Official Short-term Investments Thread

[mr2mike]

Definitely a good day for energy (finally).

[DonJuan]

Anyone else ever put a limit price that is a bit lower than the ask price and when you put the order through it fills IMMEDIATELY. And you have instant regret that you should have low balled more?

Just bought TVE @ $3.60. Ask was $3.62, Bid $3.61.

I should've put my limit at like $3.10 LOL.
not enough shares to make a difference at all, but still living in ragret.

*edit It helps when the stock falls immediately after hitting send :(

[JustinL]

but still living in ragret.
Playing the market with hindsight always hurts your soul. PACW is now at 5.70 an hour after I sold it for 4.89. Accepting that you can never make the perfect play will set you free to make better decisions overall.

[DonJuan]

I see now that having a money manager gives you someone to blame. That alone is probably worth the percentage.

112714
(if you don't recognize this scene you should feel bad)

[msommers]

+82% today. Wild

[mr2mike]

112829

[ExtraSlow]

I've never understood the point of one-time special dividends. Seem like they accomplish very little unless they become very common. Stock buyback for same dollar value probably creates more upside long term.

[killramos]

They allow mike rose to get liquidity without alarming the market by selling shares.

[ThePenIsMightier]

It seems the right move was not buying BBBY.

[Sentry]

It seems the right move was not buying BBBY.
Anybody else jump out windows?

[DonJuan]

It seems the right move was not buying BBBY.

very yes

[BavarianBeast]

Was it somebody in this thread that mentioned ACLX Arcellx? Thinking about entering a position after watching them for a while. On a nice tear

Edit: Nevermind I think I came across it researching some Gilead news release

[roopi]

BavarianBeast since you're a fan of Biotech's take a look at EPRX (Eupraxia Pharma), warrants are EPRX.WT, EPRX.WT.A. It's been doing well lately and is in phase 2 trial with results expected soon.

EPRX.WT - expiry is 3 years away (March 2026) 11.20 exercise
EPRX.WT - expiry is 3 years away (April 2026) with 3.00 exercise

[mr2mike]

Anyone else ever put a limit price that is a bit lower than the ask price and when you put the order through it fills IMMEDIATELY. And you have instant regret that you should have low balled more?

Just bought TVE @ $3.60. Ask was $3.62, Bid $3.61.

I should've put my limit at like $3.10 LOL.
not enough shares to make a difference at all, but still living in ragret.

*edit It helps when the stock falls immediately after hitting send :(

Goddamn. Bloodbath at tve this morning.
Hoping for an oversell and a bit of recovery now. Ugh.

[ExtraSlow]

I'll buy at 2.05.

[DonJuan]

Goddamn. Bloodbath at tve this morning.
Hoping for an oversell and a bit of recovery now. Ugh.

My AC gains is propping my TVE losses. Never thought I'd say that.

112875

[Kloubek]

My PXT.TO went down 8% today. Seems like energy is down across the board. That's ok though, since I've gained about 40% over the past 6 months.

Still though. Damn. $1000 loss in one day kinda blows.

[BavarianBeast]

Took a position in ACLX @ $45.70.

Lots of promising treatments in the pipeline, let’s goooo

[89coupe]

My PXT.TO went down 8% today. Seems like energy is down across the board. That's ok though, since I've gained about 40% over the past 6 months.

Still though. Damn. $1000 loss in one day kinda blows.

Pet peeve of mine when people say this, did you sell at a loss? If not, it’s just a number.

[killramos]

Love it when the market is on sale

[ExtraSlow]

Pet peeve of mine when people say this, did you sell at a loss? If not, it’s just a number.

Do you use nearby sales as reference points when deciding how to price a house for sale?

[asp integra]

Took a decent sized position in Pacific Bay Minerals, PBM.V this week. Thinking it could pop soon.

[DonJuan]

Took a decent sized position in Pacific Bay Minerals, PBM.V this week. Thinking it could pop soon.

I've often wondered what a decent sized position in a stock at $0.08 is.

Also why

[Sentry]

Thousand bucks is a good amount for a yolo

[DonJuan]

Need more info on this before I do a yolo.

[ExtraSlow]

Buy it and in seven weeks I'll send you the info.

[troyl]

How? I see zero shares traded today.

[ExtraSlow]

Extremely thinly traded penny mining stocks? Fuck that's basically a no-lose scenario. Sign me up.

[msommers]

Unless you have insider k owledge, aka assay results, you're better off playing blackjack. $0.08/share, did they do some soil sampling and one borehole??

1.5 g/T cutoff is pretty generous wow

[mr2mike]

Tve bottom.

Joy, I'm watching for entry.

[DonJuan]

Extremely thinly traded penny mining stocks? Fuck that's basically a no-lose scenario. Sign me up.

I saw at 10 available at $0.07 yesterday. I'm all about dipping a toe in, but I'm not a student.


Tve bottom.

Joy, I'm watching for entry.

Tell me when you pull the trigger. It's mid month pay day today and bad decisions are bound to happen. :D

[Kloubek]

Pet peeve of mine when people say this, did you sell at a loss? If not, it’s just a number.

Semantics. I know I *technically* haven't lost anything. Nor have I gained, until I sell. But like any asset, it's still worth something and is worth less today than it was a week ago.

[ExtraSlow]

The only market that matters is housing, no other assets.

[ThePenIsMightier]

Took a decent sized position in Pacific Bay Minerals, PBM.V this week. Thinking it could pop soon.

Junior Mining Co's are about as risky as the BreX days even though the incredible rigour of the NI-43-101 reports are supposed to have fixed all of that uncertainty.

Consider First Mining Gold (FF.T). Their Springpole asset has 3.8 million ounces of gold, pretty much without question, fully proven. But... They have to drain a fucking lake to get at it and there are ~5 loosely affiliated groups of Indigifirst who all feel like that shit is theirs, so they need to create another Hobbema level of race-based payments to put out the pallet fires and traditional blockades.

Their total mine life including reclamation is <15 years but the "I'd feel better if" crowd is going to hold them to a design that can handle a 1 in 200 year storm event. That's window-licking, highly regarded.

There's no diesel nearby and access to the dozens of MW of power isn't fully secured. They need 300 bpd of diesel for their haul trucks. Their weather is horrendous, all year. Up to your asshole in snow all winter and dry enough in summer that a cigarette ash burns the entire place down.

So for 20¢ you can gamble that an extremely favourable govt scenario somehow grants them permission to pay the Indians enough to go, plus a significant war to drive gold futures high enough to justify the CapEx. Then their hopeful $1+ billion gets to reach $2+billion because globally, mining is BOOMING and they won't be able to get all their extraction and processing equipment for anywhere near the pricing they assumed in their previous phases.
And let's not forget that they have NO money, so they need Newcrest or Barrick or _____ to come in and buy them. At which point the new owner will want to redo their Feasibility Study and burn another 12 months before they break ground.
They are fuck.


But it's only $0.19 so how much lower can it go!!?

[mr2mike]

SDE and their Russian Oligarch money.
Defying the energy drop prices.
Their ppt pump products on point.

[DonJuan]

Junior Mining Co's are about as risky as the BreX days even though the incredible rigour of the NI-43-101 reports are supposed to have fixed all of that uncertainty.

Consider First Mining Gold (FF.T). Their Springpole asset has 3.8 million ounces of gold, pretty much without question, fully proven. But... They have to drain a fucking lake to get at it and there are ~5 loosely affiliated groups of Indigifirst who all feel like that shit is theirs, so they need to create another Hobbema level of race-based payments to put out the pallet fires and traditional blockades.

Their total mine life including reclamation is <15 years but the "I'd feel better if" crowd is going to hold them to a design that can handle a 1 in 200 year storm event. That's window-licking, highly regarded.

There's no diesel nearby and access to the dozens of MW of power isn't fully secured. They need 300 bpd of diesel for their haul trucks. Their weather is horrendous, all year. Up to your asshole in snow all winter and dry enough in summer that a cigarette ash burns the entire place down.

So for 20¢ you can gamble that an extremely favourable govt scenario somehow grants them permission to pay the Indians enough to go, plus a significant war to drive gold futures high enough to justify the CapEx. Then their hopeful $1+ billion gets to reach $2+billion because globally, mining is BOOMING and they won't be able to get all their extraction and processing equipment for anywhere near the pricing they assumed in their previous phases.
And let's not forget that they have NO money, so they need Newcrest or Barrick or _____ to come in and buy them. At which point the new owner will want to redo their Feasibility Study and burn another 12 months before they break ground.
They are fuck.


But it's only $0.19 so how much lower can it go!!?

This is the kind of excellent info I need. Well done sir.:thumbsup:

[ExtraSlow]

Junior mining companies are at best lottery tickets. Junior mining companies who hope to operate in canada are even worse.

[msommers]

Junior Mining Co's are about as risky as the BreX days even though the incredible rigour of the NI-43-101 reports are supposed to have fixed all of that uncertainty.

Consider First Mining Gold (FF.T). Their Springpole asset has 3.8 million ounces of gold, pretty much without question, fully proven. But... They have to drain a fucking lake to get at it and there are ~5 loosely affiliated groups of Indigifirst who all feel like that shit is theirs, so they need to create another Hobbema level of race-based payments to put out the pallet fires and traditional blockades.

Their total mine life including reclamation is <15 years but the "I'd feel better if" crowd is going to hold them to a design that can handle a 1 in 200 year storm event. That's window-licking, highly regarded.

There's no diesel nearby and access to the dozens of MW of power isn't fully secured. They need 300 bpd of diesel for their haul trucks. Their weather is horrendous, all year. Up to your asshole in snow all winter and dry enough in summer that a cigarette ash burns the entire place down.

So for 20¢ you can gamble that an extremely favourable govt scenario somehow grants them permission to pay the Indians enough to go, plus a significant war to drive gold futures high enough to justify the CapEx. Then their hopeful $1+ billion gets to reach $2+billion because globally, mining is BOOMING and they won't be able to get all their extraction and processing equipment for anywhere near the pricing they assumed in their previous phases.
And let's not forget that they have NO money, so they need Newcrest or Barrick or _____ to come in and buy them. At which point the new owner will want to redo their Feasibility Study and burn another 12 months before they break ground.
They are fuck.


But it's only $0.19 so how much lower can it go!!?

Hahaha what a fucking mess. I swear so many juniors paint this great story to boost their stock price and then immediately fuck off

[ThePenIsMightier]

Big Rock Brewing up 18% today??! WtF!?
Their EPS is still -0.88 so I think it's still a rocky road ahead. Did everyone think Election Day was going to turn something around?
So weird.

[roopi]

Big Rock Brewing up 18% today??! WtF!?
Their EPS is still -0.88 so I think it's still a rocky road ahead. Did everyone think Election Day was going to turn something around?
So weird.


2200 shares trading caused that. It's down 13 percent today on 200 shares.

[dirtsniffer]

Good thing I picked up some SU yesterday. Was hoping for an election bump.

[riander5]

Big Rock Brewing up 18% today??! WtF!?
Their EPS is still -0.88 so I think it's still a rocky road ahead. Did everyone think Election Day was going to turn something around?
So weird.

You're like Mr. Mine Guy.

What do you think of E3 Lithium? - $ETL

[ThePenIsMightier]

You're like Mr. Mine Guy.

What do you think of E3 Lithium? - $ETL

I haven't heard of them.
My layman's rule is that anything ending in "ium" is highly volatile.

[schurchill39]

You're like Mr. Mine Guy.

What do you think of E3 Lithium? - $ETL

Their CEO can come across as a bit of a dick but they are definitely out there meeting the right people and promoting the industry a ton across the world. They've partnered with an O&G company in central Alberta to take their waste water and process it which minimizes their cost for the pilot project and I would expect some good things to come from that.. I don't know how feasible it is on a large scale but I think if any one of the Canadian Lithium companies is going to make it it would probably be them.

[msommers]

In a global sense they're a very niche, small player when it comes to total lithium production.

Have they produced and sold anything yet or still in testing/field acquisition phase?

Their technology is really exciting, I hope they do well.

[roopi]

BavarianBeast since you're a fan of Biotech's take a look at EPRX (Eupraxia Pharma), warrants are EPRX.WT, EPRX.WT.A. It's been doing well lately and is in phase 2 trial with results expected soon.

EPRX.WT - expiry is 3 years away (March 2026) 11.20 exercise
EPRX.WT-A - expiry is 3 years away (April 2026) with 3.00 exercise

Some solid news on this one over the past couple weeks. Accepted into FDA fast track, positive Phase 2 results, analyst upgrade to $17.

[16hypen3sp]

What do the beyonders figure???

Situation: Got inheritance cash. Going to use this money, along with other funds, towards home purchase next spring.

Have been thinking about putting it in a Cashable Interest-Linked GIC from RBC. 4.4% interest rate on it as of time of this writing.

Also looked at ZMMK from BMO. (HISA ETF)

Also looked at RBF2010 which I'm still not too sure about.

I'm leaning towards this GIC tho.

What do you guys think???

[arcticcat522]

I suspect Game Stop is ready for another run....

Honestly, I think GIC isn't a bad option. But also....Some oil and gas stocks have over 10% dividend yield.

[ExtraSlow]

You want to minimize your risk of losing any over this short time period so it's available for the intended purpose. Probably.

[arcticcat522]

What he said is responsible ^^ where is the fun in that.

[mr2mike]

Also looked at RBF2010 which I'm still not too sure about.
What do you guys think???

I cashed out of a bunch of stocks and instead of lying in cash, I bought this exact fund. Safe and offsets inflation a bit.

No strings attached to sell it and move your money out.
Interest is calculated daily but paid to your account monthly.

Insured up to $100k if I recall. Could be $500k now that I think about it.
No chance of losing, so good for your instance for a home purchase in the next while.

Also a good info graphic. Unrelated kind of.
114177

[16hypen3sp]

You want to minimize your risk of losing any over this short time period so it's available for the intended purpose. Probably.


What he said is responsible ^^ where is the fun in that.

Exactly. I can't risk putting in O&G stocks and it declining. Need something solid. The interest rate on the GIC's aren't looking that bad like they used to be.

[ThePenIsMightier]

WealthSimple Black has a 4.61% high interest savings account. That sounds better.

[killramos]

WealthSimple Black has a 4.61% high interest savings account. That sounds better.

This. Don’t fuck around with your timing by getting cute when you can pull nearly 5% interest out of a bank account.

[mr2mike]

Some prefer sticking with the bank everything is already at.
Nothing wrong with the rbf2010 fund he has asked about.
The other rbc products that appear to have higher interest rates, have fees which probably chew up that incrimental rate gain.

If the inheritance is over $100k, you could split it up to have it fully CDIC Insured across multiple accounts at the $100k insurance max.

[bigboom]

TDB8150 is a good short term place for money as well, currently paying 4.3%.

[mr2mike]

Applicable news
https://www.cnn.com/2023/07/06/business/high-interest-rates-banks-savers-lag/index.html

[mr2mike]

EMO
Gold stonk.

[SJW]

HPQ silicon looking ripe. I have 60,000 shares. I wanna pay off my house with this one.

[ExtraSlow]

HPQ silicon looking ripe. I have 60,000 shares. I wanna pay off my house with this one.

That's funny. I was thinking of taking some of my play money and just plonking it down on the mortgage now that interest rates have gone up.

[CompletelyNumb]

HPQ silicon looking ripe. I have 60,000 shares. I wanna pay off my house with this one.

Hope you bought at 0.20

[mr2mike]

Hope you bought at 0.20

Quebec based... Nevar fail.

[SJW]

Hope you bought at 0.20

If it blooms i'm buying a porsche. Period.

[ExtraSlow]

If it blooms i'm buying a porsche. Period.

beyond.ca approves this message.

[msommers]

VALE in buying territory

[littledan]

VALE in buying territory

Buy @ $12.xx sell at $15.xx?

[msommers]

I guess this is the short-term thread, so sure that'd work.

For me, this looks like a good accumulation point.

[bjstare]

Buy low, sell high?

Yes, I can confirm that is a sound approach to trading and making money.

[schurchill39]

Yes, I can confirm that is a sound approach to trading and making money.

Well that would explain why I am always losing money. I got it all backwards!

[max_boost]

Well that would explain why I am always losing money. I got it all backwards!

Wasted prime 20 years of my life trying to beat the market lol
I officially surrender lol

[arcticcat522]

Well that would explain why I am always losing money.

Thank you for subscribing to my news letter....

[CompletelyNumb]

Wasted prime 20 years of my life trying to beat the market lol
I officially surrender lol

Turns out you should have just bought a detached house :rofl:

[jwslam]

Well that would explain why I am always losing money. I got it all backwards!
Can't be losing money if I don't get to sell from riding all the way down to $0 right?

[msommers]

Turns out you should have just bought a detached house :rofl:

*kept the detached house

[max_boost]

*kept the detached house

Yesss
Despite all that, and many therapy sessions later, ahhh its Saul good man :D

[msommers]

Hell ya. Plus the NSX is sweet

[Justing]

The first one? Shoulda kept that too.

[max_boost]

:werd: :D

[msommers]

The first one? Shoulda kept that too.

Rep? Oh you better believe it.

[Disoblige]

Don't sell this one, unless it's to me.

[suntan]

Cbil if you’re wanting to park some money.

[swak]

Found BRKY not long ago, eft holding BRK B (and eventually A), low volume but good potential I'm thinking to park money also. *imo

[mr2mike]

RBY might be a diamond in the rough.
Getting more press coverage now as of late.
Small O&G producer in Clearwater acreage.

[killramos]

Yea maybe if they keep breaking that company up into more pieces with more senior management it will start functioning.

[ExtraSlow]

If you are about operations and management, you'd better like Perpetual if you are buying RBY, since it's 100% planned, executed and operated by Perpetual. It's a funny corporate structure.

[bigboom]

If you are about operations and management, you'd better like Perpetual if you are buying RBY, since it's 100% planned, executed and operated by Perpetual. It's a funny corporate structure.

That half of the Rose family doesn't seem to have the same touch...

[DonJuan]

Opinions on VLT? (Volt Lithium Corp).

I'm just beginning my research into them.

[msommers]

Interesting assets that's for sure. But their economic outlook using a 120 mg/L average, when their highest they achieved was 121 mg/L and their averages are much, much lower throughout the aquifer seems pretty disingenuous.

Don't see it mentioned but the extraction method isn't listed other than "proven DLE process" claiming a 90% recovery.

[ThePenIsMightier]

Interesting assets that's for sure. But their economic outlook using a 120 mg/L average, when their highest they achieved was 121 mg/L and their averages are much, much lower throughout the aquifer seems pretty disingenuous...

I bet if they have an NI-43-101 it won't be stating a recovery rate that high, because that's exactly what those reports prevent shifty miners from doing.

In general the "___ium miners" (battery elements) experience extreme price volatility. Most get higher, but it's a rough ride.

[msommers]

*up to. Check out their presentation, like all investor presentations it's pretty pumped.

43-101's are great but having worked with people who put their names on it and knowing the mining industry in general, it's often flirting with the line and then some.

[DonJuan]

This is exactly the kind of insight I was looking for.

Much appreciated! Anyone wanna dip a pinky toe with me?
I'll prob put in a $1k next week. I just sold some TVE.

[mr2mike]

This is exactly the kind of insight I was looking for.

Much appreciated! Anyone wanna dip a pinky toe with me?
I'll prob put in a $1k next week. I just sold some TVE.

I dumped done tve too on the spike.
Their dividend isn't worth holding on for. 1¢/sh pfff.

[besillltree]

Consider looking into a mix of low-cost index funds, maybe some real estate, or even starting a side hustle. Diversify and think long-term, and you'll be on the right track!

[DonJuan]

I'm more about the get rich quick GME style.
Get pumped and eject before the dump, retire with a GT3 RS.

In all seriousness though, this is my side hustle. Real estate for me is long term for my kids to see the profit from. My goal is to spend as little time as possible doing things I don't want to do. When 100% of my time is quality time then I've made it. Hopefully by then I'll be able to harass my kids for grand kids etc.

[BavarianBeast]

Picked up Gilead ( $81.35 avg) this afternoon, Thompson Reuter’s ($100.40 avg) and Sunlife ($32.76 Avg)

TRI.to is truly the gift that keeps giving

[you&me]

TRI.to is truly the gift that keeps giving

Is it still a short-term investment if you hold TRI for ~2.5 years (based on your $100 average)?

Nice gains, nonetheless.

[DonJuan]

What are you guys doing with FOBI? Voluntary MCTO

https://financialpost.com/globe-newswire/fobi-ai-announces-application-for-voluntary-mcto

[BavarianBeast]

Thanks. I guess I’ve seen every publicly traded stock as a short term investment because of the volatility and liquidity.

I am bag holding FOBI from $0.55 average now. Not much hope, doesn’t seem like their technology/product offerings are taking off the way myself and others anticipated. I thought this guys post about fobi had some good info but still not as bullish as I once was.

https://www.reddit.com/r/FobiAI/s/Jsi1MyLm8s

[arcticcat522]

Still time to get into ZEN. Still looking forward to the day a big co tract is announced.....one day. Please move to very long term sub thread...

[DonJuan]

Thanks. I guess I’ve seen every publicly traded stock as a short term investment because of the volatility and liquidity.

I am bag holding FOBI from $0.55 average now. Not much hope, doesn’t seem like their technology/product offerings are taking off the way myself and others anticipated. I thought this guys post about fobi had some good info but still not as bullish as I once was.

https://www.reddit.com/r/FobiAI/s/Jsi1MyLm8s

Same here. I think I'm with my rebuy during the downward spiral I'm in at around $0.60. Just wanna dump it.