Official Short-term Investments Thread

[Sugarphreak]

...

[roopi]

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.



Originally posted by ercchry


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


Listen to what ercchry said and read up about HOU or search this thread. It's been discussed in this thread and HOU cannot be held hoping for oil to recover. You will lose (like many people have learned the hard way).

[max_boost]

lol come on Beyond we have been through this before on HOU/HOD etc.

Go use excel and watch it go to zero :rofl: Because even the smart ones will prefer to watch it go to zero than sell at a loss. It's amazing. :rofl:

[jefferson2]

Love your Keurig?

Let it pay you one last time!

GMCR (Keurig Green Mountain) today announced that it has entered into a definitive merger agreement under which a JAB-led investor group will acquire Keurig Green Mountain for $92.00 per share in cash, or a total equity value of approximately $13.9 billion.

http://www.streetinsider.com/Corporate+News/JAB+Holding+to+Acquire+Keurig+Green+Mountain+%28GMCR%29+for+$92Share/11130683.html

What's the play?

Buy the stock now (currently trading at $89.xx), and get paid $92 in Q1 2016.

Quick easy way to get 3% return, or 12% on an annual basis.

Something safer than the oil bets we all love.

[bjstare]

Originally posted by roopi






Listen to what ercchry said and read up about HOU or search this thread. It's been discussed in this thread and HOU cannot be held hoping for oil to recover. You will lose (like many people have learned the hard way).

Can't overstate this. And UWTI/DWTI value will deteriorate faster than HOU/HOD.

Max Boost made a good point a few pages back - if you're looking for a long term hold that moves (kind of) with the price of oil, get XEG (or if you want to do it in USD, get XLE). Alternatively, CCX could be an option for a longer hold, although it's a pretty young fund and trades at very low volume in comparison to the other two I mentioned, that's a bit of the reason I've stayed away from it.

[max_boost]

Xeg is the energy index for the tsx and that has been killed as well (of course)

Try HUC. It's oil futures no leverage but for the next dec delivery. I don't get it. Why can't they just put out a non leverage HOU. They have it for the other commodities. :nut:

[bjstare]

Originally posted by max_boost
Xeg is the energy index for the tsx and that has been killed as well (of course)

Try HUC. It's oil futures no leverage but for the next dec delivery. I don't get it. Why can't they just put out a non leverage HOU. They have it for the other commodities. :nut:

Unless I'm marthing, a non leverage HOU (or HOD) is CCX.

Smart investment people care to chime in?

[cloud7]

Originally posted by roopi

Listen to what ercchry said and read up about HOU or search this thread. It's been discussed in this thread and HOU cannot be held hoping for oil to recover. You will lose (like many people have learned the hard way).



Originally posted by max_boost
lol come on Beyond we have been through this before on HOU/HOD etc.

Go use excel and watch it go to zero :rofl: Because even the smart ones will prefer to watch it go to zero than sell at a loss. It's amazing. :rofl:

I absolutely agree. I should have clarified myself a little better. I am not worried YET with my HOU since I have more HOD on hand. But I might take my gains today since $ in the pocket is always better than $ sitting in the market... given how volatile for the foreseeable future.

[SilverRex]

while I am long gold/silver mining stocks I am going to take some gains off the table and reduce half my position in yri in anticipation that we have not seen a capitulation move down. If and when this happens I will load it right up and prosper in 2016

[cloud7]

According to the EIA, crude oil inventory decreased by 3.6 million barrels last week (more than API's number). This is at least some news for WTI after a few days bad news.

[quick_scar]

Originally posted by cjblair


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.


Still holding?

I think if they can pull off the asset sale they are looking at, it will fix their balance sheet quite a bit and allow them to ride this out. My guess is ~12 share price if the sales go through. thoughts?

[JustinL]

You guys have balls buying into money losing companies during falling prices. It seems like lottery ticket stocks at this point, but I will be very impressed if you can catch this falling knife.

[max_boost]

Originally posted by cloud7





I absolutely agree. I should have clarified myself a little better. I am not worried YET with my HOU since I have more HOD on hand. But I might take my gains today since $ in the pocket is always better than $ sitting in the market... given how volatile for the foreseeable future. Oh man good run for HOD haha $11 to $18 haha much guts required. :nut: :thumbsup:

[bjstare]

Originally posted by quick_scar


Still holding?

I think if they can pull off the asset sale they are looking at, it will fix their balance sheet quite a bit and allow them to ride this out. My guess is ~12 share price if the sales go through. thoughts?

Yeah I'm either holding until I make money or it flatlines, it only represents a small % of my portfolio.

It kind of goes without saying that their ability to ride this out depends on just how long oil prices are depressed like this. I have faith they will, but who knows - it is a bit of a gamble, as previously mentioned. TBH I have no idea what to expect for a share price if they're able to unload some assets. I gotta think it will help, but doubling it from where we're at today? Not sure.

[liquid1010]

Any thoughts on PennWest (PWT) or Painted Pony (PPY)?

[SilverRex]

Originally posted by liquid1010
Any thoughts on PennWest (PWT) or Painted Pony (PPY)?

ive bought some pwt near 1.00 just for fun given there will be alot of whipsaw with oil trading under 40 (while it find's its low) there will be alot of swings in both directions. it is a pure short term play for me

technical wise on oil the current wave count target is at 35.89 then we should see another rally back to retest near the 40 range with a steeper downside target that could reach as low as 32 dollar unless it can invalidate the current resistance over 40.70 area

ive just exited all my mining stocks position in anticipation for a final drop in the metals sectors and will re-enter at a better price

[Red@8]

Holy TBE getting killed.

[Vanish3d]

Originally posted by SilverRex


technical wise on oil the current wave count target is at 35.89 then we should see another rally back to retest near the 40 range with a steeper downside target that could reach as low as 32 dollar unless it can invalidate the current resistance over 40.70 area




So.... how about that rally right about now? ..... below 35.89....

[SilverRex]

Originally posted by Vanish3d



So.... how about that rally right about now? ..... below 35.89....

yes possible bounce with larger target still to be fulfilled in the 32.xx area unless 40.70 is broken to the upside.

I sold my pwt yesterday with a 20% gain and looking to buy back so very tempting.

I have re-opened a small position in yri as gold rebounded strongly taking out an important resistance which now gave some life with a possibility of further strength. (over all technical picture still looks bearish) will conserve my ammo if a better opportunity/price presents itself

update: sold pwt for a mere 5% gain very little activity. dont want to hold this over the weekend with the potential of a gap down on monday. The big rate hike next week should bring back volumn

[Feruk]

Any thoughts on TBE? They're down like 40% in a few days and seem financially significantly healthier than some of their competition.

[max_boost]

Next stop 12500 TSX tomorrow? :cry:

[Xtrema]

Originally posted by max_boost
Next stop 12500 TSX tomorrow? :cry:

Looks that way, the day isn't over yet. :cry:

I'm kinda glad I diverted some outside Canada but still hurts.

[roopi]

Started buying TCK.B today. Will most likely add over the next few months as it bottoms out.

[ickyflex]

Originally posted by Feruk
Any thoughts on TBE? They're down like 40% in a few days and seem financially significantly healthier than some of their competition.

They are seeking strategic alternatives currently. Market doesn't seem to like it nor do they think anything will come out of it. Saunders has totally lost the faith of any investor so it's a gamble more than anything but I don't disagree they have a somewhat cleaner balance sheet than others in their range.

[SilverRex]

well the short term oil counter rally is finally happening, pwt is rising as expected. unless the rally can close above 40.70 and also depending how the wave structure of the rise unfolds expectation is that it will be short lived as it still may fulfill the 32.xx area target. (worse case scenario pegs further downside into the 2x.xx as well as 13-16 dollar oil. Scary stuff. If anyone is playing oil right now, keep it short term and continue to buy back or look for better price entries

[max_boost]

America raises rates .25, stocks rally. Continuous rally? I'm just trying to short term trade for 4-5% gains here. Another 200pts+ tmr and I'm likely to exit. :dunno:

[SilverRex]

imo oil has put in a medium term bottom here, looking for a corrective rally back to at leas 37 possibly even back to the 39-40 area before another sell off begins towards a final low

[ercchry]

LRE buyout at $0.52 :eek:

[riander5]

Big buyout for LRE

DIS options are killing me here... fack

[bjstare]

Originally posted by riander5
Big buyout for LRE

DIS options are killing me here... fack

Does anyone know why LRE is trading so far below 0.52 right now? Just curious.


And RE: DIS trading down, I was discussing that just a min ago with a buddy at work and we're both surprised. :(

[jacky4566]

In Forex news. I just made a cool 50% on bitcoins. 410-> 620 These bubbles are getting really predicable.

[riander5]

Originally posted by cjblair


Does anyone know why LRE is trading so far below 0.52 right now? Just curious.


And RE: DIS trading down, I was discussing that just a min ago with a buddy at work and we're both surprised. :(

Yea i caught the ride up last time and made good money, lost it all and more expecting star wars to keep the momentum going. One dipshit analyst mentions ESPN and they drop 5%.. fuck me

[ercchry]

Originally posted by cjblair


Does anyone know why LRE is trading so far below 0.52 right now? Just curious.


http://boereport.com/2015/12/21/long-run-exploration-ltd-announces-plan-of-arrangement/

My guess would be speculation that they may have issues meeting conditions? :dunno:

[max_boost]

Buy Buy Buy!

Everything higher cause OPEC says so! $95 oil baby!

:rofl:

[SilverRex]

^ im pretty sure low oil prices are intentional. And EW suggest we are currently marking the final C wave low (it may have completed this if oil can move back above 40ish) which means it is all upside from here for the next decade.

if indeed higher oil prices im just glad it will bring stability back in Alberta

[BavarianBeast]

Solar stocks are great right now.

SLTD
FSLR
TAN
CSIQ

[bjstare]

Originally posted by BavarianBeast
Solar stocks are great right now.

SLTD
FSLR
TAN
CSIQ

I've been thinking of picking up TAN or CSIQ as of late. I think there's huge growth potential in that sector.

[cloud7]

Originally posted by SilverRex
^ im pretty sure low oil prices are intentional. And EW suggest we are currently marking the final C wave low (it may have completed this if oil can move back above 40ish) which means it is all upside from here for the next decade.

if indeed higher oil prices im just glad it will bring stability back in Alberta

Let's hope we have seen the bottom.

[SilverRex]

as expected. currently riding pwt for oil to retest near 40 dollars. we will find out if the low is in place or not depending on how we react to this key resistance level.

mining stocks looking good to begin the year. Key area for gold needs to capture price above 1088 to create a new bullish pattern otherwise all technical analysis continues to favor the downside.

Are we in the same period as everyone was so certain for gold above 2k only to see it completely collapsed? Everyone is calling for below 1000 gold, sort of makes me doubt it will ever happen.

other key prices to watch is ABX.to is ready to retest 11 dollars after many failed attempt, a close above this would be another reason to smile for gold bulls

[SilverRex]

ABX broked a multi month resistance, gold captured above 1088, these are all bullish signals. Is the low in gold finally set? i welcome another decade of long gold/silver ;)

[cloud7]

Oil down $2 today to about $34. It seems oil just wants to go lower... despite a >5 million barrel decrease in inventory last week.

I am glad to see gold coming back a little bit though.

[SilverRex]

Originally posted by cloud7
Oil down $2 today to about $34. It seems oil just wants to go lower... despite a >5 million barrel decrease in inventory last week.

I am glad to see gold coming back a little bit though.

really thought it would retest near 40 before heading back down, but technically oil has and still trying to trace out a final low in the 32 area at the minimum so this was never surprising.

gold on the hand was in a similar situation but is beginning to look more bullish the longer it remains above 1088

[max_boost]

What is this new years meltdown lol under 12500 now. gonna get in and hope for a bounce to 13k next week

[BavarianBeast]

Why not hold til 15k :devil:

[max_boost]

haha being the shit investor/trader I am

TFSA to short term trade the index. RRSP to hold and collect the 3% lol

Let's see which one wins in the long run. :nut:

[cloud7]

Originally posted by max_boost
What is this new years meltdown lol under 12500 now. gonna get in and hope for a bounce to 13k next week

My brother, who trades for a living, has warned me that a correction will come in 2016 or early 2017. Maybe this is it.

[max_boost]

but what's a correction? <10k TSX? haha

Well eff at $20 oil ya maybe hey.

[Manhattan]

Everyone and their brother has been expecting a correction. Question is when. 10 to 25% and it'll probably affect US more given they are more overpriced than CAD markets.

[revelations]

Thanks to the Feds walking away with QE3, along with an American interest rate hike, the markets are no longer being supported artificially.

"Short/inverse" is the new paradigm, at least in the intern. Expect the usual bounces along fib retrace and previous support levels.

[max_boost]

Originally posted by Manhattan
Everyone and their brother has been expecting a correction. Question is when. 10 to 25% and it'll probably affect US more given they are more overpriced than CAD markets. CAD market already down 20% from its high. I've been caught on my last 3 positions on the index because it keeps dropping :banghead: :rofl: 13,500, 13,000 and 12,500, next purchase is set at 12,000. At some point I have to make some money right? Averaging down are the two words that always haunt me. In the mean time I supposed this is kinda fun? :dunno:

[Vanish3d]

$20's oil here we come.....

[Manhattan]

FWIW - BMO is expecting TSX to outperform US markets in 2016. Expects 15,300 TSX by end of year. Either way, patience is a virtue.

http://business.financialpost.com/investing/trading-desk/tsx-to-outperform-sp-500-in-2016-bmo

[cidley69]

Originally posted by Vanish3d
$20's oil here we come.....

Anyone else all in on HOD?

[max_boost]

Looking at oil futures and if this drop into the 20's is prolonged. HOD is gonna be :bigpimp: Stellar last two months lol

I dunno where 15,300 TSX is gonna come from without the help of oil but who knows! lol

[revelations]

HOD.TO is not sustainable right now, expect a short term pullback.

Regardless, I wouldnt hang on to this stock for more than 1-2 months if long.

[bjstare]

Originally posted by cidley69


Anyone else all in on HOD?

Fuck no, not after this drop. If I was in HOD right now, I would absolutely be taking profits at this point. All is has to do is trade sideways for 6 weeks and you can kiss your share value goodbye.


I might get back in to HOU/UWTI if we ever see low $20s, but I won't get into a leveraged stock when it's got the potential to move sideways for a while. Been there, done that.

[max_boost]

Ugly day on the markets. Oil flat line but HOD +5%. Why? Must be the rollover. Contango baby. :rofl:

Such momentum. Are we dipping into the 11,XXX TSX this week? :cry:

[bjstare]

I'm really struggling not to buy AMZN right now. They've seen so much red this week. I've been wanting to get back in for a couple months now, so this might be my shot.

[Manhattan]

^

Am I reading this correctly that AMZN is trading at 840+ P/E ratio?

[bjstare]

Originally posted by Manhattan
^

Am I reading this correctly that AMZN is trading at 840+ P/E ratio?

Yeah, their P/E has been out to lunch ever since I've traded them (2015 pretty much), possibly/likely before then as well.

[know1edge]

.

[avishal26]

Who is still holding MEG? :rofl:

$4.99 close today...

[Vanish3d]

Originally posted by SilverRex
imo oil has put in a medium term bottom here, looking for a corrective rally back to at leas 37 possibly even back to the 39-40 area before another sell off begins towards a final low

SilverRex,

where is the next support level that would likely trigger mini rally?
Although, I think all technical analysis is out the window right now with this falling knife.

[Sugarphreak]

...

[phreezee]

Sold all my weed stocks, since Justin Turdeau can't keep promises.

http://www.thestar.com/news/canada/2016/01/05/legalizing-marijuana-could-violate-global-treaties-trudeau-warned.html

[phreezee]

Originally posted by Sugarphreak


I am...ffs, where is the buyout offer on them already

Any thoughts of averaging down?

[Feruk]

Originally posted by phreezee
Sold all my weed stocks, since Justin Turdeau can't keep promises.

http://www.thestar.com/news/canada/2016/01/05/legalizing-marijuana-could-violate-global-treaties-trudeau-warned.html
My bigger concern is what happens to the price of pot when it's eventually legalized. Already seeing massive price drops in the US.

[avishal26]

Originally posted by Sugarphreak


I am...ffs, where is the buyout offer on them already

If it makes you feel any better, I just averaged down at $6.8 last week thinking I got a great deal :rofl:

[Sugarphreak]

...

[max_boost]

Well next tsx entry is here lol 12000

[phreezee]

Originally posted by avishal26


If it makes you feel any better, I just averaged down at $6.8 last week thinking I got a great deal :rofl:

Me too :rofl:

[max_boost]

Another 10% day for HOD. Lol oh man.

[Kloubek]

I've been absolutely trounced over the last couple of weeks as well. My GoPro stocks are going to be of the penny variety soon enough, and oil... well... we all know how those are doing.

Lost perhaps $2000 total. I really suck at this stock game.

[SilverRex]

Originally posted by Vanish3d


SilverRex,

where is the next support level that would likely trigger mini rally?
Although, I think all technical analysis is out the window right now with this falling knife.

the 32 area target was a pretty significant one, I was just surprised how fast it broke thru this. looking at the current wave structure (regardless if a lower low is still to come or not) a short term bounce should be imminent.

to say we may have struck a long term bottom, we need to recapture above 32.19 , basically 32 is the new 40 area a key resistance.

the next key major support lies in the 15-17 area, but that is so bearish it would require an outright collapse or economy crash. personally I do not see this happening, I am expecting continue weakness in the equity market as all technical indicator has turned bearish. Yes we are officially in a bear market for stocks. I think it will drop to a point forcing the fed to release further QE. the next wave of QE will then reverse all equities into new highs. the next new cycle high will bring about an even greater collapse which will usher in a new monetary system.

you have extreme bearish deflationist who are calling a straight crash now and also inflationist who is calling new high in stocks now. but the greatest wreckage will come in between. The market has a tendency to prove everyone wrong and destroy everyone's confidence. just when everyone thought its over it reverses in strides and vice versa. Rinse and repeat until everyone gives up

[bjstare]

Originally posted by Kloubek
I've been absolutely trounced over the last couple of weeks as well.

You haven't lost (or made) any money until you actually sell, important to remember in times like this.

Chances are everyone is looking at red after the last few weeks. Only exceptions are people that are successful/lucky with day trading - I have a buddy whos made some ok money with HXD.

Right now I'm happy to be in a place where I don't have to sell anything in the forseeable future, and I have a bit of excess cash for when things go on sale. :dunno: All about how you look at it.

[BavarianBeast]

6 figures in the red now.

fack me

[BigMass]

anyone keeping an eye on the downtown highrises?

http://i.imgur.com/J3PKqZy.gif
http://24.media.tumblr.com/tumblr_mam486apAY1rdid2ao1_400.gif
http://gifrific.com/wp-content/uploads/2012/07/Jumping-Out-of-Window.gif

[Khyron]

Originally posted by phreezee


Any thoughts of averaging down?

Bought some more BTE. It went down again. :P

Short term became long term - 18-24 months I think I'll be happy.

[max_boost]

I wish I had balls to buy HOD.

[SilverRex]

Originally posted by max_boost
I wish I had balls to buy HOD.

dont worry, missing out on opportunities is far better than holding the bag deep in the red.

I am sure everyone knows by now that cash is a position

[max_boost]

I have friends willing to hold HOU till it hits zero. Refuse to look at. Refuse to sell. Refuse to do anything but keep it here. :nut:

[max_boost]

I took another position in XIU at 17.73, I'm up to 7000 shares across the portfolios. I need a bounce here. :nut:

[Manhattan]

Originally posted by max_boost
I have friends willing to hold HOU till it hits zero. Refuse to look at. Refuse to sell. Refuse to do anything but keep it here. :nut:

If you believe in value investing that's exactly what you should do.

[bjstare]

Originally posted by Manhattan


If you believe in value investing that's exactly what you should do.

Correct me if I'm wrong, but that doesn't hold true with leveraged stocks (i.e. HOU), since their intrinsic value deteriorates over time. HOU @ $29WTI today will be worth more than HOU @ $29WTI in 2 weeks. Holding HOU only works if you get that bounce in the near term.

[Manhattan]

Why would intrinsic value decrease? It's rebalanced daily to ensure proper leverage so I'd imagine there's some inaccuracies there. But you'd think it would be minimal. :dunno:

[riander5]

Originally posted by Khyron


Bought some more BTE. It went down again. :P

Short term became long term - 18-24 months I think I'll be happy.

BTE are you fackin crazy

They are getting pummelled for a reason.

[max_boost]

Definitely doesn't work for 2X leverage unless linear growth. However who am I to explain to these Haskayne grads. I went to SAIT. :D

[ickyflex]

Originally posted by riander5


BTE are you fackin crazy

They are getting pummelled for a reason.

It's not that crazy of a gamble...

Lets look at the picture.

2016 - Like every producer, they are outside their debt covenants (Biggest Current Risk if you believe they will not renegotiate this successfully).
2020 - Some of their long term debt begins to mature
2021 - 1.6 Billion of Long Term Debt Matures

Currently Borrowing $200MM of their $1 Billion credit facility.

Conclusion:
If you are an oil bull...hell of a gamble for an easy 5-10x return if oil can make a rebound to $60 by year end.

If you are neutral...great gamble if you believe oil will make a slow recovery to maybe $45 and they are able to renegotiate their covenants.

Bearish..don't touch it if you don't see any recovery in oil and you don't see them being able to renegotiate their covenants.

End of the day is if they can survive this year then they will be okay

[roopi]

Originally posted by max_boost
I have friends willing to hold HOU till it hits zero. Refuse to look at. Refuse to sell. Refuse to do anything but keep it here. :nut:

I hope you at least attempted to explain to them that it will go to zero.



Originally posted by Manhattan


If you believe in value investing that's exactly what you should do.

Doesn't work with leveraged stocks.



Originally posted by cjblair


Correct me if I'm wrong, but that doesn't hold true with leveraged stocks (i.e. HOU), since their intrinsic value deteriorates over time. HOU @ $29WTI today will be worth more than HOU @ $29WTI in 2 weeks. Holding HOU only works if you get that bounce in the near term.

You are basically correct.



Originally posted by Manhattan
Why would intrinsic value decrease? It's rebalanced daily to ensure proper leverage so I'd imagine there's some inaccuracies there. But you'd think it would be minimal. :dunno:

It's been covered in this thread multiple times. It doesn't work holding on to leveraged stocks. Use them short term and that's it.

[max_boost]

Sell off continues. :zzz:

[BavarianBeast]

Any thoughts on BR.TO?

Thinking about taking a big position in them...

[roopi]

Originally posted by BavarianBeast
Any thoughts on BR.TO?

Thinking about taking a big position in them...

I first became interested in buying some about 5 years ago. Did a bunch of research and decided there was better places to invest. Every year I would go back and look at it but would never buy it. No real reason why other then the growth potential wasn't there.

Why are you considering taking a position in this?

[riander5]

br.to looks like trying to catch a falling knife to me... I was actually looking at them when they took a massive drop ~1 year ago. They are getting pummeled by microbreweries but you'd think the upside now is greater than potential downside?

[phreezee]

Beer consumption in general is trending down with this generation. BR is not hipster.

[BavarianBeast]

I was considering them because of the severe beating they have taken over the past 4 years and I see some upside in them. I think Bob Sartor is finally figuring the business out and I think they are ready to climb into the double digits again. I guess at 4 bucks a share, I just feel it's worth a drop in the bucket.. I also drink a boat-load of Grasshopper/Traditional, so I may as well support my go-to beer company!

[roopi]

Originally posted by BavarianBeast
I also drink a boat-load of Grasshopper/Traditional, so I may as well support my go-to beer company!

:rofl: This was why I first looked at the company as well. After reading there latest earnings it didn't look too bad since volume is increasing but the profit just doesn't seem to be there yet.

At current levels I think the risk is low. I don't like the fact that there has been insider sales at these levels though. Mostly Clayton Riddell which doesn't mean much IMO but I still don't like it.

Good luck if you decide too.

[riander5]

Originally posted by BavarianBeast
I was considering them because of the severe beating they have taken over the past 4 years and I see some upside in them. I think Bob Sartor is finally figuring the business out and I think they are ready to climb into the double digits again. I guess at 4 bucks a share, I just feel it's worth a drop in the bucket.. I also drink a boat-load of Grasshopper/Traditional, so I may as well support my go-to beer company!

I was going to say my grass / trad consumption has dropped significantly in the past few years due to drinking more micro brews - didnt want to sound like a hipster though :D

[Khyron]

Originally posted by BavarianBeast
I was considering them because of the severe beating they have taken over the past 4 years and I see some upside in them. I think Bob Sartor is finally figuring the business out and I think they are ready to climb into the double digits again. I guess at 4 bucks a share, I just feel it's worth a drop in the bucket.. I also drink a boat-load of Grasshopper/Traditional, so I may as well support my go-to beer company!

The expansion into BC went well. The huge drop was because the dividend was cut (to pay for expansion/growth). Product line is innovative and the core Grass/Trad are still great. AB is just a crowded, unrestricted marketplace. NDP have fixed the huge tax mistake the PC's rammed through near the end. I bought a ton at 7$, will buy more, eventually. I think oil companies have a greater reward possibility in the next 6-12 months though...

[oz388]

if any of you thinking oil price will rebound soon; just go look at nature gas price and you will realize how long you will have to wait on this one...oil has done its run for the passed 10 years and its the time to hibernate for the next 10.

[dirtsniffer]

Oh really why do you say that?