Official Short-term Investments Thread

[Canmorite]

Originally posted by liquid1010
Yea, if you look at the three year index of $BPENER it provides a really good picture of the swing. It's really quite interesting.

Anything else on your watch list? I'm hesistant to purchase anything right now though, as personally I think the Venture is in for a few negative weeks in the coming month or two.......

Just short term or intraday trades lately. Today a bit of S&P futures, Oil (I don't post those here because I don't think anyone trades futures) and other then that...uhh I'll update it later ;)

EDIT: Probably won't be around that much this week. Exams taking up most of my time.

[liquid1010]

LOL.... gotta share the info ;)

I actually don't trade futures, and am just about to start getting into options.

[Canmorite]

Options are...a whole 'nother story.

[max_boost]

Canmorite, thoughts on CanWest Communications (CGS) or Norbord (NBD) I'm thinking about picking up 1000 shares of either stock. I could also do 500 of each, depends which graph is better.

I'm still holding on to TEL and BWR and I'm not sure if I should sell or not with the May fire sale coming up. I was thinking of selling to keep my profit and rebuying at a lower price.

[Canmorite]

Well I need a break from studying so you're in luck.

CGS is trending lower (short term) but on a longer term basis it has come up quite a bit since it's lows in Jul-Oct 2006. I think there are better trades out there, though.

http://img407.imageshack.us/img407/5783/cgstozi3.png

Same thing with NBD...I stay away from stocks that don't have a clear direction or a defined trend. No use trying to 'predict' where a non-directional stock is going to go. In that case, indicators can be fairly useless.

Long term look at the MACD shows bullish divergence, same with RSI. A 'undecided' candle from today shows that buyers and sellers don't know where it wants to go. If I were to enter this I would set my stop under the low of today ~8.25.

http://img405.imageshack.us/img405/3665/nbdtopt1.png

I'm slowly starting to take some profits/close positions before we get into summer here, which is usually pretty dead.

EDIT: I should clarify, starting to close some long positions in the Canadian markets and some US stuff.

[CaptainReboot]

What do you guys think of SRU? Starfield Resources? It just got listed on the TSX today, moved from the Venture.

[Canmorite]

A lot of red out there today :nut:

I'm just bracing for a pullback. Stops are in.

[Canmorite]

Originally posted by Canmorite


I think so. Trending upwards for a while and it made a good base for a few months. Needs to break and hold above 4.50, too.

Ouch. Down 8.77% today. Better buy point now but...yuck.

[max_boost]

Anyone heard of the Hume Report? A copy of it came in the Globe & Mail so I read it over.

'The Hume Report's mission is to seek out high-potential, high-growth investment opportunities before they are discovered by financial analysts and the general business media'


'Had you invested the same amount in all of the companies The Hume Report featured in 2006, you would have realized a profit of over 75%....in fewer than 6 months'

Ummm.....OK

Anyway, it recommended ALZ (Aldershot Resources) and COL (Columbia Metals).

Thoughts?

[Canmorite]

Originally posted by max_boost
'Had you invested the same amount in all of the companies The Hume Report featured in 2006, you would have realized a profit of over 75%....in fewer than 6 months'


:bullshit:

If you bought at the exact bottom and sold at the exact top. That's how they measure their picks. I know because I have written things like that for previous clients.

Neither have a defined trend and they are both looking bearish. Very speculative plays at best.

[djayz]

The hume report isnt worth a penny

hah i got to see the hume report a day early when they put it in the globe and mail...it was sometime at the beginning of this year...i watched every stock in that report the next day and out of the 25000 of those reports went out in the globe and mail in calgary alone the stocks that were mentioned hardly moved.

Aldershot resources has been on my watch list for a long time but it just doesnt seem like something i could put my money into when there is all these other plays out there doing the same thing 10x quicker.

max_boost...want 75% in 6 months? BUY BLE :D

[yellowsnow]

damn why didn't i buy some BLE last month haha

RSG starting to show some activity :D up up up!

[benyl]

ALZ has been boring for me. It is down since I bought it...

I was in BLE when djays first mentioned it. Made a couple of grand... but I wish I would have held on... haha

[bigbadboss101]

No doubt, I had BLE a few weeks ago and got out just above $10.

[bigbadboss101]

Anyone buying PTU at $1 or so?

[max_boost]

haha BLE is such a pimp stock. If any of you guys put the house on it, oh man :bigpimp:

I jumped back into URA at $0.60! Hoping to make a quick buck!

BWR and TEL are tanking a bit so those are officially holds now.

[liquid1010]

I actually dumped my TEL for the time being, with a tiny loss. I'm hoping to get back in, but will wait until the markets have gone through their little slide... IMO.

[Canmorite]

I remember seeing BLE at $6.00 :nut:

NASDAQ on fiyah. Lots of hot picks coming from there tonight.


Originally posted by bigbadboss101
Anyone buying PTU at $1 or so?

I remember saying it would stall at $1.00. Pretty low risk entry right here with a tight stop.

[ramminghard]

Anyone heard of Knight Resources (KNP.V)?

[Canmorite]

http://img441.imageshack.us/img441/6317/nwitobq7.png

Probably buying this tommorrow. Stop at 0.42 but mental stop higher then that.

EDIT: WTF why won't my pictures work :banghead: Oops nevermind haha.

[djayz]

Ill be picking up some more PTU for sure...my cost this time around is 98 cents so if it goes to a dollar im not averaging up too much.


How mnay of you guys do your own taxes? I just finished mine and holy hell was it a mess with all this buying and selling of stocks haha

[Canmorite]

Definitely not. I hate anything to do with accounting.

[Schwa]

The stock parts isn't too bad. Just a separate form for each set of round trips. Remember to write off the commission you paid! I used ufile.ca and it was quite straightforward.

EDIT: NWi up again on good news. Nice to see it finally past 50 after watching it go sideways for about a month. I too am hoping RSG goes up. Some interesting activity today and above average volume. Maybe the market is responding to that PP somehow. Over at HSM they are saying there are drill results pending so there is some momentum in anticipation of that release.

[djayz]

yah the stocks part was okay after i got the hang of it but it took forever because of all the buys and sells.

one thing that really makes me mad is that ufile has all the boxes from a t3 that you can enter but in quicktax they dont have half the boxes and it doesnt tell you if you need them or not.

and box 42 was a pain in the ass to figure out. Those of you who did your own taxes will know what im talking about haha...unless ofcourse this is your second time around.

[Canmorite]

Dumped half my TEL at a small loss. Sold most at a buck but held on to the rest.

Apple over $100 a share :clap:

[culebra]

Any TIO forecast?
I've been watching it for like a week and still very hesitating to jump on it or not.

[Rav4Guy]

^ I wouldn't.

here's a freebie: MIT.V

[ramminghard]

Originally posted by ramminghard
Anyone heard of Knight Resources (KNP.V)?

Up 25% today!

[4DoorGTZ]

Originally posted by djayz

and box 42 was a pain in the ass to figure out. Those of you who did your own taxes will know what im talking about haha...unless ofcourse this is your second time around.

box 42 had me stumped for a while

[djayz]

more PTU for me :D Even picking some up for my RSP :bigpimp:

[Canmorite]

TSX took a dive this morning, and recovered. Watching for the break (if it happens) to dump some more holdings. I don't wanna watch everything all summer.

[bigbadboss101]

Anyone have scope on EE-T, Exall Energy? Buddy here was asking.

[Canmorite]

Broke down yesterday...I wouldn't touch it.

[GDCivicSi]

Originally posted by Rav4Guy
^ I wouldn't.

here's a freebie: MIT.V

Care to elaborate? ;)

[Canmorite]

Puts on Openwave Systems Inc (OPWV). Looking for $6.00.

[broken_legs]

BDO.V

UP 17% today :D

[bigbadboss101]

You are supposed to tell me the day before they go up 17% :-)

[Toma]

Originally posted by Canmorite
Puts on Openwave Systems Inc (OPWV). Looking for $6.00.
Really.... how come? Bad news?

If you are right at the $6 mark, that would put the May 7.5 Put at somewhere around $1.75 from its current .45 ask...

hmmmm

[Toma]

Oh for fuck sakes.... I'm tapped out of cash in my options account.... and they are all good...

Well, with earning report that bad, I can see your target and them some... I gotta figure out what to sell :banghead:

[djayz]

anybody read about the China Moly ipo :hitit: 400% over subscribed and 66% one day gain :eek:

ohh well ill take my sprott moly gain or 7% today haha

[Canmorite]

Originally posted by Toma

Really.... how come? Bad news?

If you are right at the $6 mark, that would put the May 7.5 Put at somewhere around $1.75 from its current .45 ask...

hmmmm

Purely technical play. I don't even know when earnings are but I should find out.



Originally posted by djayz
anybody read about the China Moly ipo :hitit: 400% over subscribed and 66% one day gain :eek:

ohh well ill take my sprott moly gain or 7% today haha

Symbol for the China Moly IPO? :poosie:

Will probably buy some T.MLY on Monday...


Originally posted by broken_legs
BDO.V

UP 17% today :D

Recent IPO? Looks decent.

[broken_legs]

BDO.V used to be Ontario hose Specialties or OHS.V

As I understand the company has changed names and moved away from hoses and bought into a deal with Verenex and Vermillion (both on TSX) to drill some huge prospects of the coast of France.

I originally posted on this one about a month back.


Also ADA.V was scheduled to start production on their Zinc mine in Nova Scotia today, but no news release yet...

Also TLG.V is about to release their new resource estimate... Could be good for a trade from 0.20 to 0.25

[Canmorite]

Originally posted by Canmorite
TSX took a dive this morning, and recovered. Watching for the break (if it happens) to dump some more holdings. I don't wanna watch everything all summer.

TSX down 210 points :nut:

Sold most of my holdings this afternoon. Small losses and small gains. In the end I was down like $32 or something stupid like that.

Looking at shorts for tommorrow.

[djayz]

bad day for tsx but most of my metals and mining stocks held up just fine...might be a difference story tomorrow but there is no such thing as sell in may and go away unless ofcourse you want to miss out on all the good deals :D

[max_boost]

Whoa that was a lot of red today. :rofl:

[Mckenzie]

Nothing but red that I saw today.

Looking for a pop on NSM soon here...nice volume and close towards the end of the day. I think news here will be imminent...

[max_boost]

Anyone here subscribe to James Dines letter? I think it was rav4guy who first mentioned it. After checking out the website, how rich is this guy? His record is phenomenal.

[liquid1010]

LVN... nice :D

[Altezza]

Originally posted by max_boost
Anyone here subscribe to James Dines letter? I think it was rav4guy who first mentioned it. After checking out the website, how rich is this guy? His record is phenomenal.

I don't subscribe, but I've read his book, "Mass Psychology." I recommend it for a good read.

[max_boost]

How old is this guy? Mid 70's? To subscribed it's $365USD for 2 years. It seems like a lot of money but given his track record, looks like it's well worth the money. Plus it's a lot more legit than those 'get rich schemes' haha

[Canmorite]

Originally posted by liquid1010
LVN... nice :D

On a rampage. Broke right through that 0.24 resistance.

[bigbadboss101]

Getting butt kicked today folks?

RSG reaction to news not so good. :whipped:

[davidI]

Wow, am I ever happy I sold out of ASX back when it was close to $2.

I'm not liking what I'm seeing in the few stocks I held onto though!

[Mckenzie]

^ Yeah I hear ya....I got out at 2.40 so I am a happy camper no doubt on that one. As for my other holdings...well...not so happy.

I am watching 40 stocks and 3 are green lol...ugly out there...

[Canmorite]

Yeaaa not a nice day. Shorted Nasdaq E-Mini this morning and thats about it. Boring day.

Shorted USD/CHF, tight stop.

3150? We saw this same kinda decline around the same time last year...

http://img53.imageshack.us/img53/3931/venture010507lq2.png/

[liquid1010]

Yea, I agree with ASX. I sold out just over $2, and am happy I did so.

Right now, and for the past week I've been sitting on cash just waiting for this slide to end.

Only long in two holdings right now, and one of them is a long-term high dividend play.

[Canmorite]

V.APM. Jumped in this morning and holding. Probably only for a few days.

[Schwa]

RSG owned me. Any advice if I should buy more at this price? Haha. There was nothing "bad" about the news after reading it over twice. So I'm not sure what investor sentiment is.

[Justing]

^^:werd:
wtf happened?!? :cry:

[Altezza]

Originally posted by max_boost
How old is this guy? Mid 70's? To subscribed it's $365USD for 2 years. It seems like a lot of money but given his track record, looks like it's well worth the money. Plus it's a lot more legit than those 'get rich schemes' haha

I know people who subscribe to his letter. He's getting pretty old. If you get a chance, read that book.

[bigbadboss101]

RSG still sinking! Must be an reentry point somewhere.

[Si_FlyGuy]

So...how 'bout that NIO?:bigpimp:

[Canmorite]

Most likely. RSG Bouncing off 0.25 nicely.


Originally posted by Si_FlyGuy
So...how 'bout that NIO?:bigpimp:

http://funkyheart.com/images/stories/Borat/verynice.gif

EDIT: (Again) DNDN on a fucking rampage. My shares up +1.06 right now :love:

[Si_FlyGuy]

DNDN - Very nice. How much? :rofl:

[djayz]

wow look at brookfield asset mngmt soaring 8%!!!

too bad I sold it and bought more BLE :bigpimp:

[Canmorite]

Originally posted by djayz
wow look at brookfield asset mngmt soaring 8%!!!

too bad I sold it and bought more BLE :bigpimp:

Someone was talking about BAM on BNN this morning. Same thing with BLE a few days ago. Craaaazy :nut:

[max_boost]

BLE is relentless. I hesistated at every freaking price point lol what to do?!

[max_boost]

TEL up 13% for the day 0.76--->0.86
Cost is $0.90 so I would like it to go >1.00 haha

BWR up 8% for the day 2.13-->2.29
Thinking of selling for a small profit and rebuying but also worried it'll continue to climb.

Ahhh....

[Mckenzie]

I'll be holding TEL for a while....lots of news coming down the pipe that could push that one up.

Still waiting for NSM to show me some goods....same with PLE and URA.

Those looking for a Casey Uranium exploration pick might want to check out Hathor Exploration HAT.V- my last Casey pick CGT made me a good chunk and this one has a bit more liquidity to it. It is a genuine explorer with a few JVs in the Athabasca Basin in Sk. near the big boys. Lots of ongoing programs for the year. I will be hanging onto this one for a while I think.

Other holdings.

MLY.TO Moly Fund (doing great)
UF.UN (Uranium Fund- doing nothing for the time being but in RRSP so I'm happy with that)
TRR- long for a while here...lots still to come

[Canmorite]

Originally posted by max_boost
TEL up 13% for the day 0.76--->0.86
Cost is $0.90 so I would like it to go >1.00 haha

BWR up 8% for the day 2.13-->2.29
Thinking of selling for a small profit and rebuying but also worried it'll continue to climb.

Ahhh....

I held on to half my TEL and its been boooring. Coming back to life though. BWR is doing good thankfully. Holding T.MLY too...

[djayz]

Originally posted by max_boost
BLE is relentless. I hesistated at every freaking price point lol what to do?!

buy it and never look back

:thumbsup:

[89coupe]

Recent tip I got.

Platform Resources Inc (TSXV : PFM)

[benyl]

Originally posted by 89coupe
Recent tip I got.

Platform Resources Inc (TSXV : PFM)

Damn, I am all over it! But we needed this tip in Feb... haha, so there is more upside?

hahahaha

Brad, do you know why SGP and ROL.A are sucking?

[89coupe]

Originally posted by benyl


Damn, I am all over it! But we needed this tip in Feb... haha, so there is more upside?

hahahaha

Brad, do you know why SGP and ROL.A are sucking?


Well I just got the tip today so I'm assuming there is more upside, my source has been very reliable thus far.

I finally gave up on SGP after holding it for two years. I did sell half when it hit $1.50 and have been holding on the rest for some time now, finally sold the other day.

As for Rolling Thunder Iwill continue to hold, I have a very large stake in this company. I'm long term, I will hold till they sell the company.

[Canmorite]

Originally posted by Canmorite
DNDN on a fucking rampage. My shares up +1.06 right now :love:

Sold half at +1.95.

[max_boost]

Where is rav4guy? I looked at his pick ZAO and it's up 100% from the time he first mentioned it. Now I'm waiting for a pullback so I can jump in.

I'm going to sell my BWR at $2.40 for a little nice profit. Might buy back later but have to put some cash in the pocket first.

Going to pick up a bit of 89coupe's pick of PFM.

Very nice.

[benyl]

We just need canmore's chart on pfm... lol

[89coupe]

Originally posted by benyl
We just need canmore's chart on pfm... lol

Charts mean fuck all, if charts worked we would all be rich ;)

[Rav4Guy]

Originally posted by max_boost
Where is rav4guy? I looked at his pick ZAO and it's up 100% from the time he first mentioned it. Now I'm waiting for a pullback so I can jump in.

Very nice.

I'm still around. :) I don't think anyone on here picked up any because it doesn't have OIL or ENERGY attached to their name. I think the boats been missed but what price were you looking to pick some up at?

PFM.V - not a buy.

[Canmorite]

Originally posted by 89coupe


Charts mean fuck all, if charts worked we would all be rich ;)

Riiiiight. Not to say they work 100%, but they are a great tool.


Originally posted by max_boost
I'm going to sell my BWR at $2.40 for a little nice profit. Might buy back later but have to put some cash in the pocket first.



Sold the rest of my BWR today too.

[benyl]

Originally posted by 89coupe


Charts mean fuck all, if charts worked we would all be rich ;)

I was just playing. I have taken a number of Finance courses during my MBA... charting is BS for the most part... well except for see what happened, not what will happen.

[Rav4Guy]

^ no one knows what WILL happen though.

[89coupe]

I don't use charts.

Just having some fun. Posted below are the dates I posted the tip, and pic of chart for each company.

All my tips can be found here. All the tips below were posted between page1 and page 17 for the companies below.

http://www.performance-shop.com/yabbse/index.php?topic=23523.0

Dec.18th 2003 BME
http://www.performance-shop.com/bradsstuff/bme.jpg

Oct.5th 2004 LAM
http://www.performance-shop.com/bradsstuff/lam.jpg

Nov.15th 2004 TYS
http://www.performance-shop.com/bradsstuff/tys.jpg

Apr.13th 2005 SUM
http://www.performance-shop.com/bradsstuff/sum.jpg

Sep.21 2005 BCF
http://www.performance-shop.com/bradsstuff/bcf.jpg

Jan.10th 2006 CXX
http://www.performance-shop.com/bradsstuff/cxx.jpg

Jan.25th 2006 PLE
http://www.performance-shop.com/bradsstuff/ple.jpg

May.3rd 2006 NUS
http://www.performance-shop.com/bradsstuff/nus.jpg

[liquid1010]

Saying charts are useless is absurd.

Not that I agree with trading totally based on technicals, but that aspect of behavioral Finance is quite legitimate. Sure, most people would prefer to trade on fundamentals.... But both Financial statements and Charts have their strengths and shortcomings.

Both are important!

[Rav4Guy]

Originally posted by 89coupe
I don't use charts.

Just having some fun. Posted below are the dates I posted the tip, and pic of chart for each company.

All my tips can be found here. All the tips below were posted between page1 and page 17 for the companies below.


:rolleyes: post up any mining charts and you'll see the same uptrend.

on another note, TSX up almost 100 points.

edit: since 2004

Mega Uranium - up 5000%
Pinetree Capital - up 25000%
Laramide Resources - 16000%

[Canmorite]

Originally posted by Rav4Guy
^ no one knows what WILL happen though.

True. No matter what kind of analysis you use, you are always trying to predict which way it will go.

I use TA over Fundamental because I don't understand it well enough. I wish I did, but I don't. The vast majority of people use Fundamental and it works great for them...

Not trying to start a debate here. In the end, the only goal is profits :thumbsup:

[benyl]

I use STA. Stock Tip Analysis.

hahaha.

It has worked for me thus far. Only 1 loser so far. That was cause I let emotions into the mix and got greedy.

[max_boost]

So when is the May sell off happening? I think I'm just going to keep cash available and not buy anything unless it's a really good deal. I don't want to go broke right before summer vacation. :D

[Canmorite]

It may happen, may not. Sorry for the pun.

TSX is in a strong up trend, and it takes a lot to buck that.

[89coupe]

Originally posted by Rav4Guy


:rolleyes: post up any mining charts and you'll see the same uptrend.



Im not posting any, I'm posting mine:poosie:

[Rav4Guy]

Originally posted by Canmorite


True. No matter what kind of analysis you use, you are always trying to predict which way it will go.

I use TA over Fundamental because I don't understand it well enough. I wish I did, but I don't. The vast majority of people use Fundamental and it works great for them...

Not trying to start a debate here. In the end, the only goal is profits :thumbsup:

gloves off buddy. :D

In the end, it's all about the money. Anyone going golfing tmr? :P

[Canmorite]

Originally posted by Rav4Guy


gloves off buddy. :D

In the end, it's all about the money. Anyone going golfing tmr? :P

Bring it!

Golfing? In the rain/snow?

[89coupe]

Originally posted by max_boost


Going to pick up a bit of 89coupe's pick of PFM.

Very nice.

.70 cents this morning ;)

But maybe you listened to rav4guy.


Originally posted by Rav4Guy


PFM.V - not a buy.

[89coupe]

....oh wait .73 cents

...it just keeps going and going....:eek: ;)

[Rav4Guy]

Originally posted by 89coupe


.70 cents this morning ;)

But maybe you listened to rav4guy.



maybe.... but then again it doesn't concern me. 89coupe... your friend's stock tips rock our world. Your friend's a promoter or something?

wasn't this thread pretty civil before you rejoined? :rolleyes:

ZAO at 4.70

[89coupe]

Originally posted by Rav4Guy


maybe.... but then again it doesn't concern me. 89coupe... your friend's stock tips rock our world. Your friend's a promoter or something?

wasn't this thread pretty civil before you rejoined? :rolleyes:

ZAO at 4.70

Just poking back, don't get your panties in a knot;)

[Rav4Guy]

Originally posted by 89coupe


Just poking back, don't get your panties in a knot;)

no panties today.

seriously... is your friend a promoter?

[Z_Fan]

Thanks for the great tip 89coupe. :thumbsup:

[Z_Fan]

OH, and I hope that PFM stays up...;)

[89coupe]

Originally posted by Rav4Guy


no panties today.

seriously... is your friend a promoter?

I'm not at liberty to say. Maybe its just me and my lucky rabbits foot.