Official Short-term Investments Thread

[Disoblige]

Marksmen energy MAH.V about to run
You have a PT?

[sabad66]

Marksmen energy MAH.V about to run

Picked up a small position with some fun money. Let’s see it go!

[el_fefes]

Marksmen energy MAH.V about to run

Damn! up 40%... low volume tho. I've heard about this one before - a buddy bought it a few years ago to 0.50 or so... Any reason for it going up?

[SilverRex]

Hive

this may be the capitulation lower low today. if a significant bottom has been struck, will need to see price hit above 3.08. My next buy order is in the 2.5 which did not trigger

Natgas

with price breaking below 2.85, it has invalidated the immediate bullish setup. while I still believe in bigger upside move in this sector, it has really earned it's nick name the widow maker. the buy low sell high is probably the best way to trade natgas. If cold weather hits it will rally if it doesnt it will drop. I guess nature doesnt follow Elliot waves. With this invalidation, I am going to take my 9% profit off GASL as it also looks like it is in a corrective structure (lower price possible) will wait for better prices

Gold

still holding onto my jnug. 1270 remains my line in the sand if there is any sort of upside surprise. Remember, ideally we are looking for a major low in December. Even if gold does rally another 20-30 dollars, this outlook remains on the back of every technical and EW trader out there. Then again, when you have this many people expecting something in the market, the market tends to do the opposite. So your strategy is to have the ability to anticipate both scenarios.

Oil/bte

not much to say other than the prospect of seeing oil hit 60 or higher has always been the primary target going back many months. that day is around the corner. Energy remains solid in my books

[BavarianBeast]

I’m just damn good at making money ;)

[secol]

run over now i guess? back down to ~0.1

[max_boost]

oh i am annoyed. i missed my ACB order by 2cents and now i have just watched it go up argh.....

buy 4.99 and it got to 5.01 and now it's at 7.2X lol fml haha

[SilverRex]

oh i am annoyed. i missed my ACB order by 2cents and now i have just watched it go up argh.....

buy 4.99 and it got to 5.01 and now it's at 7.2X lol fml haha

I am sure you have your own working strategy but to me I have discovered that you often cannot get the exact timing or price entry. So even if you decide to just allot one trade on any particular stock or investment vehicle, you should always do the scale in approach. I personally like to have up to 3 position. It is more about trying to beat the market on a regular basis and create a comfortable entry and exit strategy than trying to hit the jackpot with 1 large position which often gives you the chills at night.

but do pardon me if I am preaching to the choir.

[taemo]

I am sure you have your own working strategy but to me I have discovered that you often cannot get the exact timing or price entry. So even if you decide to just allot one trade on any particular stock or investment vehicle, you should always do the scale in approach. I personally like to have up to 3 position. It is more about trying to beat the market on a regular basis and create a comfortable entry and exit strategy than trying to hit the jackpot with 1 large position which often gives you the chills at night.

but do pardon me if I am preaching to the choir.

this.
you'll rarely sell at the top and buy at the very bottom, might as well get in when you can.

it's definitely a nice surprise to see ACB 7+ and even APH 10+, just wish I had more funds to buy some more.

wouldn't be surprised if there's another correction happening next week, with the US market closed today maybe people were just bored and buying weed stock instead lol.

[BavarianBeast]

Selling marijuana stocks at this point in time is like selling oil stocks before a major war is about to break out in my opinion.

[mr2mike]

There's always the day traders / swing traders out there.
Sell at top, buy on a pull back. Repeat.

Think this way, if max_boost didn't sell at $6.94 or whever it was, he would have ridden it back down to $5. THen back up to $7.2. Making less $.
If he sold like he did and then got in at $5, could have made more than just riding the wave. This is the short term investment thread after all. ;)

[KappaSigma]

Marksmen energy MAH.V about to run

Releasing news on monday about step chznge to hz wells.

[BavarianBeast]

Releasing news on monday about step chznge to hz wells.

You got er Pontiac. Tuesday I’m thinking

[el_fefes]

You got er Pontiac. Tuesday I’m thinking

Is that the news release that was just posted?

https://globenewswire.com/news-release/2017/11/27/1206344/0/en/Marksmen-Announces-Operations-Update.html

[asp integra]

joined in on the HIVE fun at 2.89. Will see where this goes...

And sold this morning at 3.50!

[el_fefes]

^Nice - i pulled the trigger too early... got out at 3.31. Profit is profit tho.

[realazy]

^same here. Got out at 3.43

[ickyflex]

It amazes me how out of flavor canadian O&G is. Wonder if these equities will ever trade the the multiples they once did.

What's your charts looking like on Oil/BTE/MEG these days?

[Mostwanted]

Yeah webbroker shows it in real time but you have to keep pressing refresh, one of the reason why i opted for the Advanced Dashboard was to see real time movements lol. Awee well ill see if i can trade Hive through web broker seems like i missed the run ughh!

[SilverRex]

hive

looks like a solid major bottom off 2.6, I believe we are in an extended 5th wave sequence with one more higher high to top out. I have sold and took my 34% profit. will wait for a back test between 3.2-3.6 to buy back.
once price breaks below the rising channel, price should seek out the low 3s - in theory of course

update: did I get lucky? price collapsed and now halted at 3.28. I reckon I could also count 5 waves being completed so perhaps the correction came sooner than we think. Will try to rebuy in the current area if possible.
buying back at 3.37

https://s17.postimg.org/sbcyicran/hive_11-28-2017.png

[SilverRex]

It amazes me how out of flavor canadian O&G is. Wonder if these equities will ever trade the the multiples they once did.

What's your charts looking like on Oil/BTE/MEG these days?

well if you go back to my big picture chart on bte, I do see better days ahead for oil producer. however for the short term, the latest action looks corrective. dont take my word, but I feel the correction isnt done and price needs to head lower first before heading higher

[SilverRex]

hive - updated

so the extended 5th wave was completed this morning. that is why I never wait until the last wave to take profit / or buy in. since you can often miss it if the final wave was either in or truncated early. After selling at 4.00, I bought back at 3.37 considering it hit my wave 2 buy zone. If this is a shallow correction, then price could quickly make another aggressive advance with small pull backs and onto new highs. but it has not corrected enough with time so it is still possible we will get a larger wave (B) bounce as an alt count follow by one more drop lower (kinda like ACB when price came down to make a lower low and shortly after completing the ABC correction, it went on to make new highs.

https://s17.postimg.org/v5kp9wlj3/hive_11-28-2017_B.png

[SilverRex]

with the high 5 wave top being struck at 4.10, then the 61% retracement could reach down to the 3.10-3.17 area. I will be placing a 2nd limit order in that zone shall hive need to head lower to complete this correction.

[taemo]

GLH is up 55% today :clap:

I was planning to sell my stocks at a loss sometime next year if it kept hanging around $0.22 but with their latest announcement and possibilities of merger/acquisition next year, I might keep this a little bit longer

[ickyflex]

Does anyone own BTL (BTL Group). They develop blockchain solutions for Enterprise (BP/Visa) Trials thus far.

Curious if it's not a bad entry point despite it catching fire over the past few months

[mr2mike]

GLH is up 55% today :clap:

I was planning to sell my stocks at a loss sometime next year if it kept hanging around $0.22 but with their latest announcement and possibilities of merger/acquisition next year, I might keep this a little bit longer
Nice work. Saw it at +30% and thought that's all it's got today. Especially in a down day for MJ.

[SilverRex]

hive

so far hive has given us 3 waves off the correctional low of 3.25. count wise, this looks like the wave (B) top has been struck and so confirmation is that if we see it break below 3.50, there is a very high probability we will see a price lower than 3.25 to which I will add a 2nd position. However, it can also turn bullish with a 1-2, 1-2 setup (green count) then price needs to break above 3.95 and turn 3.70 in to a major support zone

https://s17.postimg.org/4stp9vvcv/hive_11-29-2017.png

[mr2mike]

So Google's gone and messed up their Finance page. It's only on half of my computer screen and massive icons... clearly made for those intense AAPL traders on an iPad.

What's a better site to load your portfolio of CANADIAN Venture stocks to watch without logging into your bank's finance trade station?

[ickyflex]

So Google's gone and messed up their Finance page. It's only on half of my computer screen and massive icons... clearly made for those intense AAPL traders on an iPad.

What's a better site to load your portfolio of CANADIAN Venture stocks to watch without logging into your bank's finance trade station?

I also need to find a new portfolio tracker

[JustinL]

I switched to Yahoo. I liked google's layout better and there was less advertising, but Yahoo can show me my portfolio in one click which is nice.

[SilverRex]

selling half my UGAZ with the recent natgas move.

[schocker]

I also need to find a new portfolio tracker

Just make a spreadsheet on google sheets and use the =googlesheets( function.

https://support.google.com/docs/answer/3093281?hl=en

Works great and very easy to use to track. Easy to pull up on phone by just opening the sheets app as well.

[max_boost]

Back into ACB for $5k worth at $6.99 lol

[OTown]

Ended up selling HIVE at even and forwarding that to Netcents (NC.CN). Made a killing (133%) last couple of days, only for that to lower a bit today. Its very undervalued IMO and has had some great news to propel it.

[SilverRex]

Hive.to

as expected. hive dropped below wave (A), and so my order at 3.11 triggered. Now I have two position in this. hoping this is a clear 5 wave up, ABC 3 wave down and onto new highs

https://s17.postimg.org/wv4teooj3/hive_11-30-2017.png

[ickyflex]

So Google's gone and messed up their Finance page. It's only on half of my computer screen and massive icons... clearly made for those intense AAPL traders on an iPad.

What's a better site to load your portfolio of CANADIAN Venture stocks to watch without logging into your bank's finance trade station?

https://finance.google.com/finance

Try this as a temporary fix until you find something else

[SilverRex]

gold

quite bearish. any rally was unable to hold, I guess the expectation of a December bottom remains inplay. looking for gold in the low 1200 before looking for better opportunity in this sector. exiting my jnug with a very slight loss. While gold has not broking 1270, the miner equivalent has already did so, and I will use miners as the leading indicator for further weakness

https://s17.postimg.org/ut8xe90j3/gold_11-30-2017.png

[SilverRex]

bought back my UGAZ position after selling it at the top yesterday.
also picked up a small position in fcx with today's dip

[taemo]

Back into ACB for $5k worth at $6.99 lol

over 10% gain, nice!

[max_boost]

the low for acb today was 6.1 and just closed at 8.00 :nut: riding that mj train haha

[zhao]

the low for acb today was 6.1 and just closed at 8.00 :nut: riding that mj train haha

wow was I ever sleeping at the wheel. i was watching it at various points today but only noticed it was down at 6.75 and then up to 7.25... i totally missed its spikes at opening and close. After a few red days for everything i watch pretty much everything today was green.

[SilverRex]

fcx

took a position near the close yesterday. every since fcx managed to close back above 14.00, it feels like 13.23 may have been the bottom. let see if fcx can finally make some clear moves after 3 months of consolidation.

https://s17.postimg.org/3n4v2oanz/fcx_12-01-2017.png

[SilverRex]

BTE

big picture count.

it had a bullish Ro4 breakout (4th try), has a clear 5 waves up for major 1 follow by 3 waves down for major 2. I expect BTE to challege way above 7.00 of the course of 1-2 years with double digit.

https://s17.postimg.org/p8smo3en3/bte_11-14-2017.png

for those asking about energy shares bte or even meg. the big picture hasnt changed. I think a significant bottom is in and the action today appears wave 3 of 3 of i is underway

[SilverRex]

with the way oil and bte are moving and now seeing Pony taking out the 3.1 resistance. it is hard to imagine Pony shares would be making a double bottom or lower low. or so I am trying to see a more positive count. meaning the last big move up to 3.8 was indeed wave 1 and the drop to 2.8 is wave 2. which means Pony should now be in a wave 1 of 3 of 1 sequence. if this is the case we should see Pony retesting the previous high of 3.8-4.00 this month and well over 4.00 in Q1 2018

[SilverRex]

Hive

right now it is right up against the upper wedge line. let see if it can breakout to give the bullish count some life.

https://s17.postimg.org/8xef7rhqn/hive_12-01-2017.png

[VWEvo]

What are you looking to buy HIVE at right now, and how long would you hang on to it?

[SilverRex]

What are you looking to buy HIVE at right now, and how long would you hang on to it?

are you asking me? I already have two positions planted. one at 3.37 and one at 3.11. while I am expecting hive to breakout here, this is a key area. a bearish scenario could still force a big turn here and push hive below 3.00. For the bigger picture, Hive needs to not break the low on Nov24 to remain technically healthy. I definitely would not recommend chasing here, normally these area can be a top. It would increase your odds to wait for a breakout then a backtest (back in the current trading range) then again there is also no guarantees price will always back test breakout lines. But it is however very common.

[VWEvo]

Thanks, I appreciate the insight

[VWEvo]

Any thoughts on Cardinal Energy? (CJ)

[SilverRex]

Any thoughts on Cardinal Energy? (CJ)

it looks like it has a similar charting/pattern as BTE. with a rising oil prices, all energy shares are in a new up cycle.

[OTown]

I really cant see HIVE being all that profitable anymore unless they announce expansion into more farms. At the end of the day all they really have are a bunch of computers 'mining' and a limited cryptocurrency portfolio. IMO it's SP has plateau'ed and along with that short-seller's report is still haunting that stock. I've sold my HIVE and I'd be looking elsewhere for quick growth companies in the blockchain market.

After selling HIVE I put that money into Netcents (NC.CN) which went up 130% in 2 days. BTL.V and LTV.V are good companies as well to look into IMO. I've also put in some money into ID.V which has some great growth potential.

Do your research and your own due diligence.

[roopi]

I really cant see HIVE being all that profitable anymore unless they announce expansion into more farms. At the end of the day all they really have are a bunch of computers 'mining' and a limited cryptocurrency portfolio.

IMO I've sold my HIVE and I'd be looking elsewhere for quick growth companies in the blockchain market.

I doubled my Netcents (NC.CN) in a single day, and BTL.V and LTV.V are better investments IMO

NC has been a crazy ride. Way to volatile for me after two days of trading it.

[OTown]

NC has been a crazy ride. Way to volatile for me after two days of trading it.

Its crazy volatile but I've sold my initial investment and am now just watching my profits ride up/down without any risk really. They have some great agreements and their currency market just went online so we will see how it goes next week. I've also updated my above post with a few more details.

[zhao]

Any thoughts on Cardinal Energy? (CJ)

my opinion is this wave looks like it'll hit 5.60+ and will happen within the next week or 2 (no guarantees tehre though just my opinion).

what I see for the future of this stock:
if oil stays in the current price range or above this company is in very good shape. That dividend is sustainable, which alone means we should see a slow creep trend back up to $7+ as a conservative bet. this is a 3-12 month time span i see, likely 6-12.
They have a potential asset sale in the works which should benefit the stock price. This could affect the price as soon as the q4 report
If oil creeps back up $10 more we could see this as a double digit stock again and if oil holds high prices for a year + we could see it deep in to the double digits. That's looking 1-2 years+ in advance though

The downsides I see are:
canadian oil and gas, talk about a pariah to invest in. no ones looking, or wanting to touch canadian energy right now. that could change as fast as you flip a light switch though, or it could last forever.
oil could tank under $50 again, which puts that dividend in jeopardy.


But imo i think this stock is a pretty safe bet, which is why i bought in to it, on the dip of the last wave. When I bought this stock I said when i sell my mining stock next (shoulda took silverex's advice on that one, it did not do what i figured it would do with one more spike, and trended down like he said it would) i'll likely go in to this and pony a lot bigger and that's still the plan.

[VWEvo]

Thanks,

I've heard similar sentiment from other investors and I will likely shore up my position in Cardinal as well. I've heard from a couple other guys to get out of Baytex and stick with Cardinal.

[SilverRex]

Bte

right now the main count is wave 3 of 3 in progress, with this bte must not break below 3.17 to maintain the bullish count. failure to break higher and taking out 3.17 below would immediately suggest the correction has not finish and we are in some sort of running flat with 5 waves back down below 3.00

https://s17.postimg.org/6zosu63lr/bte_12-04-2017.png

[ExtraSlow]

Cj is definitely above average in terms of Canadian oil stocks. Don't see huge upside for the entire sector though.

[Magic8Ball]

gold

quite bearish. any rally was unable to hold, I guess the expectation of a December bottom remains inplay. looking for gold in the low 1200 before looking for better opportunity in this sector. exiting my jnug with a very slight loss. While gold has not broking 1270, the miner equivalent has already did so, and I will use miners as the leading indicator for further weakness

https://s17.postimg.org/ut8xe90j3/gold_11-30-2017.png

SilverRex, Anymore thoughts on GOLD and what the carnage would look like for a December bottom? Seems like having GOLD weak is just going to drag down a good chunk of my Holdings such as MUX.TO, FCX.TO and Silver is following GOLD close enough which means my USA.TO as well. Hehe...feel like Santa gave me my coal early! : )

[SilverRex]

Pony

possible 1-2 setup here. 2.8 must hold to keep this bullish outlook

https://s17.postimg.org/x42fse667/pony_12-05-2017.png

[SilverRex]

SilverRex, Anymore thoughts on GOLD and what the carnage would look like for a December bottom? Seems like having GOLD weak is just going to drag down a good chunk of my Holdings such as MUX.TO, FCX.TO and Silver is following GOLD close enough which means my USA.TO as well. Hehe...feel like Santa gave me my coal early! : )

well that is the thing about these markets, the timing is usually the hardest to predict. I have mux, usa and fcx too. if you think about it, they arnt moving much when gold was moving much higher so I dont expect them to move too much to the downside either. They have been sold off early and could very well bottom ahead of everyone else which to me would be a good leading indicator that something is up.

everyone will have forgotten the strong commodity bounce in 2016 after a very lack luster year. But those who follow it understand commoidities in 2017 actually held up well, if anything I would say it was flat to slightly up depending on what you are holding. From some of the people that I follow, I am expecting 2018 to be a strong year for commodities as the negative sentiment favors it.

[meeiu]

Congrats to all the APH holders today! They struck a deal with Shoppers! :clap:

[taemo]

Congrats to all the APH holders today! They struck a deal with Shoppers! :clap:

It was nice to see the 15% surge this morning :clap:

[max_boost]

APH is my dispensary too and I had a buy order last week for 10.22 but didn't pull the trigger.

[ercchry]

Isn’t that deal pending LP approval from health Canada still?

[max_boost]

No clue bro. You know me I’m just guessing hahaha

Some friends said aurora was better so I switched haha sound strategy eh? Lol

[VWEvo]

No clue bro. You know me I’m just guessing hahaha

Some friends said aurora was better so I switched haha sound strategy eh? Lol


Lol,

I'm the same. Just riding what smart people tell me, and hope for the best.

I have a successful day trader telling me to get in on CRZ (Cannaroyalty). Waiting for ACB to come back into the $6's.

[el_fefes]

Got out of MAH at 0.14 for +40%... is it gonna keep going up?

[ercchry]

No clue bro. You know me I’m just guessing hahaha

Some friends said aurora was better so I switched haha sound strategy eh? Lol

APH seems to be locking down some major contracts... aren’t they the ones that are going to be supplying all of NB when recreational is legal?

[SilverRex]

Hive.to

So far Hive has not been able to gain any traction to the upside. while it is close to the Nov low near 2.6. I am still going to view the initiate rise off 2.6 as being a sub wave i. However if 2.6 breaks, I will probably reduce my position as that would invalidate the current count and suggest the entire drop as being a larger degree wave (A) down, the pop was wave x or (B) then it will open downside target into the 1.6 zone. A 3rd scenario would be that even if further weakness lies ahead, I would expect a higher high above 4.15 to market wave (B) before the drop to 1.6, so right now it is a holding pattern for me.

https://s17.postimg.org/uu5l9ju9r/hive_12-06-2017.png

[SilverRex]

Silver

Remember gold and silver both had a significant bottom in 2015 and 2016 in December. And so I expect more or less the same thing is happening in this sector. While Bitcoin is having the blowoff top. It may very well have topped. I see silver taking the charge and finding a bottom first before gold. Anything below 16 is just a great buying area imo. Maybe a small wave 4 bounce still follow by a lower low. Gold probably has another 20-30 dollars to go

https://s17.postimg.org/4dyjyfi67/silver_12-07-2017.png

[TYMSMNY]

Lol,

I'm the same. Just riding what smart people tell me, and hope for the best.

I have a successful day trader telling me to get in on CRZ (Cannaroyalty). Waiting for ACB to come back into the $6's.

prob going to see it break below 6 and into the $5 support. not much volume comparatively this week.

[ickyflex]

Does anyone own BTL (BTL Group). They develop blockchain solutions for Enterprise (BP/Visa) Trials thus far.

Curious if it's not a bad entry point despite it catching fire over the past few months

Apparently I should have just listened to my gut lol.

Still interesting to follow

[OTown]

Apparently I should have just listened to my gut lol.

Still interesting to follow

I own some. Seems like a great company with massive potential! They have some huge clients already as well. Made lots on it so far

So far in my 'BTC/high volatile' portfolio I have the following:

BIGG.CN
BTL.V
ID.V
LTV.V
NC.CN
PYR.V
XMG.CN

[SilverRex]

hive doesnt seem to have any momentum despite bitcoin making headlines also heard they are releasing locked up shares, which does not help. Exiting my position at break even. will take a chance for a better entry if it does come down to the 1.6 area. Scaling into Jnug starting at 12.44

[zhao]

The only block chain stock I own is Hs (Health space data) and I only risked 5g in it, but for a micro cap it trades in decent volume which is one of my criteria for a stock.

Rht I found probably has lots of potential too left. I bought in to hs after rht started getting close to a dollar as I figure hs has a decent chance of mimicking rht growth numbers in the new year. I started looking at other blockchaims like rht after I thought I missed the boat on btl.

First true penny stock I bought but so far seen a real nice return this week on hs. We've see it go from 10 cents to 18 cents peak, with a close of 16 for end of week. Some think it could hit 50 cents plus next year. I personally think anything between 1 cent to $1 is believable.

[KappaSigma]

hive doesnt seem to have any momentum despite bitcoin making headlines also heard they are releasing locked up shares, which does not help. Exiting my position at break even. will take a chance for a better entry if it does come down to the 1.6 area. Scaling into Jnug starting at 12.44

Hive does not mine bitcoin.

[SilverRex]

Hive does not mine bitcoin.

I know this and they are a Ethereum play. I mention bitcoin in the context of major Cryptocurrency action and Hive should have been in the spot light which wasnt gaining any love at all. couple with the coming locked shares coming onto the market I think is this week. short term doesnt look too good. and the alt count with the potential of hitting the 1.6 zone may be a better bargain for me anyways.

[BavarianBeast]

Marksmen energy MAH.V about to run


Up 100% since posting. Doesn’t seem to be losing steam.

[sabad66]

Up 100% since posting. Doesn’t seem to be losing steam.

literally just came here to say thanks lol.

good time to sell or will it run more??? wish i got more than $1000 worth haha

[sabad66]

literally just came here to say thanks lol.

good time to sell or will it run more??? wish i got more than $1000 worth haha

screw it, out at .195. will take my profit from .10 and run. good luck to anyone holding it longer

[BavarianBeast]

literally just came here to say thanks lol.

good time to sell or will it run more??? wish i got more than $1000 worth haha

My pleasure! I still think there is some upside in holdi for the next 3-4 months. I was hoping for a $0.30-$0.35c exit, but I’m a dreamer.

[BavarianBeast]

MAH @ 24 cents. Enjoying this run. If only PONY could make some progress...

[SilverRex]

I am waiting for Ripple to finally breakout. up 38% today. bought at 0.20, need to see it finally close above 0.30

[Chandler_Racing]

hive doesnt seem to have any momentum despite bitcoin making headlines also heard they are releasing locked up shares, which does not help. Exiting my position at break even. will take a chance for a better entry if it does come down to the 1.6 area. Scaling into Jnug starting at 12.44

I've been watching Hive closely that last few weeks. Was going to enter in a position at 3.15 but got gun shy... should of.

My hesitation is if you read their financials they spent something crazy like ~$25m which included $9m of assets and $16m of expense (asset which didn't qualify as one) for a couple future sites on a "best efforts" basis.

With the massive appreciation of ETH prices since they released their financials and considering they hold coins mined I can imagine they will have a significant MTM gain and lots of sales growth...

[zhao]

hive had a nice run today.

Pony did what i thought it would do... go down and down and down again lol, for no damn reason other than being canadian oil and gas in a NDP province next to a NDP province in a liberal country + not having any way to get its product to the market that gives it reliable pricing.... but its back to being a hell of a deal.

IMO there is a chance it tests a new low, possibly as low as 2.25..... but that would be really odd considering its profitable and was $10 last year. shit companies like sears that were 1-2 years away from total bankruptcy had similar graphs........ and pony isn't going bankrupt.... so should be a no brainer even at 2.68... if it hits 2.5x i'm buying, whether i have to sell a stock, or use my line of credit, or whatever, i'm doubling down. at that price, any decent news should trigger a spike just like we had with Q3 results. AECO prices are pretty shit this week, bute ven at these prices i think pony is still profitable. we should get a cold snap starting next week so AECO prices should go back up to 1.80+ then IMO (currently low 1s).


TV is trending up. few good things about this company right now:
- zinc just fell under 200k tons stockpile on monday, another mental barrier. London metal exchange just went on record that almost all its stockpiles of zinc are currently in new orleans and most of it is dating from 08-10 and is in slab form with basically zinc's version of rust coating it. (this explains why the on warrant and cancelled warrants have been acting weird lately). zinc should be bullish again.
-glencore (basically the debeers monopoly of the commodities zinc world) just went on record on tuesday saying that they will not be increasing production of zinc in 2018, and are actually expecting a reduction of production under their control. THis is extremely good news as at the current rate of zinc stockpile depletion. It is not likely anyone is going to be able to get a mine back online, or up and running in 2018. There are people trying, but its not a easy task and may actually be just smoke and mirrors to get investors money (thinking of an aussie mine specifically that was closed down for not being profitable nad is trying to make it again off the zinc hype train).
- no new zinc has shown up on the market, so its possible the last of the hidden stockpiles has been exhausted, or whats left is waiting for zinc to hit a new high, which means its not going to tank prices before that happens, which means tv should see a big run up before its next minicrash.
-trump has an infrastructure bill out in january, which should be good for using up more zinc.
-production report is out in a month. zinc could spike to a new 5 year high any week from this point on. q4 is out in 2 months, and thx to one mine missing the deadline for q3 will have really wonky skewed numbers in the positive, which if caused q3 to tank the stock price, should cause q4 to spike the stock price from idiots not reading between the lines. i think we will see a new 52week high within about 2 months, and we might see it sooner then that.

[SilverRex]

Ripple

finally closed above 0.30 and technically broken out. Had my position in a 0.20 and so far im up 150%

https://s17.postimg.org/n9zos576n/ripple_12-13-2017.png

[SilverRex]

Gold/miners

Looking for a repeat in this sector for a major bottom in december similar to 2015 and 2016. I have 2 position in Jnug avg price 12.48, got back into ipt.v and sil.v on the low and increased my position in usa.to and mux.to last week. Expecting a stronger rally from this sector with sentiment extremely bearish.

[SilverRex]

bte.to

when bte looked like it was making a major wave 3 of 3 breakout, I caution the alt count as the rise look corrective in nature. and if 3.17 was broken it would mean it is looking for a larger degree wave (c) low. It may or may not break the previous wave (A) low under 2.9, but price is attractive in this region. confirmation that wave (c) of (ii) has been struck is to see price breaking back above 3.17 and turning it into support once again. the wave 3 of 3 move should be quite strong once this multi month correction ends.

https://s17.postimg.org/og3oqvqbj/bte_12-13-2017.png

[asp integra]

Sold all my teck.a today for a 46% gain

[SilverRex]

fcx

this one has been a long time home coming. 1-2, 1-2, and again 1-2. looks like the entry under 14 was a good one. break even will be my stop. if this breakout is real, I expect price will 3 steps up 1 step down and looking for the 20 area.

https://s17.postimg.org/5t4rojg0v/fcx_12-13-2017.png

[jacky4566]

https://i.imgflip.com/210l55.jpg

[el_fefes]

SilverRex - are you planning on holding XRP? Which exchange did you use to buy?

[riander5]

Up 100% since posting. Doesn’t seem to be losing steam.

God damn it i bought your biotech picks and they didnt workout, and i missed this one.

Son of a gun

[SilverRex]

SilverRex - are you planning on holding XRP? Which exchange did you use to buy?

Ripple up over 250% since last friday. I use kraken exchange, got money in less than a week after opening an account. As for my strategy, I am not really sure, but since I did not invest a lot into this, I will most likely hold it as long as I can. if both BTC, ETH and LTC can produce gains of 400-1000% in a short period, why cant Ripple

[riander5]

Selling marijuana stocks at this point in time is like selling oil stocks before a major war is about to break out in my opinion.

Agreed, Im loaded up on WEED, HVST, THCX...

Once I have a bit of spare cash next year im dumping more into Tetra, Aphria, and maybe EMH or MJN... so many good ones if/when it gets legalized

Canadians first movers world wide.. could be big for long term

[Chester]

Agreed, Im loaded up on WEED, HVST, THCX...

Once I have a bit of spare cash next year im dumping more into Tetra, Aphria, and maybe EMH or MJN... so many good ones if/when it gets legalized

Canadians first movers world wide.. could be big for long term

Meh, I sold my acb stocks and made 4x my money, good enough for me.

[riander5]

Meh, I sold my acb stocks and made 4x my money, good enough for me.

No doubt, 400% return is nothing to scoff at. However if I were you id let some of those gains ride and reinvest the original capital if you arent convinced about the sector.

I made a quick 100% on 10k investment in WEED back when they popped from 7 to 14 or whatever... Wish i had kept that in the sector instead of re-investing into fucking oil and losing it all again

[SilverRex]

Gold

while I am fully invested in the gold/mining sector as if the low is in. However an alt count suggest it could still see one more wave lower. So even if this happens, nothing really changes. I am still expecting gold to be strong in 2018 as it is trying to complete it's YCL bottom. In the short term, I think this count is possible if gold breaks 1244 to the downside. And to invalidate this would be to see price break above 1270. Of course if gold can once again get back above 1300, it should be an uber bullish signal imo

Even if gold does make a lower low, there is a good chance miners wont. I expect miners to start leading gold again and the divergence has already started.

https://s17.postimg.org/nm52s8oq7/gold_12-14-2017.png

[SilverRex]

Ripple now up over 300% since friday. Sick

[riander5]

Ripple now up over 300% since friday. Sick

For absolutely no reason, after a massive multi month decline. Crypto is fucked