Official Short-term Investments Thread

[rx7boi]

I've been burned too many times on earnings reports, regardless of good or bad news. Usually bad news causes an uptick, good news causes it to drop

I figured a 6 percent drop, then a bounce... but I got burned on the bounce today. Can't win em' all

It pretty much has to correct though, too big of a drop today

Yeah for sure! I knew you had GOOS in the portfolio since we've mentioned it numerous times in this thread so I check the prices here and there.

When I saw the drop today, I was like wait wtf? Am I tracking the price on the NYSE? Haha.

Glad you were able to preserve profits! Even though you bought back in after the dip, do you think the downtrend is over?

[BavarianBeast]

GOoS will rebound in the next week or so. Got my position in this afternoon. Just hedge funds driving the stock down causing weak hands to sell and get in at these levels.

[rx7boi]

Ah good stuff. What'd you guys set your stop loss at?

I actually wanted to get into GOOS but it was already in the mid to high 70's so it wasn't a good opportunity at the time.

[Sugarphreak]

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[BavarianBeast]

Anybody getting in on the Levi’s ipo? I’m planning on putting a good chunk into it.

[Disoblige]

Anybody getting in on the Levi’s ipo? I’m planning on putting a good chunk into it.
Initial hype, then slow bleed after. It will be OK for quick and and out but I wouldn't hold it very long.

What kind of innovation does Levi's have lately? I think they are looking for strategic partners.

[ThePenIsMightier]

Initial hype, then slow bleed after. It will be OK for quick and and out but I wouldn't hold it very long.

What kind of innovation does Levi's have lately? I think they are looking for strategic partners.

This sounds like as good an idea as Playboy ending nude photos. How'd that end again?
When millennials with MBA's infiltrate the ranks of a company a hundred and sixty something years old, you get #Disruption.
I have no idea how the market will respond to this though! Maybe follow a mini version of the Facebook path?

[rx7boi]

Got into GOOS at 69.

[msommers]

Can't go wrong with that! I wasn't expecting such a huge drop and stayed in. Decided to put a bunch in GOOS and just hold it for 6 months instead looking at new trades every day or two. Less stress lol

[Misterman]

And off goes Suncor!! It just became evident that BH has increased their stake in Suncor, stock is up $1.35 today already. Time for a sell.

[rx7boi]

Can't go wrong with that! I wasn't expecting such a huge drop and stayed in. Decided to put a bunch in GOOS and just hold it for 6 months instead looking at new trades every day or two. Less stress lol

I wanted to put more in but I have to keep a balanced portfolio in addition to having some cash for any other opportunities that might come up haha.

[ercchry]

How do you guys think Bay St is gonna react to Butts stepping down? I have a funny feeling this should be a great thing for O&G

[ExtraSlow]

How do you guys think Bay St is gonna react to Butts stepping down? I have a funny feeling this should be a great thing for O&G

I predict very minor impact.

[ercchry]

I predict very minor impact.

I dunno... my uncle is an O&G finance guy and when I saw him at Xmas he was sounding borderline conspiracy nut, I could see him celebrating today :rofl:

[ExtraSlow]

I dunno... my uncle is an O&G finance guy and when I saw him at Xmas he was sounding borderline conspiracy nut, I could see him celebrating today :rofl:

Yeah, but is he going to change his investing strategy? Probably not, no matter how happy he is.

[O&G]

Sad to see steelhead pull the plug on their lng

[ExtraSlow]

Sad to see steelhead pull the plug on their lng

It is sad, but that project always confused me. It felt like it was pretty much the hardest possible route to pipeline. I haven't done a detailed analysis but from Williams lake to Port Alberni has a few obstacles.

[gqmw]

Nice little bunp for GOOS today.

Curious if anyone is in SUGR still? Don't think anything changed but sounds like they're expecting their license end of Q1, which is coming up pretty soon.

https://midasletter.com/2019/02/sugarbud-craft-growers-corp-cvesugr-ceo-strategic-partnership-phylos-bioscience-inc/

[rx7boi]

Yup, definitely nice to see that GOOS bump today. Was really debating putting more in on Friday but will have to be happy with my current position.

[msommers]

Added more GOOS when the markets opened this morning, bringing down my price to ~$74. Still not out of it yet but also not sweating with this one, like I am sometimes with weed stocks lol

[O&G]

Yup, definitely nice to see that GOOS bump today. Was really debating putting more in on Friday but will have to be happy with my current position.

I took my 5% profit and ran

- - - Updated - - -


Nice little bunp for GOOS today.

Curious if anyone is in SUGR still? Don't think anything changed but sounds like they're expecting their license end of Q1, which is coming up pretty soon.

https://midasletter.com/2019/02/sugarbud-craft-growers-corp-cvesugr-ceo-strategic-partnership-phylos-bioscience-inc/

I am - this is a micro stock for me. If it goes well its a potential multi. But didnt put much in as its still risky.

[16hypen3sp]

I'm 'holding the bag' on GOOS. Thank god for CNQ.

[Misterman]

For the guys that like shorts and puts. Check out DVN. Devon Energy stock is up 14% today on the news they plan to sell out of oil sands in Canada. Stock appears to be very overbought right now.

[ThePenIsMightier]

For the guys that like shorts and puts. Check out DVN. Devon Energy stock is up 14% today on the news they plan to sell out of oil sands in Canada. Stock appears to be very overbought right now.

What a vote of confidence that saying "Fuck off, Canada" bumps a stock +14%.
I bet their largest ever exceeding earnings target report never bumped their stock up by this much.

[Misterman]

Holy Balls! Kraft down 27% today. SEC investigation into their accounting practices, and they slashed their dividend. Stock is obviously oversold, but I'm leery to jump in just yet in hopes of catching a small correction. I'm going to keep my eye on this one.

[Sugarphreak]

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[taemo]

with the delayed tariff hike between US and China, my Baba stock is pretty green now (+10%) time to exit or let it ride for a couple more days?

[Sugarphreak]

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[msommers]

Realistically though, how high could it possibly go? Like low-80's?

[rx7boi]

I've been waiting for an entry opportunity but Shopify continues to fly.

Anyone holding right now?

[Sugarphreak]

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[rx7boi]

Low 80's would be quite the windfall. I don't know if it will go there anytime soon. It might, it has been a hot stock lately with lots of investor interest.

I am looking for about 78 out of this stock right now

Agreed, I'm looking to exit around high 70's for a 13%-ish gain.

[msommers]

$78.88 it is

[16hypen3sp]

I'm up 8.5% on ROOT. Wish I had dumped way more than what I did into it.

[brucebanner]

What are everyone's thoughts on Kraft?

[Sugarphreak]

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[ercchry]

I think that the risk-reward is pretty high... on one hand, if it recovers even a bit you will make a mint. On the other, you are playing with fire. Plus from what I've been reading there seems to be serious issues with the company.

I think if you had some big balls and money you didn't mind to part with, you could probably take the risk and you might get rewarded

Tough call

Toss a couple bucks at May $37.5 option calls... big win even off a dead cat bounce if this is the bottom

[Misterman]

Toss a couple bucks at May $37.5 option calls... big win even off a dead cat bounce if this is the bottom

That'd be a pretty major gamble. And if this is the bottom, it's not a dead cat bounce. Dead cat bounce means a short recovery before a continuing down trend.

Even at the price this stock is at now, there is still no support for it as a value buy, it's just sitting stagnant now. Any play on this stock is pure gamble at this point IMO. Given enough time they will probably recover(could be years though), and if the SEC finds anything bad, things will just get worse for this stock. Only thing I'd be interested in at this point, is following things to see if they get an all clear from SEC in the future, and then try to get in early enough in the day to ride it up for a quick flip.

[thinmyster]

What do you guys think of these 5G companies and more specifically KEYS and XLNX. They have both been on great runs as of late.

[brucebanner]

I'm very fresh in the trading game. Still lots to learn but I'm trying to dabble here and there buying stuff.

Kraft seems like it could be a good purchase if things happen as mentioned above.

[thinmyster]

I'm very fresh in the trading game. Still lots to learn but I'm trying to dabble here and there buying stuff.

Kraft seems like it could be a good purchase if things happen as mentioned above.

Id stay away for now.

[max_boost]

How much cash you boys sitting on % wise? Not gonna lie back in dec I was 95% invested and couldn’t take advantage of the tsx when it dropped to 14k or Dow at 22k. Now that it recovered and then some for me I sold off about 25% for a crystal ball scenario lol. I’ve been on a spending spree so I know I won’t be saving much this year. :dunno:

[rx7boi]

Around 20-25% in cash.

[taemo]

same, sitting around 20% cash right now as well.
looking to sell some other stocks as well in March (plan to sit in 40% cash for the next couple of months)

[JustinL]

Similar for me. Sitting around 40% now and waiting for the next string of bad news to knock the steam out of this market again.

[BavarianBeast]

1% cash today

[gqmw]

Similar, 25-30% in cash.

[msommers]

GOOS looking well on its way to recovering...so strange how doing better than expectations made it drop so drastically but last June the same thing resulted in a 25+% increase.

She's a bit finicky it seems.

[Sugarphreak]

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[bjstare]

GOOS looking well on its way to recovering...so strange how doing better than expectations made it drop so drastically but last June the same thing resulted in a 25+% increase.

She's a bit finicky it seems.

Well yeah, this is a perfect example of how "investing" (and I use that term very loosely in this context), or trading, based on speculation is an incredibly unreliable strategy haha.

[rx7boi]

Good bump this morning and bit of a pullback after profit taking when GOOS hit $76.82.

Holding to see if it breaks 77 today.

[msommers]

It's been shooting up as soon as markets open, to fall drastically 30 minutes later and then creep up during the day.

[Sugarphreak]

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[O&G]

Go gas go!! Daily aeco just jumped a dollar and is trading around 4.70. Has not been that high since 2014.

[O&G]

Set some buy bids for uwt and hou if they hit 10% and 7% down during the day.

[Sugarphreak]

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[rx7boi]

Sold out of GOOS yesterday for 75... pretty pleased right now

Thinking about buying into Amazon again

You didn't want to wait until it went back up a bit after the pullback on Friday?

[Sugarphreak]

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[rx7boi]

Ah fair enough. I was actually close to pulling the trigger on Thursday morning when it was above 76 but I wanted it to hit 77.

Unfortunately after it pulled all the way back to 74 I said fuck it, I'll hold haha.

Next week baby!

[Sugarphreak]

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[O&G]

Set some buy bids for uwt and hou if they hit 10% and 7% down during the day.

Only managed to fill uwt on 8% down other day - looks to gap up this AM - going to sell it all on mkt open.

[msommers]

Sold out of GOOS yesterday for 75... pretty pleased right now

Thinking about buying into Amazon again

Getting out at $75 looks to have been a good call. I was looking for $78 but seems like I'll be waiting on my hands a bit...

[gqmw]

Getting out at $75 looks to have been a good call. I was looking for $78 but seems like I'll be waiting on my hands a bit...

I'm also stuck in for now, was looking to get out around there also.

[msommers]

If HOU goes down to $6 again I might just have to swallow the loss. Still not sure what is driving this downward trend, especially after a fantastic earnings report. I guess this isn't why I'm in finance lulz

[rx7boi]

Getting out at $75 looks to have been a good call. I was looking for $78 but seems like I'll be waiting on my hands a bit...

Buy more and ride it back up haha.

[BavarianBeast]

All in on Nintendo

$33.73 average.

[msommers]

Buy more and ride it back up haha.

If it gets into the mid-low 60's I just might.


All in on Nintendo

News?

[Sugarphreak]

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[msommers]

What was showing in your crystal ball LOL

[Sugarphreak]

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[rx7boi]

TSLA is taking a shit kicking last several days. I'm thinking of getting in on the price action but I'm not sure if it'll fall more.

[Sugarphreak]

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[msommers]

Usually I think about what I want... in this case I was thinking 77. Then I think "that is what lots of people want". So then I cut back my expectations to where I think I can sell before everyone else sells.

Well I mean it sure sounds hocus pocus...but it worked so good on ya! This will be an exercise in patience for me but I'm sure even a week from now it'll have recovered. Well hopefully right.

[max_boost]

All in on Nintendo

Dude. I love it. Fkn boss move to go all in. I hope it works out and please screen shot for us (your fans) haha

[Misterman]

I bought 1000 shares of Enbridge yesterday. See how that goes here next week or 2. They had a good dip on the news that line 3 is delayed.

[taemo]

^nice, I put an order at 46.55 but did not get filled in :(

[89coupe]

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.

Haha, that was soooo long ago.

I’m still heavily invested in PPL.TO

I’m tempted to bring that post up again, haha. Who was that guy who said PPL was a shitty company to invest in?

Since 2003 :bigpimp:

[Misterman]

Haha, that was soooo long ago.

I’m still heavily invested in PPL.TO

I’m tempted to bring that post up again, haha. Who was that guy who said PPL was a shitty company to invest in?

Since 2003 :bigpimp:

I'm into Pembina as well. Made a few bucks so far, still has lots of room to grow. We have already been informed about a few more big projects that haven't been announced to public yet.

[rx7boi]

I doubled down in GOOS shares. Price action broke through Ichimoku so hopefully it'll continue to trend back up this week.

I have a GTC order for it to sell at 76.

[msommers]

I'm not worried "long"-term. Worst case, I hang onto the shares until close to next quarter announcements. Seems like it could go either way even if a positive announcement comes out...apparently.

[Misterman]

^nice, I put an order at 46.55 but did not get filled in :(

I put in a bid at market price, it bought at 46.60 Putting in a sell for 47.60 tomorrow morning, try and make a quick 24 hour 1000 bucks.

[Sugarphreak]

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[rx7boi]

Ah, that sucks man. I was super happy for you when I saw it jump 15% yesterday and was wondering if you had sold.

More capital for AMZN haha.

[Sugarphreak]

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[BavarianBeast]

Dude. I love it. Fkn boss move to go all in. I hope it works out and please screen shot for us (your fans) haha

Haha, maybe I'll screenshot if my returns are over 7 figures or something crazy in the next year lol.

Not exactly all in but sold a ton of my TRI and put all cash into it, about 20% of portfolio.


Bought NTDOY because I think it's a great company. They have solid financials, share price is down, and they have a lot of good things going for them. No news or anything specific, I've traded them for a few years now and haven't seen a better entry.

[SilverRex]

Those trading weed stocks.

After a pretty nice run up I think this is just a wave B of a very large ABC, with wave C pointing to lower prices ahead. Still expecting the entire sector to either chop or head much lower. e.g. TLRY into the 40-50s, CGC 30-40s. WEED 30-40 etc.

[Disoblige]

Those trading weed stocks.

After a pretty nice run up I think this is just a wave B of a very large ABC, with wave C pointing to lower prices ahead. Still expecting the entire sector to either chop or head much lower. e.g. TLRY into the 40-50s, CGC 30-40s. WEED 30-40 etc.
Agree. I think soon will be a good time to stay in cash and wait for a good opportunity to move into more US plays.
It's a bit sad that APHA couldn't even hold $14s after some positive news. Typical.

[BavarianBeast]

WEEDS going to get fucking slaughtered. Buy puts.

Look at their shitty production from the facilities they have, it's a fucking joke. You gotta be retarded to think that they are valued appropriately.

[Disoblige]

I think SPY is going to start consolidating a bit after such a big bull run too, so that will affect the MJ sector negatively too.

[fayzed]

I Shorted CRON today, i kinda agree with comments above there is a pull back due.

[Disoblige]

Sold everything right at open to protect profits, looking for lower entry. ACB $9.77 entry, APHA something under 12.75 as first position.
Eyeing VFF, SLNG.

[Misterman]

I put in a bid at market price, it bought at 46.60 Putting in a sell for 47.60 tomorrow morning, try and make a quick 24 hour 1000 bucks.

Sold Enbridge for 48.00!! Love those quick flips.

[16hypen3sp]

GOOS is so fucked. And so am I lol.

[msommers]

Nah it'll bounce back. Give it a week or two.

That said if you're sitting on cash, it's a good time to get in lol.

[kenny]

Nah it'll bounce back. Give it a week or two.

That said if you're sitting on cash, it's a good time to get in lol.

Temporary dip due to Bill Maher /PETA video?

[BavarianBeast]

I could get behind goose at these levels. Just no cash left lol

[rx7boi]

I bought more GOOS as well but like BavarianBeast says, I'm nearly tapped out of cash for now lol.

If it dips again tomorrow I'm sure I could make an exception.

[bjstare]

It just broke downward out of the channel it's been trading in since the new year (i.e. broke the upward trend). What's the rationale for buying now? Trying to pick the bottom?

[Misterman]

It just broke downward out of the channel it's been trading in since the new year (i.e. broke the upward trend). What's the rationale for buying now? Trying to pick the bottom?

Chart analysis looks pretty neutral right now. I'd be waiting to see if it dips again before I bought in.

[16hypen3sp]

CNQ posts surprise loss. Finishes the day up almost a dollar.

Makes sense.