Official Short-term Investments Thread [Archive] - Page 334 - Beyond.ca - Car Forums

bjstare

04-19-2019, 07:46 AM

Ya i figured that out to late, just going to wait for it to go back up a little and pull my money. i'm still learning the stuff most of you guys know.

:werd: I spent a ton of time reading on investopedia and such before starting to trade and still had to learn a few lessons the hard way haha.

16hypen3sp

04-19-2019, 08:02 PM

Just do whatever BavarianBeast does lol

SilverRex

04-23-2019, 06:47 AM

While gold is quite resilient and hasnt reached the ideal 1250 area, however gdxj/gdx has entered the buy zone for me. going to open a position in leverage this morning.

Also took a starting position in NIO in the 4.6x

edit: couldnt get Jung at 6.99, opened at 7.07 instead. Good enough for me. Will hold for a couple of months. Gold can still hit 1250 and forcing another wave lower for PM, may add another position the 6s. Looking for gold/pm to complete a intermediate cycle low leading into FOMC.

Sugarphreak

04-23-2019, 07:09 AM

...

SilverRex

04-23-2019, 07:40 AM

I am curious why you invested in them. Didn't they come out and say something like electric cars are not the future. I was invested in them and I pulled out after that, seems like they are just another pump-n-dump Chinese stock

NIO draws a lot of attention lately and with it being over sold, after watching it break a technical neckline headed for new lows (current price), I am expecting a good bounce to backtest the breakdown area in the 6s range. The first bounce are usually strong but each rally becomes weaker and interest would fade over time.

A similar story with Icon where I had sold all my position in the high 4s (after averaging down for months) then it was oversold to such a degree, a short covering what ever reason may be a good bounce would be a nice short term play so I got back in at 1.5 and 1.7 now will see how far this bounce can go.

killramos

04-23-2019, 07:59 AM

^I swear this post could be made into a fill in the blanks madlib

BavarianBeast

04-23-2019, 11:23 AM

If you guys wanna make money in the next 6 months buy TCEHY, watch the stock hit over $100 by next year

rx7boi

04-23-2019, 11:37 AM

If you guys wanna make money in the next 6 months buy TCEHY, watch the stock hit over $100 by next year

Thanks for the heads up. Will do my DD.

Don't even think about retiring yet :rofl:

ickyflex

04-23-2019, 11:41 AM

If you guys wanna make money in the next 6 months buy TCEHY, watch the stock hit over $100 by next year

That company is crazy haha. They more of less own everything and do everything lol.

bjstare

04-23-2019, 11:45 AM

If you guys wanna make money in the next 6 months buy TCEHY, watch the stock hit over $100 by next year

Based on Douyu filing for US IPO for game streaming? Or other insight?

Disoblige

04-23-2019, 11:46 AM

If you guys wanna make money in the next 6 months buy TCEHY, watch the stock hit over $100 by next year
Rewards could be great with Chinese Tech, but it sucks to put your luck into something that orange man could fuck up tremendously.

Edit: I'll buy under $40 USD, not at $50 though.

Sorath

04-23-2019, 11:47 AM

Ten Cent is hugeeeeeeeeeeeeee they have their hands in EVERYTHING

SilverRex

04-24-2019, 06:53 AM

GDXJ

now that we got the strong wave 3 down, it has reached my buy zone by back testing the previous wave 4 range and nearly the previous breakout line. I have started one position and if we do get one more wave lower I will add another position. We should start to see PMs out perform gold starting now, Looking for ICL (intermediate cycle) low to end between now and the next 1-2 weeks tops. Anticipating an explosive new up cycle for the next few months

https://i.postimg.cc/904dK2vb/gdxj-04-24-2019.png

phreezee

04-24-2019, 08:43 AM

The entry point into MEG would be after Q4 earnings since everyone had a bad Q4 and I expect it to dip a bit more. MEG shareholder rejection of the $8.50/share bid tells us the market expects MEG is worth north of that. MEG's price was $8.03 at close on Sept 28 before the bid announcement, so there is a good chance at a 40% gain depending on what the oil price does.

30% gain so far. Upgraded to $9 PT. We'll see what earning report says.

civicHB

04-24-2019, 09:17 AM

If you guys wanna make money in the next 6 months buy TCEHY, watch the stock hit over $100 by next year

how does this compare to BABA? play both or only TCEHY

Disoblige

04-24-2019, 09:44 AM

how does this compare to BABA? play both or only TCEHY
No offense, but neither if you're asking those kinds of questions. Buying because of someone's opinion without your own DD just screams trouble.

civicHB

04-24-2019, 09:55 AM

No offense, but neither if you're asking those kinds of questions. Buying because of someone's opinion without your own DD just screams trouble.

I hear you, but part of my DD is someone else's opinion, that I will quantify and further DD. These stocks are mentioned together quite often, and since I'm already in BABA thought it would be a good idea to gauge what the others thought of the comparability, or if they were vastly different and worth of dual investments.

Disoblige

04-24-2019, 10:27 AM

I hear you, but part of my DD is someone else's opinion, that I will quantify and further DD. These stocks are mentioned together quite often, and since I'm already in BABA thought it would be a good idea to gauge what the others thought of the comparability, or if they were vastly different and worth of dual investments.
Haha fair enough :thumbsup:

SilverRex

04-25-2019, 07:16 AM

NBEV

looking like a strong start today. Possible sub wave 3 of i of III. 5.45 now needs to become major support if the start of this run is something big.

Update: these knee jerk reactionary news are just so bad for trading. I dont see this being a breakout move yet, selling my position in anticipation to buy back lower

SilverRex

04-26-2019, 06:52 AM

GDXJ

with a mini 5 waves up, we will now see if it can build on this. While I can completely expect one more wave lower, I will be watching the 30.60 area. If it manages to close above this, I would say the low is in.

SilverRex

04-26-2019, 08:33 AM

Oil

it has been a long while since I last posted on oil. When oil topped around 75-76 the general correction was to retest the 58 zone (previous wave 3/4) however not only did the decline went steeper more importantly it took out the 51.x support. It is apparent that this is now a large ABC pattern 3 waves up follow by 3 waves down. The current move up should find a top and once a top is in, the opportunity lies in the short side for a chance to break the Dec low. similarly I am also expecting the stock market to find a top and begin a dramatic sell off this spring. Even if manages to hit another ATH. The real fun will begin after the next 20-30% decline. that would be the best time to position for the next major up cycle.

https://i.postimg.cc/7h2SqyHL/oil-04-01-2019.png

Finally oil is selling off in a much larger degree in a while. Has the wave 'B' top been struck right at 66.58? I want to believe so. down she goes and quite possibly the SM as well

jake1er

04-26-2019, 09:22 AM

The Beyond Meat IPO is coming early May. Seems like a great company poised to capture a large share of a massive emerging market. I'm as far from vegetarian as you can get and turn my nose at traditional non-meat meat substitutes but the products they make are awesome. Anyone else planning on getting in?

BavarianBeast

04-26-2019, 10:17 AM

$1.2B valuation isn’t too crazy. Won’t touch it though. Come from 4 generations of ranchers and it just wouldn’t be right to buy that stock lol.

Perfect Dark

04-26-2019, 10:18 AM

I woke up earlier this morning. Grabbed my phone and swiped to my stocks. Looked at DIS. Immediately sold.

https://live.staticflickr.com/7264/7527614626_8a34fcc6e7_z.jpg

We figured that since Disney is taking all of our money anyway we may as well invest haha...been a good run the last few weeks!

SilverRex

04-26-2019, 10:48 AM

https://live.staticflickr.com/7264/7527614626_8a34fcc6e7_z.jpg

We figured that since Disney is taking all of our money anyway we may as well invest haha...been a good run the last few weeks!

looking at the chart, it could still have one more wave to try and hit the the 150 area due to the previous range of 87-120 breakout. In time I expect a drop back down to the 87 area for a good re-entry

Perfect Dark

04-26-2019, 10:49 AM

looking at the chart, it could still have one more wave to try and hit the the 150 area due to the previous range of 87-120 breakout. In time I expect a drop back down to the 87 area for a good re-entry

I appreciate the insight, thank you.

Misterman

04-30-2019, 09:18 AM

Jesus. What's up with DIS plummeting as the numbers get announced from weekend box offices for Avengers?

rx7boi

04-30-2019, 10:19 AM

Pullback from its recent spike?

bjstare

04-30-2019, 11:12 AM

I mean, they've climbed 25% in a month. They're off 1.5% today, that's hardly a blip in the radar.

taemo

04-30-2019, 11:28 AM

They are due to release earnings next week too so people are probably locking their gains right now. I wouldn't be surprised if the price goes down a little bit lower after release. But if you believe in Disney, good time to accumulate some more

roopi

04-30-2019, 12:30 PM

Jesus. What's up with DIS plummeting as the numbers get announced from weekend box offices for Avengers?

Trading 101 - Buy the rumor, sell the news

SilverRex

05-01-2019, 06:43 AM

usa.to

one of my core holdings and LT play. Spotting a 1-2, 1-2 off the low which I do believe is an extremely stretched out ABC pattern. Should be an exciting time for silver play for the rest of the year.

https://i.postimg.cc/NGX9GxJs/usa-to-05-01-2019.png

Misterman

05-01-2019, 07:25 AM

Trading 101 - Buy the rumor, sell the news

Exactly!! So good time be buying, yet it's in a drop.

16hypen3sp

05-01-2019, 10:21 AM

https://live.staticflickr.com/7264/7527614626_8a34fcc6e7_z.jpg

We figured that since Disney is taking all of our money anyway we may as well invest haha...been a good run the last few weeks!

Yah a little too soon. My original plan was to hold off on selling until after the Avengers release but movie releases seem to not have a big upwards effect. I have also read that some are expecting Aladdin and Lion King to 'miss' - I'll take my decent gains and move on. Looking to buy back in something else later on. Also, my TFSA is still making me some cash.

taemo

05-01-2019, 10:38 AM

I think The Lion King will do well. Unsure about Aladdin and Toy Story 4 though.
Frozen 2 and Star Wars IX are also coming later this year too.

Disney right now is also priced highly due to Disney+ pricing but no one still really knows how well this will go.

I'm starting to get into Disney so will wait for a dip.

16hypen3sp

05-01-2019, 12:29 PM

I'm just glad I got to experience a big jump in stock I held when they revealed their Disney+ stuff.

I've been watching V.GIII and recently thought about buying but chickened out. Seeing good movement over the last couple days tho.

BavarianBeast

05-01-2019, 03:17 PM

I made a small fortune several years ago on a solar stock called SLTD (Solar3d) that was producing a 3d solar cell and had supply and install contracts. Sold for over a 500% gain and hadn't looked back since. They turned into SUNWORKS (SUNW) and I recently invested some money into them several weeks ago. It's on rocketfuel right now. Will be a good buy and hold for the next 6 months imo.

v8killa

05-01-2019, 03:23 PM

Thanks for the suggestion. I know you mentioned SHLE a few months back...do you still believe in them?

asp integra

05-01-2019, 03:43 PM

SilverRex

05-02-2019, 07:45 AM

GDXJ

has hit a sweet spot for me, adding a 2nd position with Jnug @ 6.67

BavarianBeast

05-02-2019, 01:48 PM

Thanks for the suggestion. I know you mentioned SHLE a few months back...do you still believe in them?

I believe that they will climb above the $2 range in the next 3 months. Don't think they're a solid company or have good leadership by any means, but think there is opportunity to make money at these low levels when considering their assets.

phreezee

05-02-2019, 03:56 PM

BYND is the Tesla of burgers. Anyone buy because of the ticker? lol

BavarianBeast

05-02-2019, 04:02 PM

160% on opening fucking crazy

Misterman

05-02-2019, 04:17 PM

BYND is the Tesla of burgers. Anyone buy because of the ticker? lol

Electric hamburgers? Sounds tasty.

SilverRex

05-03-2019, 08:00 AM

Gold

while it is having a good rebound today with a typical NFP 7-10 dollar swing to the upside. Gold really needs to find a way to break above 1289, until it does, over all bias remains down and this ICL target down to the 1230-1250 remains on the table.
edit: gold testing the 1289-1290 critical area now. closing above this will be key to a big breakout, failure would still keep the over all bias on gold bearish.

Chandler_Racing

05-03-2019, 08:15 AM

BYND is the Tesla of burgers. Anyone buy because of the ticker? lol

I took a position in them. Their brand / marketing is on point and even though I have never tried the product perception is that it is a viable alternative to meat (just not for me).

BavarianBeast

05-03-2019, 12:13 PM

BavarianBeast

05-06-2019, 01:27 PM

N days

jake1er

05-06-2019, 03:52 PM

N days

Thanks for the tip :bigpimp:

jacky4566

05-06-2019, 10:10 PM

Anyone playing the Cannabis 2.0 game. Co-worker suggested I look at Medipharm (LABS.VN) financials look good and their production is prime for a boom.

rx7boi

05-06-2019, 11:19 PM

N days

With that massive jump today, are you staying all in or took some profits?

BavarianBeast

05-07-2019, 09:40 AM

Im hanging on tight for a little bit. Already up over 160% so will milk this puppy once again.
85908

Tik-Tok

05-08-2019, 09:04 PM

Damn 2019 has been good so far. What do you guys think about picking up Delphi? Somebodies gotta pick them up for their assets?

I hope you didn't go through with this one.

Sugarphreak

05-08-2019, 11:21 PM

...

BavarianBeast

05-10-2019, 01:05 PM

I hope you didn't go through with this one.

Nope, decided to sit out and watch it burn.

Sold every single holding this afternoon. Made some really good money this year, only had a couple of losers out of 25+ holdings.
April is going to kill me this year lol.

Stress was getting to me managing it and it was taking a lot of mental energy. Going to take a couple months out of the market on a fat stack of cash and reinvest in August after a nice break.

Good luck to the rest of you!!

max_boost

05-10-2019, 01:47 PM

Crazy. You really are doing the sell in May and go away. I might do that too then haha

BavarianBeast

05-10-2019, 02:38 PM

Yeah, never done it before but have too much on the go right now and needed to shelf the trading to keep my sanity.

vengie

05-10-2019, 03:13 PM

Yeah, never done it before but have too much on the go right now and needed to shelf the trading to keep my sanity.

You've only been back working for two days!! lol

BavarianBeast

05-10-2019, 07:51 PM

You've only been back working for two days!! lol

I never stop working buddy!

civicHB

05-10-2019, 07:53 PM

i also sold off everything this morning other than company stock. Going to sit and wait for this China trade issue to be resolved.

Sugarphreak

05-10-2019, 08:59 PM

...

Mogg

05-11-2019, 04:16 PM

Everyone will be talking about crypto again shortly. Up 75% in the last 45 days. Looking very similar to the last bull run.

BavarianBeast

05-13-2019, 08:56 AM

Well that saved me over $50k in losses so far

rx7boi

05-13-2019, 09:04 AM

Well that saved me over $50k in losses so far

No kidding. Good thing you got out of SUNW as well. It's been dropping like a rock since it hit 1.90.

roopi

05-13-2019, 09:40 AM

The trick will be to pick up stock off the floor just before a resolution. I wonder what stocks would benefit the most?

So you are saying buy at the low and sell when it goes back up? Please advise when I can expect the floor and a resolution.

Sugarphreak

05-13-2019, 09:57 AM

...

max_boost

05-13-2019, 10:35 AM

Saved me 5K lol

Lemme know when you get back into the market lol
Well that saved me over $50k in losses so far

killramos

05-13-2019, 10:43 AM

Probably more of a LT, but there is a solid arb left on the bones for Westjet between their dividend and the different between trading price and offer price right now.

Won’t make you BB money but it’s probably pretty safe.

Manhattan

05-14-2019, 02:50 PM

Kudos to whoever held some Westjet. I traded them whenever they hit the mid teen levels. They looked like a decent LT hold but I wanted to wait to see how their "expansion" plans would play out.

The worst part of their sale to Onex is not losing out on the immediate 50-60% bump. The Canada TSX index is getting less diversified every time a private equity player buys out a public company. As a Canada investor this is a very disheartening trend as we have far less choices in investing in the public markets.

killramos

05-14-2019, 04:44 PM

Well that’s just an indication that Canadian equities are systemically undervalued.

Smart money has no interest playing in our public markets.

rx7boi

05-15-2019, 08:33 AM

SilverRex

05-16-2019, 06:48 AM

Gold

testing critical support must hold above 1287-1288, failure to do so would indicate the latest rally just another correction with lower lows ahead. If Gold is ready for a big move it must reverse here.

update: sold half my position in Jnug attempt to buy back lower.

cloud7

05-16-2019, 09:03 AM

Have been keeping an eye on SUNW. Earnings came out yesterday and the overreaction sell off dropped it to 0.90 so I bought some afterhours shares.

Sold them this morning at 1.09. I think it'll drop back down before another bounce later in the day.

It is at 0.9287 now... may not be a bad buy assuming the market is not going to completely crash because of the China-US pissing match. BavarianBeast was gonna hold this one and see what happens in the next few months. Not sure of the price when he initially bought in though.

vengie

05-16-2019, 09:10 AM

It is at 0.9287 now... may not be a bad buy assuming the market is not going to completely crash because of the China-US pissing match. BavarianBeast was gonna hold this one and see what happens in the next few months. Not sure of the price when he initially bought in though.

He has long sold it

cloud7

05-16-2019, 12:26 PM

He has long sold it

Yes, understood. That's why I used 'was gonna hold' instead of 'is holding'. In any event, the price right now sure is a lot more attractive than the price one week ago.

rx7boi

05-16-2019, 01:26 PM

Anyone here in $SHOP?

Missed the Monday dip and it is up 13% past couple days.

It's overvalued IMO but I am tempted to jump in for a quick swing trade if it keeps making higher highs.

brucebanner

05-17-2019, 03:13 PM

Anyone going to jump back in on sunw? Pretty big drop in the last week.

O&G

05-20-2019, 04:10 PM

48north. Nrth got thrir outdoor license afterhours friday. Tomorrow should be fun!

SilverRex

05-23-2019, 06:48 AM

Oil

after topping out in a large wave B at around 66.x and had a slow wave 1 down. It may appear the start of wave 3 down (the big one) may be starting now

roopi

05-23-2019, 09:39 AM

Energy getting slaughtered again today. Adding SU and VET today.

Sugarphreak

05-23-2019, 02:01 PM

...

Misterman

05-23-2019, 02:10 PM

Suncor looks really attractive at that price

Check out Precision Drilling!! at $2.50 that's an easy buy, hold, and wait.

CompletelyNumb

05-23-2019, 05:42 PM

I happen to know PD is putting pressure on departments to improve profitability this calendar year, or risk being fully axed. Could help prices in the long run either way.

dirtsniffer

05-23-2019, 09:15 PM

Fuck I hope the drop is not due to any leaked news coming out of the BC courts on limiting bitumen transport. Decision is supposed to come down tomorrow

Misterman

05-24-2019, 06:19 AM

I happen to know PD is putting pressure on departments to improve profitability this calendar year, or risk being fully axed. Could help prices in the long run either way.

I just know that historically 2$ is about the bottom for that stock. When they peaked around 4$ there a few weeks ago, I've been watching them to drop back down to a good entry point again. I've flipped PD for 50% gain 3 times now. They could still drop down more, but worst case I see right now is waiting till fall/winter for another big percentage return. I put in a good size purchase order yesterday afternoon, it hit my limit price right at closing time, order still says pending. So itching to see market open today.

BokCh0y

05-24-2019, 10:24 AM

Rewards could be great with Chinese Tech, but it sucks to put your luck into something that orange man could fuck up tremendously.

Edit: I'll buy under $40 USD, not at $50 though.

TCEHY is damn close to hitting $40 right now!!!

NIO - jesus fuck that has taken a dive....for obvious reasons though.

kenny

05-24-2019, 11:10 AM

Fuck I hope the drop is not due to any leaked news coming out of the BC courts on limiting bitumen transport. Decision is supposed to come down tomorrow

"B.C. Court of Appeal unanimously rules the province has no jurisdiction to enact legislation that would restrict the contents of the expanded pipeline"

https://calgaryherald.com/business/energy/court-says-b-c-cant-restrict-oil-shipments-in-key-case-for-trans-mountain

BavarianBeast

05-24-2019, 11:38 AM

Suck it hippies

Sugarphreak

05-24-2019, 02:15 PM

...

SilverRex

05-29-2019, 07:53 AM

TSLA

i havent posted on TSLA before, and still wanting to take up a position but I still believe it is over priced. Ever since TSLA breaking below the 200 day moving average I am going to say we have already seen a full 5 wave move off the low in 2011. So my expectation is a serious decline which for some of us will be a fantastic opportunity to pick up for long term. With an immediate up trend line in the 16x, this could offer the initial big support/buyers jumping in for a quick gain. At best I only see TSLA having to back test the double over head resistance zone in the 255-270 area. Over time I want to see TSLA move down as low as the 60s. I may begin to scale in when it gets to the 115-140 area.

edit: to each their own. TSLA is definitely in a tough spot. I have a lot of technical traders expecting it to go down to 0 so the consensus is actually to short this one to zero. the 5th wave already looks like a failed 5th in EW terms. adding to the real possibility that TSLA has more trouble ahead even in a technical trading sense.

https://i.postimg.cc/PrK30KYs/TSLA-05-29-2019.png

msommers

05-29-2019, 07:54 AM

GOOS falling off a cliff this morning... -22%

SilverRex

05-29-2019, 08:05 AM

SPX

the breakdown has finally begun. I did premature exit all my holdings in April (a wee bit too soon) thats ok. I rather be wrong then holding the bag during a significant decline. Today confirms a H&S breakdown target the low 2600. This will be the minimum target imo. Over all I am still expecting a move below the low in Dec 2018. No one really can say if the stock market has reached critical mass and we need to see much lower prices/valuation to fuel the next major bull market rally. The only bullish notion is that the rise off Dec to now is merely the final wave 1 of 5 of (3) which then can still give us another run target 3k+. However at this point, I would like to think the risk/reward for this does not justify having both my feet wet as the downside target and the ability to pickup shares in the low is more appealing. So as 2600 comes, I will begin to scale in extremely light and will begin add more aggressively the lower she goes. My ultimate goal is to ensure I have cash for an extreme scenario case where spx or the SM will backtest the 2016 low.

BavarianBeast

05-29-2019, 12:28 PM

Had to take advantage of the weak hands on GOOS and back into the game with one stock. 35.52 avg Lmao

rx7boi

05-29-2019, 02:36 PM

Sold and realized most of my mutual fund gains. Should have done it a little bit earlier but oh well. Have been stockpiling cash for the past 6 months for next buying opportunities.

For you guys with S&P500/TSX ETF's, you moving it all back into cash (even with a loss) or keeping it in the market even if we enter into a recession?

Should probably go into the long-term thread but this is where all the posting takes place haha.

RX_EVOLV

05-29-2019, 03:28 PM

I'm on the sideline with 100% cash, with the occasional HOU / HOD swing trade for fun. Had a few good runs here and there (e.g last week held HOD w/ oil going from $62/bb to $57/bb) but also a few unsuccessful attempts.

Some stocks are looking really tempting to pick but I'm trying really hard to resist.... I don't want to try and catch a falling knife...

SilverRex

05-30-2019, 09:41 AM

SPX

Since exiting all my position and into cash, I have been waiting for the stock market to take a good size correction. With the H&S breakdown this week, it is projecting down to the 2600 area. (blue count) which means if this is all she can muster, then the next bullish target resumption is another wave 3 and 5 that will take spx over 3k.

an alt count (orange) is a wave C under Dec low. (which is actually what I prefer) this will offer a good risk/reward entry.

For the time being I am only expecting these two paths, while keeping in mind the Red box 2016 low is the ultimate landing spot for the next major recessional decline target. I do not expect this zone to be retested until spx achieves at least a new ATH or even a meltup scenario. However Since exiting all my position in April. I will be reserving 30% in cash if I get the counts wrong and that a major decline is underway and we will see 2016 low. Cash is king and so I have learned during the 2008 crisis that having ammo during a major stock crash in a once in a decade event can be as lucrative as holding a position for the entirety of your life.

https://i.postimg.cc/WbXPpqtR/spx-05-30-2019.png

killramos

05-30-2019, 09:52 AM