Official Short-term Investments Thread

[Rav4Guy]

Fundamentals = research materials, phone the company, look at corporate data and financials.

ROBTV will give you a bit of the fundamentals, but I see a lot of momentum analysis on there.

[troyl]

Nice little rebound for me today. All Green so far!! (touch wood)

[Canmorite]

Originally posted by Rav4Guy
Fundamentals = research materials, phone the company, look at corporate data and financials.

ROBTV will give you a bit of the fundamentals, but I see a lot of momentum analysis on there.

True. ROBTV will give you a blurb, but the actual analysis has to be done on your own. They can't spend 2 hours on each stock they mention.

[Schwa]

So much green today! Most of the stocks on my watch list went up 10-15%

[djayz]

Originally posted by Schwa
So much green today! Most of the stocks on my watch list went up 10-15%

Only on your watch list?
Haha my portfolio went up close to 11%...its still only about half of what was lost since last week but its better than losing another 11%

[RX_EVOLV]

yep great day, portfolio up 8% today, which I think is pretty good consider ~ 35% of it is Cash. Made a tiny bit of money from sell what I bought yesterday. Still a far cry from what it was before the crash so hopefully tmr will be another green day

[Schwa]

Haha if I could afford all the stocks I'm watching I wouldn't be here :)

I bought a few shares of TVC today though. I'll see how that goes.

[Si_FlyGuy]

Fok me for not picking up CNU last week. :banghead:

[bigbadboss101]

What r u buying today?

[Rav4Guy]

nothing... :dunno:

[Mckenzie]

Originally posted by liquid1010
Since the markets are taking a kicking I thought I'd ask this:

How much fundamental research do you guys do? I know most of you trade almost entirely on technicals, but do you do any fundamental research?

Mckenzie, I'm with you on ASX... although it was already on the downslide when I got out at $2.20. Right now it's sitting at a lowly $1.80.

I dont trade on technicals for junior stocks....news release will often push any sort of TA aside. I am a buy and hold medium to long term and most of my DD is done through comparitives and looking at the company as a whole...management, experience, management, management, projects, geographical location, political risk, commodity risk, # of shares, etc.

On a side note, if anyone wants to dump all their ROK.V Roca shares on the market and push the price down I'd buy ya' a beer or ten. This one is a pretty safe bet for a double in my opinion over the next 12 months. As long as the mill gets up and running they have ore to sell...do any sort of CF analysis on this one and you will see what I mean.

[Ben]

Originally posted by Mckenzie


I dont trade on technicals for junior stocks....news release will often push any sort of TA aside. I am a buy and hold medium to long term and most of my DD is done through comparitives and looking at the company as a whole...management, experience, management, management, projects, geographical location, political risk, commodity risk, # of shares, etc.

On a side note, if anyone wants to dump all their ROK.V Roca shares on the market and push the price down I'd buy ya' a beer or ten. This one is a pretty safe bet for a double in my opinion over the next 12 months. As long as the mill gets up and running they have ore to sell...do any sort of CF analysis on this one and you will see what I mean.

Well lets hope, I've watched TRR steadilly fall and fall and fall and fall, what a waste of money. hahaha

[Mckenzie]

Originally posted by Ben


Well lets hope, I've watched TRR steadilly fall and fall and fall and fall, what a waste of money. hahaha

haha yeah I'm not too concerned about TRR...I dont even really watch it. I will probably be looking for an exit around a year or so as I only have a small position there (20k shares). They still have lots of work to do on the property. Again, I am watching for fundamentals rather than what the SP is doing.

[liquid1010]

What stock screeners do you guys use.... for those who do use them.....

[bigbadboss101]

Can you tell me what WT is?

Eg. EQN.WT-T vs EQN-T?

Thanks.

[benyl]

warrants

[Canmorite]

A fancy name for canadian options, that trade like stocks...or something.

[Toma]

Originally posted by Canmorite
A fancy name for canadian options, that trade like stocks...or something.
with short expiry's and only "to buy", "calls" ... can't short them.... no put equivalent.

[Rav4Guy]

Originally posted by bigbadboss101
Can you tell me what WT is?

Eg. EQN.WT-T vs EQN-T?

Thanks.

WT = warrants. Gives the owners of these warrants an option to purchase additional shares at a pre-determined price.

example: 1wt + 0.50 = 1 share of xyz.

Sometimes these warrants are tradeable on the open market. They have an expiry date on them as well.

[Canmorite]

Short CLJ7 (Oil). Looking for $0.60 and cover at $60.00.

[Canmorite]

Originally posted by Canmorite
Short CLJ7 (Oil). Looking for $0.60 and cover at $60.00.

BAM! $60.00.

[Schwa]

Came across DAY.UN

15cents/share/month dividend. SP is at 9.47 right now.

This works out to a 19% annual return based on dividends, provided that the share price stays the same and they don't change their dividends.

Don't have any myself, but seems like a good buy for any people wanting to invest long term :dunno:

Do your own research, though.

[max_boost]

I managed to make a small $350 profit on URA.

Bought 10,000 shares at $0.50 last week and sold it today at $0.55. Now if I can consistently do this for the rest of the year haha.

[Schwa]

Nice. I swung it from 48 to 53 twice this week :)

[Canmorite]

V.URA doing great. Nice close on friday.

Currently short Mini-Dow and E-Mini (Nasdaq) futures.

[Schwa]

Looking at NWI for a quick swing. Seems to be at a local support level at 0.45, and there has been quite a bit of insider buying lately, suggesting it could be a good hold.

[Canmorite]

Originally posted by Schwa
Looking at NWI for a quick swing. Seems to be at a local support level at 0.45, and there has been quite a bit of insider buying lately, suggesting it could be a good hold.

What happened to that stock? Split or bad news?

[Schwa]

Split. They decided to split into a nickel producer and a uranium producer. I think it was a 1 share of NWI got you 0.75 shares of NI (the new company).

[liquid1010]

Any thoughts on BWR..?

Low P/E.... very little debt on the balance sheet.... and the warrants provide some good leverage.

[Schwa]

Breakwater, I think, is one of the leaders in their industry. I think most people here make their money off of momentum (or it's just me) rather than actual company value.

[bigbadboss101]

NWI, at the time it was $1.40 or so when it became 1.0 share of NWI plus 0.75 share of NI. However, the combined value dropped.

[liquid1010]

Originally posted by Schwa
Breakwater, I think, is one of the leaders in their industry. I think most people here make their money off of momentum (or it's just me) rather than actual company value.

Yea, I'm looking at it more as a buy and hold for a bit. I have a bent towards undervalued companies. With a low P/E, low D/E ratio, and solid earnings. Only thing is, it can be a very volatile sector.

I'm still hanging on to GCE too, hoping for that turnaround.

[broken_legs]

Originally posted by Schwa
Breakwater, I think, is one of the leaders in their industry. I think most people here make their money off of momentum (or it's just me) rather than actual company value.

I bought into BWR on that huge volume day (40 Mil +???) a while back. I was watching the huge blocks being purchased by Sprott and the P/E looks pretty good

I'm in at $1.95

[Canmorite]

If BWR can't break 2.10, it'll head lower.

[yellowsnow]

what do you guys think of SBS? It's been a big red in my portfolio for a few months now. No new news, and shares dropped from $3.85 to $2.85... and no upside in sight

i realize long term vision... but how long term??

[natejj]

Originally posted by yellowsnow
what do you guys think of SBS? It's been a big red in my portfolio for a few months now. No new news, and shares dropped from $3.85 to $2.85... and no upside in sight

i realize long term vision... but how long term??

89coupe is the guy who mentioned it, ask him. He Mentioned SUM when it was 1.20.... went down to .85.... look at it now, 2.25.

Lets be patient.

[Rav4Guy]

Originally posted by broken_legs


I bought into BWR on that huge volume day (40 Mil +???) a while back. I was watching the huge blocks being purchased by Sprott and the P/E looks pretty good

I'm in at $1.95

2.10 being the resistance and 1.85 being the support. I've always liked BWR. Clean balance sheet, good projects.

Another one that I've been following is JIN.T Gold play in China.

[broken_legs]

Originally posted by Rav4Guy


2.10 being the resistance and 1.85 being the support. I've always liked BWR. Clean balance sheet, good projects.

Another one that I've been following is JIN.T Gold play in China.

Some guy who writes a news letter and really like Uranium mentioned JinShan on ROB tv... sorry BNN the other day.
Does anyone remember who that guy was? I'd liike to take a read on his newsletter sometime.

He mentioned another company ive been holding too CopperFox CUU on the Vent.

Thx

[Canmorite]

Originally posted by Canmorite
V.URA doing great. Nice close on friday.

Currently short Mini-Dow and E-Mini (Nasdaq) futures.

DAMN :eek:

Dow lost 250 points and Nasdaq lost 50. Good day...

[liquid1010]

It's getting ugly right now. First the asian bomb, and now the sub-prime mortgage info out of the states. This could be the second half of a mid level correction... or the beginning of a large correction.

[Canmorite]

Yea, TSX and Venture both down today. My one holding in Canadian equities is near it's stop...

[RX_EVOLV]

good to see TSX and the venture rebouding a little after lunch.

But manage to rearrange my portfolio a little today. sold RSG and PLE yesterday while managed to grab some other shares before lunch/rebound. Got some ASX @ $1.83, AUN $1.28, NSM @1.08 and ORA @0.61. Overall portfolio is up for the day :D hopefully I can flip them this week for a quick buck

[habs]

whats up with ROL.A :dunno: ????? down to 1.13

[Mckenzie]

My new picks are TEL and CGT.

TEL is following a similar structure to EFR (.07 to over $4 this year) and URA (.20 to over $1 then back down to around .55 now).

They have just purchased 6 old mines are are currently drilling their properties in the 4 corners region. I think it is quite undervalued at .75 right now and will be a good long term hold.

http://www.trigonuraniumcorp.com/

Check out ths management on this team...very qualified:

http://www.trigonuraniumcorp.com/corporate/senior_management/
http://www.trigonuraniumcorp.com/corporate/uranium_development_team/

Interview with CEO on front page too.

Columbus Gold Corp is a Nevada gold play...low geopolitical risk which is nice (as opposed to the south america plays). They have already had a NI 43-101 Tech report on both Golden Mile and Utah Clipper property recommending further exploration. I think this will be good for a short to medium term trade.

http://www.columbusgoldcorp.com/s/Home.asp

Also one of Casey's recommendations.


URA is posed for news any time now and I think its way oversold. I still think this company has excellent potential for 2007. Holding long on this one.

Good luck to all out there in the choppy market.

[broken_legs]

Anybody follow Acadian Gold on the Venture? (ADA)

[Canmorite]

I was in that last year for a few weeks. Looks like its lost momentum for now, though.

[liquid1010]

I'm still looking at my position in LVN... it's something that really intrigues me. Insider buying is excessive, and there is some mystery relating to the property agreement's they hold.

GNY has sure taken a beating, although I'm still looking at is as a solid NG holding come the end of the summer season....

[Canmorite]

V.LVN is coming up to past resistance of 0.22. Heavy volume today too, may be time to offload a few.

GNY has got a loooong way to go before it stops declining and consolidates, before a run upwards.

Natural Gas futures aren't looking really strong right now.

V.URA up 9% and T.CDU up 12%. w00t

[liquid1010]

Yea canmorite, LVN has hit the .21 - .22 resistance... but if it can break through....

I think GNY has good fundamentals more than technicals. They've missed their targets for the past few years, and I think they are very undervalued....

[Canmorite]

If it can break through 0.22 and hold, it has a high chance of going higher.

I have no idea what GNY is like fundamentally, but I'm assuming there stock price/performance is closely tied to Natural Gas prices.

I'm slowly being squeezed out of short position in natural gas, so you never know, it could go higher.

[Hakkola]

I'm thinking about getting into the stock trading scene in the next couple weeks, I know there's been some recent drops, so is it a good time to get in now, or should I wait until the markets are more stable?

What's the minimum amount of money to start investing with to make it worthwhile? Sorry if these questions have been answered, I'm not about to sift through 70 pages.

[liquid1010]

It was mentioned once that you should devote at least one hour per week, per stock you own towards doing research.

It's tough to find the time, and decipher all the info. If you're going to take a stab at it, I would recommend starting with at last about 4-5k, and a minimum of about 3-4 holdings.

If you're just starting, I would only invest money you can afford to lose.

[max_boost]

Hakkola:

Well I started out with only $5000 in the stock section of my portfolio but after a few hit and runs, I'm up to $6500 now. It's chump change compared to some of the heavy hitters on this site but it's nice to see 30% returns in less than 3 months.

The 3 picks I made money off of had a turnaround time of less than a week and 2 of them were from this site. I do zero research, I figured the member's reputation being on the line is good enough. :) Majority of my holdings are in mutual funds which are solid and steady for 10%/year and whatever I do in my stock section is just like adding spice to things.

[RX_EVOLV]

IMO $5000 is a pretty good place to start, I think thats the min $ required to open a bmo investorline account.

IMO I find ~$2500 a pretty good holding price with good potential return given the ~$29/trade commission. But this means w/ $5000 you are almost putting all your eggs in one basket.

When I see a highrisk stock ( read: TSX-V) i like I tend to buy ~ $2000 at first.. if it drops.. I buy more, if it goes up I sell. Until either the stock runs out of the stream or it exceeds a certain % of my total portfolio. Now that i've been upgraded to active trader status ($9.95/commission) I've found myself to trade more often and at lower volume.

Right now imo I think the market is still volatile so I try to have ~ 20% cash in hand at the end of each trading day just in case .

[rc2002]

Originally posted by max_boost
Hakkola:

Well I started out with only $5000 in the stock section of my portfolio but after a few hit and runs, I'm up to $6500 now. It's chump change compared to some of the heavy hitters on this site but it's nice to see 30% returns in less than 3 months.

The 3 picks I made money off of had a turnaround time of less than a week and 2 of them were from this site. I do zero research, I figured the member's reputation being on the line is good enough. :) Majority of my holdings are in mutual funds which are solid and steady for 10%/year and whatever I do in my stock section is just like adding spice to things.

That's some pretty good returns. Especially for this kind of market.

Looks like Beyond tips > mutual fund managers. It's time I opened a trading account. I already lost thousands on mutual funds this past month. Most of which can't even outperform the index funds. :(

[liquid1010]

RX_EVOLV..... how many trades did it take to get your active trader status?

[djayz]

Originally posted by liquid1010
RX_EVOLV..... how many trades did it take to get your active trader status?

get an etrade account 9.99 trades as long as you have $50,000 in etrade every quarter.

[max_boost]

Originally posted by richardchan2002


That's some pretty good returns. Especially for this kind of market.

Looks like Beyond tips > mutual fund managers. It's time I opened a trading account. I already lost thousands on mutual funds this past month. Most of which can't even outperform the index funds. :( Were you heavily invested in the resource sector? Dividend funds have the right balance. Energy sector can go through a correction but the financial sector will keep it afloat and out of the negatives.

I made money off of:

URA
NPE
RSG

My investment style is different than other members, I don't hold for the long term, I am all about here and now. I used my $5K to hold on to each of those stocks, one at a time. I made roughly $300-$500 on each of them and quickly sold it. I also made some quick money off WIN and RR.

I'm banking on the forum members stepping up with their picks, like I said, I do ZERO research haha

Beyond Stock Advice FTW :thumbsup:

[RX_EVOLV]

Originally posted by liquid1010
RX_EVOLV..... how many trades did it take to get your active trader status?

I'm with BMO investorline and their requirement for Active trader status is 30 trades in the last 3 months and you are re-evaluated at the end of each month.

you get $9.95/trade ( +$0.1/share if its > 1000 shares on stock thats > $1 .. or something like that.. cant remember) plus Level II ( which i find to be very useful!) and real time quote streaming.

[Schwa]

Originally posted by RX_EVOLV


I'm with BMO investorline and their requirement for Active trader status is 30 trades in the last 3 months and you are re-evaluated at the end of each month.

you get $9.95/trade ( +$0.1/share if its > 1000 shares on stock thats > $1 .. or something like that.. cant remember) plus Level II ( which i find to be very useful!) and real time quote streaming.

So if you do 10 trades in one month do you qualify? Is your L2 free or do you have to pay?

When my friends ask me where is a good place to start I say start with research. I do a lot more than 1 hour per day of reading, probably closer to 2-3 but I enjoy doing this kind of stuff. I think one also needs to read about industries and the overall economy in general, not just the company, so you can get an idea of the big picture.

For example, it is safe to say anything China wants is hot right now, due to their booming economy. If you read that China wants to import a lot of aluminum, then you can infer that aluminum stocks may go up.

I'm always hesitant to give people advice though, or stock "tips", because I do not want to be responsible for them losing their money.

As for a good dollar value to start with, the minimum I say is 2000 dollars. This is because commissions (unless you're an active trader) are basically $30 or 1.5% whichever is higher, for most equities. So at 2000 you're basically paying 1.5% commission even at $30. Anything less than 2000 and you are paying more than 1.5% commission becuase the minimum charge is $30, and you're losing profits.

To start research, I recommend investopedia.com, and browsing on some stock forums. Hotstockmarket.com has a great noob section where a lot of basic quesitons are answered.

[liquid1010]

As someone who has always based most of his trades on fundamentals rather than technicals.... I thought it might be a good idea to "test" my technical thoughts (I'm learning). Any comments/suggestions are welcome:

URA - Might be primed to break. MACD seems bullish, and volume decent.

GCE.T - Looks like it's oversold (RSI), and might be rebounding soon. steady volume, and positive divergence.

CCI.T - Support around $20. MACD doesn't look great, but is coming around if it continues to creep in the right direction

F - Ford's MACD is looking like it might just be heading in the right direction. Steady volume, and enough to bring it back to around $8.60.

[RX_EVOLV]

Originally posted by Schwa


So if you do 10 trades in one month do you qualify? Is your L2 free or do you have to pay?



yep 10 trades/ month will qualify you 3 months later.. or in my case I only had 6 trades in Dec, but made up for it in Feb .
and Level II is free

[D'z Nutz]

Nobody trading on Tradefreedom? You start off at ~$10/trade and if you do 10 trades a month, you're eligible for L2.

I'm in the process of switching over from RBC as we speak. I opened an eTrade account as well and wasn't really too impressed with what they offered so I'm closing that shortly.

[RX_EVOLV]

I'm sticking w/ bmo just for the sake of easy online banking between the investment account and the chequing account

[Schwa]

Originally posted by D'z Nutz
Nobody trading on Tradefreedom? You start off at ~$10/trade and if you do 10 trades a month, you're eligible for L2.

I'm in the process of switching over from RBC as we speak. I opened an eTrade account as well and wasn't really too impressed with what they offered so I'm closing that shortly.

How easy is it to wire money back and forth? I'm with RX because I like to go b/w my checking/banking/line of credit conveniently.

If tradefreedom is easy though then I may consider it.

edit: Free L2 is tempting though because I don't think RBC offers this for free.

[djayz]

See the thing with all these other places that offer 9.99 or cheaper trading charge you for shares over 1000 that are $1 or more. So if you go to trade 10000 shares youll end up paying close to $100 in commisions. This happened to me at TD when i made a trade of 25000 shares and ended up paying close to $400 dollars in commision. E-Trade its 9.99 as long asyou have $50,000 in your account or make 30 trade per quarter and you qualify every quarter.

I can now make trades of 50000 shares and still only pay 9.99 compared to $600 if i was still with TD.

[Canmorite]

Originally posted by D'z Nutz
Nobody trading on Tradefreedom? You start off at ~$10/trade and if you do 10 trades a month, you're eligible for L2.

I'm in the process of switching over from RBC as we speak. I opened an eTrade account as well and wasn't really too impressed with what they offered so I'm closing that shortly.

I've used tradefreedom in the past. Their base platform (Edge) is used by E-trade, Questrade, TD, etc etc.

It comes down to customer service and commission costs for me. Questrade has been very good so far. Minimum 4.95 + 0.01 cents per share OR 9.95 flat per trade, unlimited shares.

[Canmorite]

Originally posted by liquid1010
As someone who has always based most of his trades on fundamentals rather than technicals.... I thought it might be a good idea to "test" my technical thoughts (I'm learning). Any comments/suggestions are welcome:

URA - Might be primed to break. MACD seems bullish, and volume decent.

GCE.T - Looks like it's oversold (RSI), and might be rebounding soon. steady volume, and positive divergence.

CCI.T - Support around $20. MACD doesn't look great, but is coming around if it continues to creep in the right direction

F - Ford's MACD is looking like it might just be heading in the right direction. Steady volume, and enough to bring it back to around $8.60.

V.URA-Love it. Still in it from 2 weeks ago. up almost 20% so far.

T.GCE-Overall trend is still down. You can play the oversold bounces but thats a 2-3 days trade, not a hold. Divergence doesn't help when you have tons of people still selling.

CCI.TO-Support is at the low of 18.98 last week, so I'd put a stop at 18.85. Price right now is 20.63, so you're risking 1.78 a share. 1000 Shares*1.78=$1,780.00 of risk. A little high for most...

F-Don't try and catch a falling knife. It is bouncing at ~7.60 but be very careful. Tight stops are key :thumbsup:

Just putting that out there for anyone, not trying to critique the OP.

[Schwa]

URA up a lot today on no news.

[max_boost]

I picked up:

2000 shares of BWR @ $1.86
6000 shares of TEL @ $0.78

Time to make a little money now :D

[benyl]

why did you pick BWR and TEL?

[Rav4Guy]

Originally posted by max_boost
I picked up:

2000 shares of BWR @ $1.86
6000 shares of TEL @ $0.78

Time to make a little money now :D


nice pick. I was going to pick up BWR at a cheaper price though...

lots of cash on hand, great mines, diversified geo-political risks

[max_boost]

Originally posted by benyl
why did you pick BWR and TEL?

BWR was mentioned on here and talked about briefly a couple pages back. My buddy who's a securities analyst also endorses it.

TEL is Mackenzie's pick.

[D'z Nutz]

Originally posted by Schwa


How easy is it to wire money back and forth? I'm with RX because I like to go b/w my checking/banking/line of credit conveniently.

If tradefreedom is easy though then I may consider it.

edit: Free L2 is tempting though because I don't think RBC offers this for free.

Transferring from your online banking seems easy enough, but I'm not sure on withdrawing. My account just finished setting up this afternoon. After I poke around it a bit, I'll give you some more feedback.


Originally posted by djayz
E-Trade its 9.99 as long asyou have $50,000 in your account or make 30 trade per quarter and you qualify every quarter.

Yes, but for those of us who don't have $50,000 in our accounts and/or don't make 30 trades per quarter, we're still stuck paying $30 a trade.

TF's fees/commissions are more suitable for my sort of trading anyways:
http://www.tradefreedom.com/en/tradingprodfees/feescommissions.asp

Plus they offer a lot more to me than RBC did, atleast unless I became an active trader.

[benyl]

Etrade is $20 / trade, not $30.

Etrade also screws you when you withdraw... $50 to take out $2000.

scammers!

[Mckenzie]

Two thumbs up for URA today..finally getting back to near even on this one lol.

As for TEL, I wish I had more free cash for this one...could be a real winner.

I also picked up som NSM today. Could be starting production this year and I think a $1 near term producer with good promotion has the opportunity to run further.

But! Defenitely kicking myself for selling out of ROK at 1.70 last week...made a small profit but it could have been a lot higher!!

Good luck to all! :thumbsup:

[RX_EVOLV]

interesting day today! ORA up 18%, easy flip :D

Very interest trading today for nsm. I guess some guy accidently hit sell at market, which dropped the price to $0.90 and triggered a few stop loses. I managed to pick up a few shares during that stop and sold it when it bounced back up. Day trading FTW haha. But yeh I really like NSM, lots of production and is actually going into production with other plays in the work as well.. it should pop soon... i hope.

TEL Im still doing abit of DD on it but it looks like a potential winner!

AUN i've mentioned it before @ ~ $1.25-1.30.. Its now at ~$1.50. They should be testing the mill right now if not already doing so, and the Feasibility report is expected to come out in April ( supppose to be in Jan/Feb :( . Given the cooper price and silver price right now, I think once they officially anounce production to being this stock will flyyy

ASX.. getting frustrated... losing patience..

PLE.. should commence drilling anytime now.. why is the IP survey still not completed.

URA.. looks good but I think it might just be riding the wind of Cameco's news a little bit so.. might lose some steam. Its going up a bit too much too fast with no news imo.

[Canmorite]

V.PLE broke 0.55 cents and is holding up at 0.50. If it breaks 0.50, look out.

[troyl]

Anyone buying NPE at these levels?

[Canmorite]

Originally posted by troyl
Anyone buying NPE at these levels?

Broke 2.00 and has never seen these levels before, so no.

[djayz]

wtf happened with TCR today?

[Canmorite]

Originally posted by R-Audi
^Yep :)


These two are about ~1yr term...

-Gulf Shores Resources (GUL) (Awaiting drilling project results)

-Resverlogix (RVX) (Awaiting drug sale)


Both on TSX...


Originally posted by Canmorite


I know someone who is HEAVILY short Reservlogix. Apparently all their tests were done on old drugs, that are no longer saleable, and some other crafty shit. Buyer beware is all I'm saying.

Oh boy, down 20% today :nut:

[benyl]

Originally posted by max_boost


BWR was mentioned on here and talked about briefly a couple pages back. My buddy who's a securities analyst also endorses it.


picked up 1000 at $1.85 at the end of the day.

ready to make some money... hahaha

[Canmorite]

Originally posted by benyl


picked up 1000 at $1.85 at the end of the day.

ready to make some money... hahaha

Whats your stop?

[liquid1010]

I don't know if I would jump into BWR yet.... and if I did I would think warrants might be a good place to start. With that said, I might jump in soon, and good luck to all the longs :thumbsup:


my baby LVN is now in a downward trend. I made the mistake of jumping into that one to high.

[Canmorite]

Originally posted by liquid1010
my baby LVN is now in a downward trend. I made the mistake of jumping into that one to high.

LVN is still in an uptrend, for now.

[benyl]

don't buy BWR yet. I bought in, so it is bound to head lower... haha

stop? I am in it to make money. Until it does, I do not sell. I have a lot of dead beats (bags) in my portfolio... hahahahahha

[liquid1010]

Originally posted by Canmorite


LVN is still in an uptrend, for now.

Somewhat, but it's bouncing off its resistance at .195. I made the mistake of buying in at .19.........
*update* - It's taking a beating now :banghead:


As for ASX... I'm keeping my eyes peeled on that one. I think we may have news coming, and the technicals look like it might be primed for another run.....

[RX_EVOLV]

Originally posted by benyl


stop? I am in it to make money. Until it does, I do not sell. I have a lot of dead beats (bags) in my portfolio... hahahahahha


haha hope that wont mislead the newbies who are learning how to invest :nut:

[liquid1010]

Interesting Article.....

http://www.canada.com/nationalpost/financialpost/story.html?id=df25f68c-cb50-4f74-b005-6d14ba0f7ea3&k=52420

[Rav4Guy]

http://www.youtube.com/watch?v=708wDFX28lc

video to that.

[Mckenzie]

URA getting hammered today as the private placement purchaser sells or shorts to raise funds for the PP shares...typical. At least the shares are flow-through which indicates some exploration work will be happening soon.

NSM had a new property acquisition today...good news there.

TEL will be commencing drilling in a couple weeks here.

CGT has started drills on the four metals project and has also entered into an agreement for Cordex to explore over the next two years.

[max_boost]

^^^

I'm also in for 4300 shares of NSM so keep the good news coming haha

[Canmorite]

Probably gonna by more URA tommorrow if it holds up at 0.60.

[broken_legs]

I bought some ADA today...


Schlumberger might be on a bit of a run for a bit if anyone is into big OFS companies they just had their 1st Q conference call today. Broke through the wall at 67 (where my long standing sell order was :( )

[djayz]

Wow moly is hot right now...BLE is my hero once again and ROK is making some good progress.

So still no news on TCR yet it pops another 40% today! insider trading?

[Mckenzie]

Killing myself for taking a .30 profit on ROK at 1.70 lol.

Oh well...wont go broke taking profits.

[max_boost]

^^^

You never know sometimes lol

I sold NPE at $2.50 and next day it goes over $3.00
I sold URA at $0.55 and it peaked at $0.67 yesterday

I'll be happy with any gains haha

[7thgenvic]

LU LU is going public!! gangster

[Canmorite]

Originally posted by 7thgenvic
LU LU is going public!! gangster

That'll be interesting.