Official Short-term Investments Thread

[liquid1010]

Originally posted by Canmorite
Very dissapointing job report. It made for great volatility at 6:30 in the morning :eek:

Add that to the fact that Greenspan believes this market looks oddly close to 1987... and we could be in for a bumpy ride.

http://news.yahoo.com/s/nm/20070907/bs_nm/greenspan_market_dc

Any thoughts on where you think we are headed in the coming months. I was looking at moving towards a strong Gold position about a month ago, since Aug/Sep seem to be it's strong months, and now I'm wishing I would have done that.

[Canmorite]

I've been long gold for about a week (futures), and I think its going much higher. Take a look at HGU on the TSX. Basically a Gold ETF. If your pockets are deeper look at GLD on NYSE.

If we get a pullback I'll probably add to my position, unless we get a really hard move like back in April-May 2006.

Long Gold, short $USD, looking to buy EUR/USD & GBP/USD, short USD/CHF, bla bla bla. Need better entry points first.

[liquid1010]

I'll do some more research tonight, and wait to see how things shape-up first thing monday morning. I was looking at IAU (gold trust).... simple and easy.... any thoughts?

[Canmorite]

IAU looks very similar to GLD in the way it moves, but GLD is much more liquid.

[91_Integz]

Originally posted by Gainsbarre


Or up $0.0085 -- what news is it reacting to? Mass emails?

Do your own due dilligence...but thank me for letting you know about it.

Up another 34% today...it doesn't stop here either :drool:

[Canmorite]

Up 0.011 cents.

You'd have to be holding a few 100K shares to make anything on that. To some, its just not worth the risk.

[Rat Fink]

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[91_Integz]

Originally posted by Rat Fink
bought and sold SWVC today for a thousand dollars profit. Not bad for 20 minutes. Thanks for the tip!

nice flip! You should get back in - promising financials about a merger are coming out today or tomorrow - should hit 10 cents by the end of the week

[Canmorite]

Had a great morning on a crude play + ES07/NQ07 short. Gave almost half of it back, though :thumbsdow

[Rat Fink]

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[badseed]

Originally posted by badseed


Declined the Action Energy Shares and Sold mine for $1.15. I didn't have a big enough position and wasn't worth it for me, so I took a small loss.

Just wondering what anyone else did who owns Rol.a??

So get this, I did exacltly as stated above.

Waited a week or so for the request to complete, check my Account late last week and all of sudden I own AEC shares?? WTF I say to myself, I chose option 1 (Cash).

I call TD and they tell me there is a "clause" in small print stating Rol.a will only pay up to a certain amount of cash. Basically just cause you choose Cash option doesn't mean shit. Now I'm stuck with a tiny position of AEC and some cash left over since it worked out to an Odd lot.........F*CK OFF! I asked the TD rep if I had made my request sooner would I have a better chance of receiving cash, she says "thats a good question, I'm really not sure". Great answer, I might as well of flipped a coin.

[bigbadboss101]

Originally posted by 91_Integz


nice flip! You should get back in - promising financials about a merger are coming out today or tomorrow - should hit 10 cents by the end of the week

Hope you are right :angel:

[Rat Fink]

nuts

[91_Integz]

Originally posted by Rat Fink
Got a part fill with SWVC at .0546, and sold again at .06! woot woot

Looking to buy back in for flip number 3 today. I love this! :guns:

Trust me just buy and hold on for a bit - this thing is crazy

[bigbadboss101]

The 52 weeks high vs low is unreal!

[Rat Fink]

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[Z_Fan]

LOL I just bought in "at market" a short while ago and paid 0.06.

In a minute or two it'll be at 0.07 as it was just at 0.069.

I'll hang on to it for a while and see what happens. I only bought 25000 shares. I was gonna buy 100000 but changed my mind. Doh.

[Z_Fan]

There it is. 0.0719

LOL

This one scares me.

[Z_Fan]

0.0775 in just a couple minutes from 0.07. Wow.

And now it hit 0.08. This one is crazy.

[Canmorite]

That stock is nuts today...

[liquid1010]

Originally posted by badseed


So get this, I did exacltly as stated above.

Waited a week or so for the request to complete, check my Account late last week and all of sudden I own AEC shares?? WTF I say to myself, I chose option 1 (Cash).

I call TD and they tell me there is a "clause" in small print stating Rol.a will only pay up to a certain amount of cash. Basically just cause you choose Cash option doesn't mean shit. Now I'm stuck with a tiny position of AEC and some cash left over since it worked out to an Odd lot.........F*CK OFF! I asked the TD rep if I had made my request sooner would I have a better chance of receiving cash, she says "thats a good question, I'm really not sure". Great answer, I might as well of flipped a coin.

Yea I saw that clause as part of the deal.....

[Rav4Guy]

Everyone got pro-rated on the AEC/ROL.A deal. So everyone ended up with part cash and part shares.

They paid up to ~8million and it was stated right in the option...

[91_Integz]

SWVC has been like this for the past week - it's crazy. IMO it isn't the typical OTC stock - I'm going to ride this one out, taking profit along the way

[bigbadboss101]

I got 80,000 @ 0.059 this morning and said oh well put in a sell order @ 0.08 and poof it went. Will be cautious for sure though.

[Z_Fan]

Yeah, I can't put in a stop loss order on that stock. RBC doesn't let you for those stocks.

SO, I decide to just sit and watch it...going up fairly steady. So then I go have a damn shower and come back and it's down to 0.073. LOL. FAWK. And I have to go out for the rest of the day, so I am going to have to sell it right now. Piss me off.

With my luck, when I get back it will have closed at 0.085 or something.

Gay. Sold it 4 minutes ago at 0.073 and now it is at 0.080. FAWK.

[Rat Fink]

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[Z_Fan]

Rat Fink,

I'm glad you made that one post about how you don't keep these things overnight, etc. Made me watch the stock closely, and I sold it the second I walked out the door when I could no longer watch it.

I didn't make as much as I could have, because it dipped down right as I had to go out - but I did make money selling at 0.073 and I'm glad I'm out cuz at 0.048 that is a big loss in a short time for those who bought in at 0.08 etc.

Good information and thanks for that post and early warning. :thumbsup:

[Rat Fink]

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[91_Integz]

This stock took a tumble late today - looks like someone holding a big position sold ALOT of their stock - not worried at all though. If you research the company you'll find that this company, and MANAGEMENT isn't that of your typical OTC stock. I can see afterhours trading inbetween 7-8 cents. This thing will have another good day tomorrow, and will open very strong.

It'll be good for me, as well as the guys who want in and out short term gains. Keep an eye on this one!

[Canmorite]

Originally posted by 91_Integz
This stock took a tumble late today - looks like someone holding a big position sold ALOT of their stock - not worried at all though. If you research the company you'll find that this company, and MANAGEMENT isn't that of your typical OTC stock. I can see afterhours trading inbetween 7-8 cents. This thing will have another good day tomorrow, and will open very strong.


No offence, but all these OTCBB stocks are hyped as 'not like regular OTC stocks!'. I've seen the 'news releases' being written (and helped write a few myself, quit that job) before it hits the wire and this is nothing new.

Considering the highs it was at earlier, price took a hit today with tons of volume. A big hammer candle with tons of volume is a signal to get out, especially after a huge run-up. We many see a small return move, but if it were me, I'd be exiting.

Of course, many guys hold onto these stocks because outrageous run ups can continue even after large % moves.

Just my thoughts.

[91_Integz]

The price didn't take a hit today - it was actually up 2%. It was up to 8.6 today on HIGH volume, but if you look at the trades the tumble wasn't on high volume. Looks like a LARGE shareholder just sold off his holdings at market, which caused the price decline.

I know what you mean about these OTCBB stocks though, which I understand why you are emphasizing to exercise caution.

I'm just giving a heads up - I've done hours of reading about the company, and PERSONALLY I think it's good. Others may not, which is why anyone investing on any "stock tips" must conduct their own research, and not buy on a wimb.

GL to everyone in this thread in ALL your investments

[Kritafo]

anyone check out NOT today, we were celebrating tonight on that one.

[Canmorite]

What price did you get in at?

[91_Integz]

Originally posted by Canmorite
What price did you get in at?

is this question for me?

[Canmorite]

Originally posted by 91_Integz


is this question for me?

For Kritafo. Shoulda quoted him.

[liquid1010]

I'm not huge into "trading", I'm more of a mid to long term holder. However, those looking at trading, take a look at the movements in LVN.V. I'm holding longer-term, but it's been bumping around between .17 and .29 for some time now. Resistance at .29, and support at .22.

[Canmorite]

Trying out a new platform today. Ninja-Trader with Zen-Fire data feed. Fastest retail data feed out there. Really nice platform, too.

[Rat Fink]

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[Gainsbarre]

Originally posted by Canmorite
Trying out a new platform today. Ninja-Trader with Zen-Fire data feed. Fastest retail data feed out there. Really nice platform, too.

"Ninja-Trader"??!?!? Is there seriously a platform out there with that name?!

More info please!

[liquid1010]

I believe this is what he's referring to:

http://www.ninjatrader.com/webnew/index.htm

Canmorite, are you just linking up the free version with Questrade?

[Canmorite]

Originally posted by Rat Fink


What are the fees/commissions like?

It depends on your account size and exchange membership (If any) The per-side fee table from Ninja is hard to find. I'll have to get them to e-mail it to me.



Originally posted by Gainsbarre


Ninja-Trader??!?!? Is there seriously a platform out there with that name?!

More info please!

Yes, there is. My P&L runs 20% better when I wear a ninja suit.



Originally posted by liquid1010
I believe this is what he's referring to:

http://www.ninjatrader.com/webnew/index.htm

Canmorite, are you just linking up the free version with Questrade?

Yea its the free version, but with Zen-Fire data.

[Kritafo]

We got NOT back in the 30-40 cent range. I just took a peek sitting at 1.92 right now...it will be another night of celebrating if it closes this high again!

[Z_Fan]

^ I'd set a stop loss.

I mean, it's only real money once you've taken it off the table.

[Kritafo]

we have sold a bunch of not to take profit...most of other stocks are sucking... ...it makes it an interesting day

[Canmorite]

Heres a look at Ninja's charting package. Really clean, and completely customizable. Only got to trade morning session, though.

http://img512.imageshack.us/img512/346/11092007ninjakj4.jpg

[bigbadboss101]

No more SWVC talk? That thing moves around, lot of emotions.

[Rat Fink]

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[Rat Fink]

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[Rat Fink]

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[91_Integz]

Originally posted by Rat Fink


confirmed today with SWVC.....jump in outstanding shares by something like 37 million in the last couple days. Same company doing the debt conversion is also behind COPI

Walking away now. I'll keep my 300 dollars worth of shares I have left and sell them on a runup tomorrow

I think you are wrong here. The management in this company isn't like your normal OTC stock - too much panic in this one. Once the audit results come out, this thing will be trading above 10 cents for sure. We'll see what happens next week...I'm holding strong, even though watching the daily up and downs is enough to give someone a heart attack!

[liquid1010]

Originally posted by Canmorite
Heres a look at Ninja's charting package. Really clean, and completely customizable. Only got to trade morning session, though.

http://img512.imageshack.us/img512/346/11092007ninjakj4.jpg

I'm used to just using Webtrader for the time being... but am looking at downloading and checking out the NinjaTrader Platform. - You mentioned you used Zen-Fire data feed? Care to elaborate? When I look to download it, NinjaTrder asks for a current data feed.... but I don't see anything that rings a bell.

[Canmorite]

Originally posted by liquid1010


I'm used to just using Webtrader for the time being... but am looking at downloading and checking out the NinjaTrader Platform. - You mentioned you used Zen-Fire data feed? Care to elaborate? When I look to download it, NinjaTrder asks for a current data feed.... but I don't see anything that rings a bell.

Zen-Fire is the fastest retail data feed guys like us can get. It is pricier then the others, but its worth it for some. If you're going to be scalping/quick intraday trading, its a neccesity.

Can you link me to that page where it asks for your current data feed? If you're not using one on the list I would just leave it blank.

[liquid1010]

Originally posted by Canmorite


Zen-Fire is the fastest retail data feed guys like us can get. It is pricier then the others, but its worth it for some. If you're going to be scalping/quick intraday trading, its a neccesity.

Can you link me to that page where it asks for your current data feed? If you're not using one on the list I would just leave it blank.

It's near the bottom of this page:

http://www.ninjatrader.com/webnew/download_trading_software.htm

From what I've read online (briefly), NinjaTrader is not compatable to trade with using Questrade

[Canmorite]

Oh, no it's not compatible with Questrade. Zen-Fire is for futures and forex.

Ninja Trader is a seperate platform, which you buy or use for free, depending on the version. The data feed is from a seperate company, that you pay per month/year for.

AFAIK, Questrade gets their data from one source and thats all you can use. I don't know where they get it from, though.

[Rat Fink]

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[djayz]

anybody here buy into the IPO of sentry select precious metals and know whats going on with this thing? Im still holding the shares and the warrants but this thing has no life what so ever

[93mr2gt]

Anyone hear about a stock named GNZ?

[Mckenzie]

Originally posted by djayz
anybody here buy into the IPO of sentry select precious metals and know whats going on with this thing? Im still holding the shares and the warrants but this thing has no life what so ever

No so happy with this one either but here is a plus:

When the IPO closed, it had raised lots of cash. Equity's and metal prices had already started to fall and throughout the month of July there was some great bargains out there for Century Select to purchase with the many millions it had raised. As the markets pick up steam again, these bargains will be moving very well.

I think once we get an update on the cash and investments position that there will be some more movement here.

Either way, I cannot say I enjoy seeing an investment down this much after an IPO.

:dunno:

[Rat Fink]

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[Kritafo]

yes NOT is going crazy. We hold some BMK and FWR as well... Mind you there are many good pics....I am not even sure what all we have my husband keeps buying and selling but NOT was one of our long term holdings

[ShOwOfF]

Oh wow, NOT was nuts! Was there ever a suggested buy on them posted on here?

[bigbadboss101]

How these you guys find out about these now hot stocks :-) ?

[Canmorite]

Abnormal volume market scans :D

[Rat Fink]

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[benyl]

NOT is halted.

[liquid1010]

Originally posted by Rat Fink

You never go broke taking a profit. Also, I am very strict in protecting what I've gained. If I have to sell for a small loss I do so without blinking an eye. Beats waiting and watching that loss get bigger. Sometimes waiting out would've meant not losing and actually seeing a gain....but then there's those other times where the stock will crash through the floor and you'll lose too much ground to recover. Had a few friends over the years go bust from trading.

Excellent statement!

[Kritafo]

yeah...it will be a stress filled day until NOT press release.

the pre-market stuff was looking good for 4.25 probably be waiting until Monday now

[Canmorite]

Originally posted by Rat Fink

You never go broke taking a profit.

Sorry, but I have to somewhat disagree with this. While taking a profit feels great, taking it too early is a zero sum game.

When you cut your losses AND profits short, your ratio of winners to losers needs to be much higher. Pulling an 80% win ratio would work with this 'taking a quick profit' but thats a high ratio to maintain.

I agree that when your losses start to amount, cut them short. Get out, now. If it hits your stop, or mental stop, honor it. When significant support/resistance areas you may get wild moves that could take your account balance lower.

What I'm trying to say is let your profits RUN and cut your losses SHORT. Of course, this depends on your time frame. If you're intra-day trading, you close your position by the end of the day regardless of win or lose.

If you buy a stock and it moves in your favor, of course you could take the profit and it feels great to lock that in, but consider selling half and letting the rest ride.

[Rat Fink]

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[benyl]

wow, I am not chasing that.

We need to know about these before they explode! no after... haha

[Rat Fink]

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[bigbadboss101]

6 baggers from days ago.

[Canmorite]

Traded the first 2 hours, and quit. Markets are soooo slow on fridays.

[troyl]

Nice to see PTU creeping back up. All in all kind of a slow day, other than NOT area plays haha crazy!

[Rat Fink]

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[benyl]

You are flipping 50,000 shares? Bling bling!

[Rat Fink]

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[bigbadboss101]

I held PTU for a long time and Monday I sold @ 0.53 for a loss. Guess what, up up up.

Sold DOS @ 0.30, and immediately it goes up.

Let me know what you are buying next, I will sell it :-P

[Rat Fink]

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[Rat Fink]

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[liquid1010]

Man, what do you guys do for a living that you can watch the markets this closely?!

I like to get on my platform a few times a day, but I don't have the time to "trade".

[Rat Fink]

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[Canmorite]

Originally posted by liquid1010
Man, what do you guys do for a living that you can watch the markets this closely?!

I like to get on my platform a few times a day, but I don't have the time to "trade".

Most my classes start at noon, so I'm up at 6:30 ish to watch the pre-market action, then trade for a few hours before leaving.

EDIT: Sounds like a good day Rat Fink :thumbsup:

[max_boost]

I'm with RBC Action Direct and nothing has shown up in regards to the whole ACE and ROL.A deal.

I didn't accept the cash buyout and didn't do anything when they mailed me their package.

My account lists the closing balance of ROL.A effective the last trading day but nothing else is updated. Under the symbol it says "R102301"

Does it take awhile to update or should I call Action Direct? I haven't been paying any attention to the market. I'm still trying to recover lol

[liquid1010]

I had the same concern with my Questrade. I put in a request to find out why there was a delay, and it was updated this morning.

When in doubt, call.

[troyl]

Originally posted by Rat Fink


For me, I do drafting/engineering type work. 95% of the time I'm at the computer for the entire day. I keep my platform open and running in the background at all times.

Today was a big day for me. I made almost 3 months of my salary. I'm a bit behind on one of my drawings now. meh. :D

Haha nice work out there today Rat Fink!

[yellowsnow]

AEC just keeps tanking. they better release some good news quick or it's just gonna keep plummeting

[bigbadboss101]

Here is what I found on another forum regarding companies working in the James Bay area.

Any opinions on the following? I think I am going to monitor FWR and UC. BMK and NOT ran up high already.

James Bay Lowlands Area Play: 9 on the list
Noront’s new discovery is located at McFaulds Lake in James Bay Lowlands, ON.

ROX.V Canstar Resource

- Property: McFauld's Lake Property in James Bay Lowlands, ON
- Shares Issued 53,302,547
- Year High 0.18 Year Low 0.09

PRB.V Probe Mines Ltd.

- Property: Tamarack (formerly named McFauld's Lake), James Bay Lowlands
- Shares Issued 23,914,973
- Year High 0.66 Year Low 0.13

BMK.V Macdonald Mines Exploration Ltd.

- Property: McNugget Property, west of the McFauld's Lake in James Bay Lowlands
- Shares Issued 76,217,319
- Year High 0.24 Year Low 0.06

UC.V UC Resources Ltd.

- Property: McFauld's Lake Property in James Bay Lowlands, ON
- Shares Issued 89,525,326
- Year High 0.74 Year Low 0.23

SPQ.V Spider Resources Inc.

- Property: McFauld's Lake Property in James Bay Lowlands, ON
- Shares Issued 242,393,535
- Year High 0.075 Year Low 0.03

KWG.V KWG Resources Inc.

- Property: McFauld's Lake Property in James Bay Lowlands, ON
- Shares Issued 182,926,578
- Year High 0.105 Year Low 0.03

FWR.V Freewest Resources Canada Inc.

- Property: McFauld's Lake Property in James Bay Lowlands, ON
- Shares Issued 138,119,825
- Year High 0.34 Year Low 0.12

FNC.V Fancamp Exploration Ltd.

- Property: McFauld's Lake Property in James Bay Lowlands, ON
- Shares Issued 25,126,924
- Year High 0.87 Year Low 0.105

[Canmorite]

What a sloooooww day. Everyone is waiting for tomorrow.

Consensus is a 25 point basis cut from the fed, with a possibility of a 50 point cut. If we get a 50, there will be a lot of buyers out there.

SWVC got pwnt today. Down 14%.

[liquid1010]

Originally posted by Canmorite
What a sloooooww day. Everyone is waiting for tomorrow.

Consensus is a 25 point basis cut from the fed, with a possibility of a 50 point cut. If we get a 50, there will be a lot of buyers out there.

SWVC got pwnt today. Down 14%.

I think 25 is the concesus right now.

[liquid1010]

Originally posted by Canmorite
What a sloooooww day. Everyone is waiting for tomorrow.

Consensus is a 25 point basis cut from the fed, with a possibility of a 50 point cut. If we get a 50, there will be a lot of buyers out there.

SWVC got pwnt today. Down 14%.

I think 25 is the concesus right now.

[Z_Fan]

Anyone know why RSG is moving?

It is up to .235 now. Has been sitting down mid-low teens for a while. Volume is nearly 10x normal.

[badseed]

:werd: I was wondering the same thing.

[Rat Fink]

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[liquid1010]

Originally posted by liquid1010


I think 25 is the concesus right now.

LOL.... Karma came back around.....

[bigbadboss101]

I agree with you RAT. PRB was crazy high too. Wonder why the delay.

What are you in long, and what are you flipping?

[Rat Fink]

.

[bigbadboss101]

DOS, know much there? Friend got in 3 weeks or so ago at 0.29. News today, and supposed to be more to come soon.

[yellowsnow]

should be a NR for rsg tomorrow... hopefully that'll drive the stock even higher :D looking very promising

[Z_Fan]

My problem with RSG is I bought it at .295. It went up to .34 at the time, and I held. Then it dropped like a stone and I had no stop set. So I've been hanging on to a whack of shares for a long time. .26 looks good to me to sell. Hahah, so that tells you how far behind I was just a couple days ago. But obviously I'm gonna hang on to this for a while longer.