015, the Company saw the contribution from the energy sector as a percentage of total revenue drop from 22% in Q3 2014 to 6% in Q3 2015. The drop was likely the result of falling energy prices over the last year. This decline was more than offset by increases in revenue from the financial, insurance and real estate; management, professional and scientific services; retail trade; and manufacturing sectors. "

[riander5]

Originally posted by cjblair


I was thinking about buying GPRO or AMBA a couple days ago. Decided to do a that trade with FL instead, I just couldn’t stomach the risk of holding GPRO over earnings. If I had more money to play with, I would have done a straddle with GPRO for sure, but oh well.

You still would have been out of the money with a straddle no?

I lost money on EA as well. But made money on linkedin and expedia.

All in all didnt make or lose anything, just stress for nothing lol

[ickyflex]

Keyera had really good earnings

[bjstare]

Originally posted by oogaboogie
DRT.TO just posted record quarterly revenue...
https://ca.finance.yahoo.com/news/dirtt-announces-record-results-q3-231700727.html

"The increase in revenue was the result of continued momentum throughout North American markets, as well as the strengthening US dollar. During the third quarter of 2015, the Company saw the contribution from the energy sector as a percentage of total revenue drop from 22% in Q3 2014 to 6% in Q3 2015. The drop was likely the result of falling energy prices over the last year. This decline was more than offset by increases in revenue from the financial, insurance and real estate; management, professional and scientific services; retail trade; and manufacturing sectors. "

Up 14% on open:clap:


Originally posted by riander5


You still would have been out of the money with a straddle no?

I lost money on EA as well. But made money on linkedin and expedia.

All in all didnt make or lose anything, just stress for nothing lol

I might have marthed it.

I also have to decide where to put my money now. I sold off a few things that I was doing pretty well on, but I'm not sure where to go haha. I wanted to try and get out of the tech sector (which I was really heavy on), cause I think it's going to have a correction sometime soon, but now I'm lost. And I don't just want to stick it in etf's, cause :zzz:

[BavarianBeast]

Hell ya DIRTT!

Love this company. Have lots of faith that I'll see a very nice return from them.

[riander5]

Hold DIS over earnings or get rid of em? They got dragged down today by warner

[bjstare]

I thought about picking DIS up today, but decided to wait and see what earnings brings for them.

[phreezee]

Weed stocks up 60% and 38%, thanks Justin!
:D

[quick_scar]

Can anyone explain the drop in POU this morning? The results as I read them look pretty good. Can anyone point out what I missed from the release, or what is causing the drop?


EDIT***I found the piece I missed... Analysts were expecting -0.58 EPS. They reported -1.62EPS. Damn. Today is costing me.

[RawB8figure]

What other marijuana stocks should I be looking at besides CGC.V. ?

[phreezee]

Originally posted by RawB8figure
What other marijuana stocks should I be looking at besides CGC.V. ?

I'm in Aurora too since they have a facility in Alberta.

[bjstare]

Originally posted by quick_scar
Can anyone explain the drop in POU this morning? The results as I read them look pretty good. Can anyone point out what I missed from the release, or what is causing the drop?


EDIT***I found the piece I missed... Analysts were expecting -0.58 EPS. They reported -1.62EPS. Damn. Today is costing me.

I tripled down on POU yesterday haha, I was waiting for a steep drop like that. If they get dragged into the $5-7 range like they did in '08 I'll probably buy more, but if they hit $16-17 before then, I'm out.

Also, is anyone dabbling with DWTI and UWTI?

[ercchry]

Missed out on huge gains on lxrx this week... ended up only closing out 16% :cry:

[SilverRex]

mining companies took some beating lately. depending on what you think, to me I see opportunity. I have increased my position significantly and while the US has a high likelihood to raise rates in December which in turn strengthens the dollar further and hence weakens the commodity sector. I am going to bet against this as raising rates at the beginning of a cycle actually drops the dollar. In other words if this is true then we will have some decent return across all commodity indexes in 2016 and yes that includes oil.

[Matty_10]

PTA getting bought out by Gran Tierra up 38%, bout time I made some money off an oily.

[riander5]

Originally posted by Matty_10
PTA getting bought out by Gran Tierra up 38%, bout time I made some money off an oily.

Thats a miracle. PTA has dropped like 70-80% in the last year havent they? Most people who bought in would still be under water

[cloud7]

Crude oil December contract is testing $40 per barrel. I wonder how low it will go. I am now looking for an exit on my HOD but will probably will wait til mid-next week before I consider a move.

[max_boost]

Will we see 12XXX by the end of trading day?

[rx7_turbo2]

Originally posted by BavarianBeast


I'm holding it until 0 cents or 20 cents. Whatever comes first.

Looking like 0 cents :cry:

It is therefore highly likely that Iona's wholly owned UK subsidiaries, Iona Energy (UK) Company plc ("Iona UK") and Iona UK Huntington Limited ("Iona Huntington"), will commence insolvency procedures to protect the interests of all stakeholders in coming days. Given the level of senior secured debt owed by Iona UK under its bonds ("Bonds") and the concentration of Iona's assets in Iona UK, it is highly unlikely that there will be any residual value for shareholders of Iona.

[jefferson2]

Let me introduce you to a massive pump and dump, if you haven't heard of them already.

AVXL, or Anavex Life Sciences, claims to have a cure for Alzheimers.

The science is actually quite decent on their drug, and they just announced a double blind placebo controlled study.

Cue... the PUMP!

It's currently up a whopping 80% today alone. It's been pumped once already, from $1 to $14, and it appears it might be on track to keep going up.

Word of caution, when this thing drops, it drops hard.

GL to all, throw a couple hundred into this, set your stops, and check back in a week or two.

[SilverRex]

just a quick reminder for those investing in oil, imo

looking at the chart for oil price in the past 3 decades, oil hit a double bottom at 10 dollars and after breaking out above 40 dollars, it is now trying to create another double bottom around this price.

anything at or below 40.00 oil is a good price to invest in.

[bjstare]

^I hope you're right, given that I doubled down on a couple things in the $40.XX range.

Does anyone know what's up with WTI price reporting? I can't seem to find a reliable source. TD Direct is reporting 41.59, CNBC reporting 39.39 (but stalled at 12:30 MST)... is something going down that I'm missing?

Also CME Group futures reporting for Dec '15 is stalled, but Jan '16 onward is still updating every 10 min. :confused:

[cloud7]

For long term investment, there is not doubt that the current prices are great. For the short term though, the big question is how low oil can go before it turns around. Just a few weeks ago, I would have never thought oil would be below $40 ($39.39 today).

[ExtraSlow]

I think the CME is because they have rolled over the month maybe? January is now the "front month". That's just a guess, I'm a newb on this stuff.

[Kloubek]

I have a bunch of investments in oil or oil-related stocks as well. They haven't been doing much of anything lately, but I purchased them with the anticipation for the upturn... whenever that might be.

[cloud7]

Originally posted by cjblair
^I hope you're right, given that I doubled down on a couple things in the $40.XX range.

Does anyone know what's up with WTI price reporting? I can't seem to find a reliable source. TD Direct is reporting 41.59, CNBC reporting 39.39 (but stalled at 12:30 MST)... is something going down that I'm missing?

Also CME Group futures reporting for Dec '15 is stalled, but Jan '16 onward is still updating every 10 min. :confused:

$39.39 is what I got too on two sources. Today is the when the Dec 15 contract expires and floor trading at NYMEX closes everyday at 12:30 our time... maybe it has something to do with that? could it be no more electronic trading for the Dec contract?

[bjstare]

Originally posted by cloud7


$39.39 is what I got too on two sources. Today is the when the Dec 15 contract expires and floor trading at NYMEX closes everyday at 12:30 our time... maybe it has something to do with that? could it be no more electronic trading for the Dec contract?

That would make sense.*


*Disclaimer: I'm a rookie, so whether it makes sense to me or not is pretty irrelevant.:rofl:

[ickyflex]

Originally posted by cjblair


That would make sense.*


*Disclaimer: I'm a rookie, so whether it makes sense to me or not is pretty irrelevant.:rofl:

That is correct.

Contract expired today at $39.39, New contracts started at $4x.xx so that's why there is two numbers flying around today

[riander5]

Fucking bankers got pumped today. Thats 20% of my tfsa taking the hit. Mother fucking albanians!!!

[NoXcuses]

Originally posted by riander5
Fucking bankers got pumped today. Thats 20% of my tfsa taking the hit. Mother fucking albanians!!!

Took quite the hit on that one as well...

[cloud7]

Looks like oil is taking another run down toward $40 today. EIA reported that crude oil stockpile increased by 1.2 million barrels last week... not a surprise, but I guess some experts expected that number to be smaller or the stockpile to be decreasing. I wonder which way oil will go after the OPEC meeting this week.

[troyl]

Trican at $0.62 :eek: oooops. Please cut on Friday OPEC.

[ercchry]

BNN today is fucking depressing... Looks like Saudis figure $40 isn't enough to kill off the shale plays... $28 was just predicted :barf:

[bjstare]

Originally posted by ercchry
BNN today is fucking depressing... Looks like Saudis figure $40 isn't enough to kill off the shale plays... $28 was just predicted :barf:

You have to try and remember though, predictions don't mean shit. You can find people predicting $20 oil in 2016, as well as $60 oil in 2016.

Having said that, I'll agree today is a depressing day haha. I'm trading WTI ETFs a bit and I was hoping for a little bounce today so I could unload some UWTI...obviously that's not happening.

[ercchry]

Gold ftw :bigpimp:

[sputnik]

Originally posted by ercchry
BNN today is fucking depressing... Looks like Saudis figure $40 isn't enough to kill off the shale plays... $28 was just predicted :barf:

The real question now is if the Saudis have enough money to hang on until $28.

If oil bounces around the $40 mark for too long the Saudis might be in a lose-lose scenario.

[sputnik]

Originally posted by ercchry
Gold ftw :bigpimp:

More like ... Nasdaq, S&P500 and DJIA

I am moving more and more money into the US and International markets these days.

The only Canadian holdings I still have are with the banking industry, some larger manufacturing and retail (CoucheTard and Canadian Tire).

[bjstare]

Originally posted by sputnik


More like ... Nasdaq, S&P500 and DJIA

I am moving more and more money into the US and International markets these days.

The only Canadian holdings I still have are with the banking industry, some larger manufacturing and retail (CoucheTard and Canadian Tire).

Agreed. Currently I'm about 60% in US markets, but I'm transitioning more as time goes on.

[Vanish3d]

Bad time to be stuck in HOU.... was really hopping for at least a short term bounce at $40 :banghead:

[riander5]

Dont worry i was in the same boat but with UWTI

[SilverRex]

taking a small position in PWT just for fun with the gains i made from my recent gold/silver mining stocks.

also switched my position in slw to yri in anticipation that the recent gold rally will extend (actually I had both slw/yri but seeing how well yri has performed since I increased my position significantly on nov11, I am merely moving all my slw holdings into yri)

[ickyflex]

Markets today :cry:

[SilverRex]

Originally posted by ickyflex
Markets today :cry:

yup I have no faith in the general stock market right now except commodities. Considering all major asset classes are all extremely beaten down yet the equity market continues to inch higher. This divergence isnt healthy and imo is not sustainable. Something will give, either an extreme rally in the asset sector in 2016 or another stock market crash.

2016 will be a fun year to watch :D

[bjstare]

Originally posted by Vanish3d
Bad time to be stuck in HOU.... was really hopping for at least a short term bounce at $40 :banghead:



Originally posted by riander5
Dont worry i was in the same boat but with UWTI

Hopefully you guys got out before today?

I cashed out of UWTI and crystallized a loss. Decided to dump the money into XLE in the meantime, it's a lot nicer to hold for a few weeks than a degenerating leveraged fund haha.

Once oil starts to trend anywhere but sideways, I'll start thinking about DWTI/UWTI again.

[riander5]

My TFSA was at a 50% gain in the summer

Those have all been erased now back to even. :banghead:

[bjstare]

Originally posted by riander5
My TFSA was at a 50% gain in the summer

Those have all been erased now back to even. :banghead:

I'm looking at something similar (although my gains weren't as good as yours). Tough to see, but whenever I feel down about it, I just chart my TFSA against the S&P/TSX composite returns and it makes me feel better haha.

[max_boost]

I have a long term portfolio that I don't touch but I do day trade the Top60 (XIU). It's always profitable, 2-3% here there is better than a day's work. Today looks like a good day to dump a couple thousand shares unless it drops another 300pts tmr. Back to back slaughterhouse. :nut: :dunno:

[Vanish3d]

Originally posted by cjblair





Hopefully you guys got out before today?



No..... debating pulling the trigger at a big loss now, but as soon as I do I know it'll jump up to $40 just to taunt me

[cloud7]

Originally posted by Vanish3d
Bad time to be stuck in HOU.... was really hopping for at least a short term bounce at $40 :banghead:

Oil will go back up... Provided that you haven't bought HOU at a really high price, then you may not have to sit too long to break even. I got in on some positions at $7 and I am not worried. I knew that it is more of a longer term play when I bought it.

[ercchry]

Originally posted by cloud7


Oil will go back up... Provided that you haven't bought HOU at a really high price, then you may not have to sit too long to break even. I got in on some positions at $7 and I am not worried. I knew that it is more of a longer term play when I bought it.

Leveraged long term holds don't work... Even if oil goes up I doubt you'll break even