Official Short-term Investments Thread

[rx7boi]

Canada Goose is my new Golden goose!

Congrats man. Didn't you pick up GOOS when it was around 50? Or did you buy more when it dipped to 40 around Xmas?

[16hypen3sp]

Fuck me, I own CN.

[Sugarphreak]

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[Disoblige]

MEG under $5.

Looking at first entry at $4.49. May be a long hold and will add more as we dip lower.

[Chandler_Racing]

MEG under $5.

Looking at first entry at $4.49. May be a long hold and will add more as we dip lower.

Agreed. I have had a $4.50 target price for a while.

[rx7boi]

Yeah when they announced they were delaying opening their Beijing store and people thought a Chinese boycott was going to hurt them. The stock dived I picked up as much as I could. I've made a small mint on it, haha. I plan to hold it until it gets up to around 80.

Yeah I was thinking you bought around mid December when it was 50 which is what it's roughly at right now, so I figured you might have bought more when it dipped even harder.

Either way, it was a good buy!

[msommers]

GOOS dropped off a cliff this morning. What's up?

[rx7boi]

Maybe the trade war news that they can't work anything out thus far?

[ercchry]

GOOS dropped off a cliff this morning. What's up?

Trading karma I think is the technical term... as soon as sugarphreak started to brag :rofl:

[roopi]

GOOS dropped off a cliff this morning. What's up?

It was downgraded by Wells Fargo:

https://www.thestreet.com/investing/stocks/canada-goose-gets-clipped-by-wells-fargo-downgrade-14844258

[Misterman]

It was downgraded by Wells Fargo:

https://www.thestreet.com/investing/stocks/canada-goose-gets-clipped-by-wells-fargo-downgrade-14844258

Crazy how manipulated the stock market is. Big firms like this with so much leverage can get the stock over sold on what amounts to a guess by some advisor. Then scoop up the stock and wait for it to rebound.

[Disoblige]

As long as you acknowledge you're playing in a manipulated and unfair playing field, that's the first step to make (or conserve) money.

[Misterman]

As long as you acknowledge you're playing in a manipulated and unfair playing field, that's the first step to make (or conserve) money.

For sure. Personally I like to watch these types of things and capitalize on them myself. It's just mind boggling how much power some of these banks have.

[BavarianBeast]

The best is when MMs get caught with their pants down. 3 years ago I was heavily invested in a stock called Ariad pharmaceuticals. Bernie Sanders tweeted some bullshit about their drug prices and slandered them. Stock dropped over 60% in a couple days, and had HUGE short interest. Couple weeks later they were bought out at a huge premium and all the shorts got burnt hard. Feels good when MMs take hit.

[max_boost]

Trading karma I think is the technical term... as soon as sugarphreak started to brag :rofl:

haha ya that karma is real lol

[Sugarphreak]

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[Sugarphreak]

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[O&G]

Rolling the dice and buying some HOU and UGAZ

[rx7boi]

I picked up DGAZ and held it over the weekend. Was glad it panned out but I don't think I'd ever hold bags like that again haha.

[BavarianBeast]

I just bought some ugaz this am too. Lets go shoooooteerr

[O&G]

I just bought some ugaz this am too. Lets go shoooooteerr

I sold my ugaz yestetday - lost a little. But kept my hou. Based on pre mstket bids look to make up the difference plus

[BavarianBeast]

I will hold until end of week and see what happens.

[BavarianBeast]

Bought some puts on WEED a couple of hours ago, feeling like gambling these days!

[Disoblige]

MJ sector should cool off a little bit after the pretty decent run over the past week or so.

Had a quick in and out play with SLNG IPO today. Will keep an eye on it over time, as I think branding for packaged MJ goods is very important for this sector.

[rx7boi]

TSLA Q4 report comes out later tonight.

[roopi]

MJ sector should cool off a little bit after the pretty decent run over the past week or so.

Had a quick in and out play with SLNG IPO today. Will keep an eye on it over time, as I think branding for packaged MJ goods is very important for this sector.

Agreed regarding branding/distribution for the U.S. market. I've been invested in CannaRoyalty / Origin House for just over a year now.

[Disoblige]

Damn... Should have held my SLNG from 1.79 lol.

[rx7boi]

Edit: Didn't read

[Misterman]

Finally got to dump Facebook today. Nice rise on their earnings release.

[roopi]

Finally got to dump Facebook today. Nice rise on their earnings release.

Why sell now? Stock has been doing terrible over the last few months but its starting to turn around.

Facebook Annual Revenue:
2018 - $55.8 B
2017 - $40.7 B
2016 - $27.6 B
2015 - $17.9 B
2014 - $12.5 B
2013 - $7.9 B
2012 - $5.1 B
2011 - $3.7 B
2010 - $1.9 B
2009 - $777 million
2008 - $272 million
2007 - $153 million

[Misterman]

Why sell now? Stock has been doing terrible over the last few months but its starting to turn around.

Facebook Annual Revenue:
2018 - $55.8 B
2017 - $40.7 B
2016 - $27.6 B
2015 - $17.9 B
2014 - $12.5 B
2013 - $7.9 B
2012 - $5.1 B
2011 - $3.7 B
2010 - $1.9 B
2009 - $777 million
2008 - $272 million
2007 - $153 million

Because there is a lot better opportunities to make money short term. I'm not much of a long term investor. I don't have much doubt that long term FB will be a power house, they still have so much more they can exploit in the world of advertising value. But in the short term I don't like all the uncertainty. Their still under investigation for breaching privacy data among other things. If I see another down turn I might jump in again. Also, at their stock price it's hard to make much percentage return even on a bit of a swing.

[ercchry]

If you want a larger return, just leverage some options!

[msommers]

UGAZ has been taking a shit kicking lol

[Misterman]

If you want a larger return, just leverage some options!

Haven't been brave enough to fuck with options yet. lol tempting though.

[spike98]

Haven't been brave enough to fuck with options yet. lol tempting though.

They litterally cannott go tits up

[Misterman]

They litterally cannott go tits up

?? They literally can, hence the huge returns possible with them, because they carry big risk. Do you mean you figure your picks are so good that you'll be fine?

Pembina PPL.TO just made the official announcement that they are approving the 4.5billion expenditure to build the Polyprop plant around Redwater. Their stock has been having a great run since a 40$ low in December. I'm kind of unsure how it will go today? My gut says it will go up because of the positive future profits that will now be coming. But 4.5billion isn't cheap and will affect the books, big expenditures are known to hurt stock price.

[ThePenIsMightier]

?? They literally can, hence the huge returns possible with them, because they carry big risk. Do you mean you figure your picks are so good that you'll be fine?

Pembina PPL.TO just made the official announcement that they are approving the 4.5billion expenditure to build the Polyprop plant around Redwater. Their stock has been having a great run since a 40$ low in December. I'm kind of unsure how it will go today? My gut says it will go up because of the positive future profits that will now be coming. But 4.5billion isn't cheap and will affect the books, big expenditures are known to hurt stock price.

I thought that project was InterPipeLine. Is Pembina doing a second one or are they JV with IPL?

[spike98]

?? They literally can, hence the huge returns possible with them, because they carry big risk. Do you mean you figure your picks are so good that you'll be fine?

Its a r/WallStreetBets thing. Of course they can. Options can literally go to Zero.

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I thought that project was InterPipeLine. Is Pembina doing a second one or are they JV with IPL?

Second one in the area, this one is a JV with CKPC. The IPL one is not associated with PPL. PPL does own AEGS which does supply the IPL plant.

[O&G]

Loaded up HOU had 6.

[O&G]

Loaded up HOU had 6.

Sold most at 6.18.

[Misterman]

Its a r/WallStreetBets thing. Of course they can. Options can literally go to Zero.



lol. Might have to swing by there and read around a bit. I have a buddy that plays some options and does alright. Says he just uses picks that a user on Reddit posts.

[spike98]

lol. Might have to swing by there and read around a bit. I have a buddy that plays some options and does alright. Says he just uses picks that a user on Reddit posts.

It will give you a headache, i promise lol.

[O&G]

Oil looking to pull bsck again this AM - going to buy HOU at 6 and lower - hopefully my bids fill.

[Sugarphreak]

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[O&G]

Does one buy Cronos when down 10% on a day?

[bourge73]

Crescent point is a screaming deal. Especially with the dividend

[roopi]

Crescent point is a screaming deal. Especially with the dividend

Didn't they cut the dividend a couple weeks ago to $0.01/quarter from $0.03/month?

[Misterman]

Does one buy Cronos when down 10% on a day?

If you go by the MACD it looks like it's poised to go up a tad here shortly.

[Disoblige]

Oil looking to pull bsck again this AM - going to buy HOU at 6 and lower - hopefully my bids fill.
I'm just curious. Why do you play UGAZ/DGAZ but not UWT/DWT instead of HOU/HOD? Just want less volatility for oil?

[O&G]

I'm just curious. Why do you play UGAZ/DGAZ but not UWT/DWT instead of HOU/HOD? Just want less volatility for oil?

Only have so much cash in each acct. Plus im a bit superstititions. Done well on both so dont want to change up the combo

[O&G]

Fun the last couple days. Set bids to buy cronos at 10% down and then flip. Making money on the way down!

[msommers]

Got in at 5.90 with HOU

[Disoblige]

Got in at 5.90 with HOU
Classic inventories play :thumbsup:

[BavarianBeast]

Still holding UGAZ and injected a bit more money into it on Monday. Finding it hard to believe that Nat Gas is still trading under $3.

WEED put starting to look decent.


Put 30% of my portfolio into suncor today despite how shitty Canadian oil is. #yolo

So far so good, getting nervous though. Might sell off at EOW.

[O&G]

Fun the last couple days. Set bids to buy cronos at 10% down and then flip. Making money on the way down!


In and out 3 times today. Ill take my 1.5k profit and see what tomorrow brings.

[msommers]

You guys gotta be playing with some serious cash to be getting those gains in a day lol

Perspective is everything.

[BavarianBeast]

You guys gotta be playing with some serious cash to be getting those gains in a day lol

Perspective is everything.

That's why I like to talk in percentage gains when it comes to talking about investing. It's all that matters, when you make 1% of 10 million bucks it's 100k but a 1% gain isn't anything to talk about.

[O&G]

You guys gotta be playing with some serious cash to be getting those gains in a day lol

Perspective is everything.

Depending on the day i will swing between 25k to 50k

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That's why I like to talk in percentage gains when it comes to talking about investing. It's all that matters, when you make 1% of 10 million bucks it's 100k but a 1% gain isn't anything to talk about.

Im the opposite. I aim for 1-2% gains on 10k trades. In and out and look to do as many as possible. My goal is 150 profit per day as i have a day job. So any trading i can do is gravy.

[Misterman]

Im the opposite. I aim for 1-2% gains on 10k trades. In and out and look to do as many as possible. My goal is 150 profit per day as i have a day job. So any trading i can do is gravy.


This is my mindset too. Everyone likes to talk percentages, but making 40% on 100$ means nothing. What do I physically need to make every day to live comfortable? Personally I'm shooting for around 1000$/day. 1% sounds like nothing, but compounded over a year making 1% a day, means you're well over 200% for the year. A simple 150k trading account should satisfy my earnings requirements. Hitting home runs for huge percentage returns on single trades is a tough game to be consistent at. But a monkey throwing darts at a board of stocks could have a decent success rate of making 1% a day.

[O&G]

I'm just curious. Why do you play UGAZ/DGAZ but not UWT/DWT instead of HOU/HOD? Just want less volatility for oil?

I caved. Just traded in and out of uwt for my 150 daily profit target

[Disoblige]

I caved. Just traded in and out of uwt for my 150 daily profit target
Weird flex but ok lol.

[msommers]

UGAZ getting destroyed. Can only figure it's from this news:

https://www.bbc.com/news/uk-scotland-scotland-business-47041270

[ercchry]

This is my mindset too. Everyone likes to talk percentages, but making 40% on 100$ means nothing. What do I physically need to make every day to live comfortable? Personally I'm shooting for around 1000$/day. 1% sounds like nothing, but compounded over a year making 1% a day, means you're well over 200% for the year. A simple 150k trading account should satisfy my earnings requirements. Hitting home runs for huge percentage returns on single trades is a tough game to be consistent at. But a monkey throwing darts at a board of stocks could have a decent success rate of making 1% a day.

Great in theory, but in execution I found it to be much more tricky to hit a consistent 1% of account everyday. Shit happens and you end up holding or averaging down positions for longer than planned. If you are trying to utilize the entire account at a time you can run into issues too where there can be weeks or longer where you just can’t sell anything. If the goal is $1k/day with modest 1% gains (after fees) i’d say it would be more realistic with a $500k account for longevity, especially if you are actually using this money to live off of as a few bad months could quickly drain you if that’s the lifestyle you’re maintaining

[O&G]

UGAZ getting destroyed. Can only figure it's from this news:

https://www.bbc.com/news/uk-scotland-scotland-business-47041270

I dont think that has an impact. Its more to do with mild feb weather in US now after the extreme cold last week.

[Misterman]

Great in theory, but in execution I found it to be much more tricky to hit a consistent 1% of account everyday. Shit happens and you end up holding or averaging down positions for longer than planned. If you are trying to utilize the entire account at a time you can run into issues too where there can be weeks or longer where you just can’t sell anything. If the goal is $1k/day with modest 1% gains (after fees) i’d say it would be more realistic with a $500k account for longevity, especially if you are actually using this money to live off of as a few bad months could quickly drain you if that’s the lifestyle you’re maintaining

Definitely. Agreed 100% on everything. I should've been more clear that I was talking theory. The only point I'd inject is that a lot of days you'll actually be making 4-5%, which can offset the days you're stuck holding something. But the theory works in any sense I find. I've been far more successful at year end by trading for small percentages daily, as opposed to trying to hit home runs a few times a year.

[BavarianBeast]

Ah okay then. Sold suncor for a $70k gain this morning :devil:

[max_boost]

Ah okay then. Sold suncor for a $70k gain this morning :devil:


Screen shot?

[roopi]

Ah okay then. Sold suncor for a $70k gain this morning :devil:

If my math is correct for this gain you would have had roughly 14000 shares? That a nice return and would say it takes some balls to put that much into one stock but SU is a safe investment. Well done!

[BavarianBeast]

Lame flex

[msommers]

When you taking us out for Beyond Foodie Dinner Night?

In any event....nice work.

[max_boost]

You are my hero man. This is how it's fkn done. :bigpimp:

Need the bow down emoji back haha

[Disoblige]

The bar has been set :rofl:
Nice gains.

[BavarianBeast]

Lol thanks guys. But that’s why I don’t talk dollar gains. We’re all making percentage gains relative to our portfolio allocation. 10% gain on 30% of your portfolio sounds slightly more humble than saying you made 90 grand imo. Turns it into less of a dick swinging competition, cos there’s always going to be a bigger dick to be swung lol.

I dunno msommers, might need a few more gains to foot that bill.

[max_boost]

I got the screen shot bro haha all good tho. Some of us are thrilled you are killing it. :thumbsup:

My ex took my balls so I don't got them to make gains like that lol

[Disoblige]

Although I talk a lot about APHA in the short term, I'm slowly accumulating a position to go long soon. I hope I can start in 11s, 10s, and even single digits if may be. But I think on the Canadian side, I still see some room to go for APHA this year. If this goes according to plan, it will be a great year.

Then most short term plays will be on US names. Watch as candidates prepare for 2020 elections about federal MJ legalization.

[BavarianBeast]

I’m still not keen on the big names dominating the market. Once the government finally realizes they need to make it easier for a producer to enter the market I think we will see the smaller private companies taking the market share. This isn’t oil and it doesn’t cost a lot of capital to produce relatively large amounts of concentrates or flower. Imo economies of scale for marijuana produces a shitty product that most people won’t want to use.

[Disoblige]

I’m still not keen on the big names dominating the market. Once the government finally realizes they need to make it easier for a producer I think we will see the smaller private specialized companies taking the market share.
That's probably at least 2 years away.
APHA still hasn't struck a deal yet and they're prime for one soon. I think once they release their promised rebuttal before the end of this month (they said Feb 28th or before), and then announce their new CEO, we should see something I hope. Unless they fuck something up again.

Would not be surprised to see an offer from a major valuing at $18+/share cash deal.

[BavarianBeast]

Hmm. I might get behind that short term, will have to do a bit more legwork.

As somebody mentioned previously in the thread, CPG is looking like an easy winner. Might move some money that way.

[max_boost]

I am gonna increase my positions in HMMJ and keep buying the dips as they come along. The dividend is also very nice.

[Misterman]

Ah okay then. Sold suncor for a $70k gain this morning :devil:

Nice haul!! I'm still holding them for now. I bought more Pembina a couple days ago too, they just dipped down a bit again today so they could be worth a look for your next entry.

[O&G]

Cron super volatile. Between that and dumping uwt i bought later yesterday up 4.5% in 13 minutes. Time to go back to bed? Ha

[spike98]

I got in on CRON at the beginning of the week and out this morning for a quick 10%. Bought a bunch of CPG at open as well looking for a decent bump as they run up to earnings in march. Analysts are forecasting a quarter in the green for once.

[O&G]

My gut thinks wti to retest 50 before moving higher.

[16hypen3sp]

What do you guys think of GOOS right now? Earnings come out on the 14th. I'm tempted to buy in on Monday.

[roopi]

What do you guys think of GOOS right now? Earnings come out on the 14th. I'm tempted to buy in on Monday.

I bought in on 01/24 when it was downgraded by Wells Fargo for a quick trade however I ended up holding it. It's been going up almost everyday and over 20% return since. I have no recommendation if its a buy now but I'm holding until earnings because I think there is be a good chance that they beat expectations and if it misses I still walk away with a profit I think.

[16hypen3sp]

Yah I dunno. Fuck, maybe I should just pull the trigger and do it.

[BavarianBeast]

Just yolo it and do feb 15 calls $55 strike

[Sugarphreak]

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[max_boost]

I'm still holding on, I figure it is easily headed into 80+ territory by the end of next week

Wearing my Goose jacket everyday... I can buy a few more with my earnings on their stock, haha

Save it to pay your rent instead lol

[Sugarphreak]

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[16hypen3sp]

Ok guys, I bought into GOOS. It's in Gods hands now lol

[roopi]

Decided to sell my Solium today. Was able to get out at $1.50.

I've been in it since .67 haha.

Took my earnings and bought a 1000 shares of TET.UN

89coupe - I can't find the post when you first recommended this stock and I've been in and out of it since you did. In case you didn't see Morgan Stanley will pay $19.15 per share for Solium.

[msommers]

Ok guys, I bought into GOOS. It's in Gods hands now lol

Pray to the Chinese Gods for 88.88

[SilverRex]

These days I have not got time to post more charts as I have picked up a part time job in commercial real estate.

So a quick post on spx. after a good size correction, it looks like a pretty clear new cycle has started with first 5 waves up coming to a close soon. I do not expect it to pass the 2800 on first try. A pull back should be expected to backtest the breakout line before a stronger advance takes hold.

https://i.postimg.cc/jdYM9CvV/spx-02-13-2019.png

[msommers]

Aaaaaaaand GOOS.TO plummets -12%

Weird considering higher than expected earnings came out and was trading above $80 before hours.

[16hypen3sp]

Fuck sakes. This cuts deep. Bunch of idiots doing mass sell offs or something? High trade volume?

[msommers]

Again weird but probably this:

https://web.tmxmoney.com/article.php?newsid=4904789855745647&qm_symbol=GOOS

Major shareholders pissed it's not in China?

[Sugarphreak]

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[rx7boi]

I sold everything yesterday for 78, bought back in mid day today

I kind of had a feeling this would happen. I did expect it to rebound a bit more today

Not that I'm doubting you but hindsight is 20/20. What exactly made you think this was going to happen?

Weren't you were wanting to see it hit 80 before you sold or were you comfortable enough taking profits at 78?

[Sugarphreak]

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