Official Short-term Investments Thread

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[bigbadboss101]

True, with high # bought/sold a couple pennies here and there = profits. On the other hand, it can also go south. I need to free up some $. Don't want to sell my Starfield though.

[Canmorite]

Bad numbers for the $CAD. It was the CPI report. Was due for a bounce anyway.

Interesting look from FXdaily.com...

http://www.dailyfx.com/story/dailyfx_reports/cross_markets_data_reaction/Will_Canadian_CPI_Push_USD_CAD_1190151129251.html

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[Canmorite]

Heavy resistance at that 0.325-0.40 area. Lots of people selling at those levels to get their money back.

[punky]

I haven't been following this thread at all, and i probally wont go through all the 100+ pages, but can u guys tell me what's a good forum to learn trade?

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[Z_Fan]

Yeah, all the area stocks are getting hammered. Hahah, crazy. Sucks to be anyone who bought in the last two days on surrounding area stocks.

Most of them down huge amounts. Even NOT was low $2.50 from it's near $4.00 close. The news is no big whoop I agree.

RSG is tumbling from this morning too. Still up on the day though from yesterday's close.

I sold at $.34 but was foolish and bought back in on a dip. But it kept going and is now at $.285. Crap.

[Kritafo]

NOT , well seems everyone was waiting for test results on Hole #5, for the amount of time we waited for this press release it certainly ticked off a lot of people, we still hold some NOT but sold most of it during the high days. Today I am not even going to watch the slaughter

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[Z_Fan]

Wow, the swings in the last 15 minutes on the surrounding plays are just massive. Things that were down $.80 15 minutes ago are nearly recovered. Crazy money made by some folks who took the risk to buy in during the immediate fallout.

Most of those stocks have recovered already. Huge spreads on the high and lows on all those stocks. In some cases more than $1.2 per share. That's crazy.

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[Kritafo]

NOT is still 3.21 right now as it has resumed trading...yeah ...I know..I wasn't going to look but I was reading the Agoracom board

[Z_Fan]

NOT is at $3.65 now.

It went down pretty low there for a few minutes. $2.50 or something. But seems to have recovered like all of the area plays.

[Kritafo]

Unfortunately we bought UC in the high and now it's down to nothing... we will have to wait this one out, we may bail if it takes to long and just cut our loses.

[bigbadboss101]

Yeah I got UC on Monday, and BMK and FWR. Hold till they get some results.

[Z_Fan]

Originally posted by Kritafo
Unfortunately we bought UC in the high and now it's down to nothing... we will have to wait this one out, we may bail if it takes to long and just cut our loses.

Do you mean you bought it a year ago?

It's not that bad today compared to the recent high. I mean, I think it's only down 0.08 today at the moment.

[Kritafo]

I thought UC looked good, they did have a few press releases talking about their volumes which have been high for area play arount NOT

Okay..Hold on UC, I just hate seeing the red!

[bigbadboss101]

Ran up big time the last week or so and not it's lost a chuck of that. One can sell and take the loss or wait for a longer term.

I decided there was a certain amount of $ I can 'gamble' with so I am gonna hold.

Having said there. There's lot of MM manipulation, pump and dump, and abnormal reactions (eg. price drop on good press release) etc.

[liquid1010]

I've always used a Web Based platform at work, and was always frustrated with Questrade's Web Platform. With that said, for those who are interested, they just made available their new Webtrader with L2 Quotestream, insider trades, financials, Java Charts, etc. Just spent some time looking around, and I really like it.

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[Z_Fan]

If you had a trade (buy) and they cancelled it - I have had this happen to me. AND, I figured ok, it got cancelled, no big deal. I don't need to do anything. Everything for that entire day was reversed.

Well, next day, it opens, and all the buy orders that were done went through again at the adjusted price!!! So I wind up with 25000 shares of shit I didn't want anymore at a different price than what I had originally paid. Bullshit.

Happened on GLY and that fucking POS went down to 0.03. Gay.

[bigbadboss101]

The James bay area stocks rebounded Thursday. Now let see them go up and away! Some more good drill results and exploration plans would be lovely. Possibly some interested takers in buying one of these companies.

[Kritafo]

NOT and UC both up today. NOT high for 15 min trading was 4.77 last I looked. UC was up a few cents.

I haven't looked what we bought and sold yet

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[liquid1010]

Any thoughts on NIC.TO? I've been holding through this uptrend, but am thinking of dropping out early Monday due to what seems like slower buying. It closed at it's high however, so I'm curious to see what happens first thing Monday morning.

BTW... anyone still holding LVN? I sold half a while ago, but am hanging on, and plan to bolster my position during any weaknesses.

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[liquid1010]

LVN.VN moving again this morning..... up to .32 :thumbsup:

*edit.... make that .33

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[troyl]

NOT halted.

[yellowsnow]

anyone know why the high volume with AEC?

[troyl]

Anyone still holding MLY? Has had a nice run the past few weeks.

[RX_EVOLV]

omg VMS is absolutely going nut!!

[Sailz]

Originally posted by RX_EVOLV
omg VMS is absolutely going nut!!

Jeezus your not kidding up almost 60%....I knew I should jumped in.....hindsight is always 20/20.

[Rat Fink]

Originally posted by Sailz


Jeezus your not kidding up almost 60%....I knew I should jumped in.....hindsight is always 20/20.

[suen17]

I tried to search up VMS, but it doesnt exist on yahoo, whats the ticker symbol for it I am interested in it. Thanks

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[roopi]

NOT Halted and here's why. :thumbsup:

Sep 27, 2007 09:15 ET
Noront Reports Assays for 5th Hole
DOUBLE EAGLE (Cu,Ni,PGE) PROJECT, JAMES BAY LOWLANDS, ONTARIO
TORONTO, ONTARIO--(Marketwire - Sept. 27, 2007) - Noront Resources Ltd. ("Noront")(TSX VENTURE:NOT) is pleased to announce final assay results from the fifth hole of the diamond drilling program on its' optioned claims where Noront is earning a 100 % interest, subject to royalties, on the Company's Double Eagle project located in James Bay Lowlands, northeastern Ontario. (See press release dated May 27, 2007 for details of this option agreement.)

HIGHLIGHTS

- Hole NOT-07-05 final assay results include; 68.3 meters averaging 5.9% nickel, 3.1% copper, 2.87 g/t platinum, 9.78 g/t palladium, 0.61 g/t gold and 8.5 g/t silver;

- 3 meter section of hole averaged 8.7% nickel, 10.9% copper, 40.79 g/t platinum, 14.57 g/t palladium, 9.39 g/t gold and 8.7 g/t silver

- Hole NOT-07-07 that undercut hole NOT-07-05 intersected the sulphide zone at 73 meters core length and remained in sulphide bearing peridotite until 124 core length, and was terminated at 149 meters;

- Drilling continues to explore new discovery, Hole NOT-07-08 designed to undercut hole 7 underway;

- Detailed ground geophysical program continues;

- Acquisition of additional claims surrounding the discovery area continues around the "Ring of Fire".

Hole NOT-04-05, observed to be the most significant hole to date, was positioned 50 meters to the northeast of Holes NOT-07-01 and 02 (assays previously reported see press release dated September 25, 2007) and was drilled vertically at the peak of a magnetic anomaly to ascertain the magnetic body's more precise location. Nickel and copper bearing sulphides were encountered in a peridotite between 7 meters and 47.4 meters. Between 47.4 and 112.6 meters, massive chalcopyrite, pyrrhotite and pentlandite was observed, a short section between 112.6 and 115.6 meters downhole received exceptionally high values for contained metal. This section is described as a brecciated zone consisting of peridotite within massive sulphides. The high grade section was followed by peridotite with interstitial chalcopyrite, pyrrhotite and pentlandite to the end of the sulphide zone at 127.4 meters. The hole then entered granodiorite until the end of the hole at 143.4 meters. Assay results from this hole are summarized in the following table:




--------------------------------------------------------------------------- from to int. Cu Ni Pt Pd Au AgHole (m) (m) (m) (%) (%) (g/t) (g/t) (g/t) (g/t)---------------------------------------------------------------------------
---------------------------------------------------------------------------NOT-07- 05 7.0 124.4 117.4 2.2 4.1 2.09 7.13 0.42 6.3---------------------------------------------------------------------------including 47.4 115.6 68.2 3.1 5.9 2.87 9.78 0.61 8.5---------------------------------------------------------------------------including 112.6 115.6 3.0 10.9 8.65 40.79 14.57 9.39 8.7---------------------------------------------------------------------------



Hole NOT-07-07 has recently been completed. This hole is positioned at the same collar location as holes NOT-07-01 and 02 (a few meters away to allow for drill setup), however the azimuth was set at due east, to undercut Hole NOT-07-05 from the west. The initial dip of this hole was set at -45 degrees. The hole entered the peridotite bearing sulphide unit at 73 meters core length and remained in sulphides until 124 meter core length for a drill intercept for 51 meters. Chalcopyrite, pentlandite and pyrrhotite enriched sections have been reported in this drill hole. The latter sulphide intersection is believed to approximate true width.

The aforementioned assay and sample information, as well as geological descriptions are taken from drill logs as prepared by site geologists for the drill program, Dr. Howard Lahti, P.Geo., of Fredericton, New Brunswick and Mike Kilbourne. Billiken Management Services Inc. is providing all services on site for the Noront Double Eagle Project, from their base camp at McFaulds Lake.

[Kritafo]

NOT ... some people were still showing premarket big/ask, they were in the 3.50 range mine account showed halted from the point of the news release.

UC..we dumped a bunch yesterday at a loss to play VMS which was on fire yesterday,

HLO anyone following them?

I love my penny stocks, they are way more entertaining than the big boys.

[Kritafo]

NOT is trading....4.70 right now.

[Canmorite]

Awesome article from Trader Daily.


The Credit Crisis, According To Chuck Norris
The tears of Chuck Norris would supply enough liquidity to solve the credit crisis. Too bad he never cries. (If you read only one thing today, pick this. So excellent.)

Morning Call: September 27

A famous series of jokes uses the actor Chuck Norris, martial artist and star of "Walker, Texas Ranger," as a paragon of masculinity and omnipotence. "Guns don't kill people, Chuck Norris kills people," goes one. "Chuck Norris doesn't get wet, water gets Chuck Norris," goes another.

Similar thinking can be applied to the current state of financial markets. Here, then, is the world of money recast in Chuck Norris terms.

Chuck Norris doesn't target inflation. He roundhouse-kicks it until it begs for mercy.

The Chuck Norris dollar buys 3 Canadian dollars, and trades at parity with the euro.

Chuck Norris doesn't supply collateral, only collateral damage.

When the yield on a Chuck Norris bond goes up, the price also rises.

Chuck Norris trades on fear and greed simultaneously.

Alan Greenspan calls Chuck Norris "The Maestro."

Chuck Norris has already banked his dividend payment from Northern Rock Plc.

Chuck Norris funds at Libor flat.

Chuck Norris Asset Management made 50 percent on its subprime mortgage-backed bond fund last month.

Chuck Norris doesn't borrow at the Fed's discount window. Chuck Norris LENDS at the Fed's discount window.

Chuck Norris's curves never invert.

Net income at Goldman Sachs Group Inc. rose 79 percent in the third quarter; profit at Chuck Norris Securities Inc. climbed 80 percent.

There is no market regulator. Just a list of securities Chuck Norris allows to be traded.

Chuck's iPhone never needs recharging.

Chuck Norris doesn't buy gold to hedge against inflation. Gold buys Chuck Norris to hedge against inflation.

Chuck Norris charges the Bank of England a penalty rate for borrowing. And guarantees its deposits.

Chuck Norris is the pilot Ben Bernanke calls when he wants to shower the economy with dollar bills. Sometimes, Chuck refuses to fly.

Chuck Norris gets ALL of his funding from the asset-backed commercial paper market.

Chuck Norris doesn't mark-to-market. The market marks to Chuck Norris.

When the U.S. economy sneezes, the world catches a cold. When Chuck Norris sneezes, the U.S. economy catches pneumonia.

When Chuck Norris makes you a price, it isn't an offer; it's an obligation to buy.

Chuck Norris isn't a market maker; he IS the market.

Chuck Norris can still get a 125 percent mortgage on a $2 million condo without providing proof of earnings.

Chuck Norris subprime collateralized debt obligations still trade at 100 percent of face value.

Chuck completed Halo 3 on his Microsoft Corp. Xbox 360 on the day before the computer game went on sale.

Chuck Norris has a trade surplus with China.


:rofl:

[Mckenzie]

^hahaha :rofl:

nice chuck find

[7thgenvic]

NOT has at 3.88 :rolleyes: still not a bad buy. VMS SHOOTTTTTT i was looking at that the other day :(

[7thgenvic]

I still feel like FOX is undervalued. They took a bad turn from my initial investment at .90. But I still have a fantastic feeling that i may re-buy.

MOL has had good potential as a climber in the last 6 months.

[liquid1010]

Other than VMS, what is everyone trading.

Today I made some moves on GCE, and was watching ORV from the outside. I might look at ORV again tommorow morning.

[Canmorite]

Closed half my position on ASTI. Wicked move. I was up a good amount on my FSLR calls then it reversed today leaving me with a 0.10 loss per contract. Bla.

Options:
Still holding calls on NYX, VMR, AAPL, GIVN, QQQQ and CRPT.
Puts on SUN, PLCM, BGP.

Shares:
Sold most of my CBAK, great 3 day trade. Still holding CSUN, CDS and some ASTI.

[broken_legs]

im holding two gold juniors in my rsp

TLG-x and CGC-t

Give it another year i told myself last year

I think I have an emotional attachment to these

cgc i s producing 40,000 oz/yr right now but the stock price hasnt done sweet F/A, i think the market is waiting to steal my retirement fund


tlg is kind of interesting but at the same time they arent making shit happen, but im down a few percent and I cant sell just yet


I like the outlook for gold, so im just going to let it ride for a few

[liquid1010]

I should have jumped into ORV last night :banghead: :banghead:

[ShOwOfF]

I've been daytrading BMK for the past week. It's a dream, its been having a 15- 20% spread each day!

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[ShOwOfF]

Yeah Friday was pretty slim, but I was golfing during the day so i'm kinda glad I didn't miss out on anything. I think it will be a good long term hold after some news is released, but for now, the speculation is helping me make $500-$1000 a day.

GLTA next week.

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[Kritafo]

what are you thoughts on KXL:TSX-V

It's halted right now, has been since Friday I believe

[7thgenvic]

VMS is killing it today....im wondering when to pull the plug

[7thgenvic]

tsx: FOX on the rise :)

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[7thgenvic]

Originally posted by Rat Fink


if the news is good, watch how quickly it crosses $1.00

if the news is amazing, watch how quick it crosses $2.00

on the other hand, if the news blows chunks, don't get trampled for the door.

20 million O/S less than NOT

good luck.

im keeping my fingers crossed, i just rebought today hoping that it'll pay my tuition.

[Rat Fink]

Originally posted by 7thgenvic


im keeping my fingers crossed, i just rebought today hoping that it'll pay my tuition.

good luck!

[Kritafo]

kxl is up 47% since the news release! I dumped some other stocks to get in...yeehaw!

now..when to dump.

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[benyl]

hmm, said I wouldn't chase, but I bought some VMS today.

[RX_EVOLV]

haha yeh I thought I would chase VMS too, sold a portion when it went up 60% couple days ago.. but cant help to buy into the hype such high volume and closing at almost day high....just bought some before the market closes. Apparently they are having a meeting with HBM tmr?? I guess we will find out within 48 hours whether it is going to the moon or ..... yikes

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[benyl]

HBM is in the $20 range. That would be nice... haha

[Canmorite]

Originally posted by Canmorite
I was up a good amount on my FSLR calls then it reversed today leaving me with a 0.10 loss per contract. Bla.


:banghead:

[7thgenvic]

im sitting on VMS till probably thursday..or earlier...im getting scared at the moment...i think i missed the opportunity 2 weeks ago.

[RX_EVOLV]

i'm actually a little worried about tmr... according to bullboard.. which may be true or not. .. 10 mill shares will be free-trading tmr!! I hope the meeting w/ HBM is good..... haha we will see.. we will see. gotta wake up niceee and early tmr morning

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[RX_EVOLV]

not so worry now haha Halted!!:eek: :eek: I hope it open > $1.00 haha, not too greedy :P

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[benyl]

damn, I should have bought more yesterday.

[Kritafo]

I just hope we don't have to wait forever for VMS news.

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[benyl]

So why would they halt it now?

[ShOwOfF]

To avoid any leaks before they can get the NR out. It better be phenomenal news if they are halting it two trading days away. If not, you could see a pullback.

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[benyl]

haha, mine is $0.72

Wish I would have bought it when it was first mentioned... then I would have 50,000 shares too. haha

[RX_EVOLV]

if its a buy out from HBM :drool: :drool:

Time to stop dreaming.. can't wait!

[ShOwOfF]

Originally posted by Rat Fink


Well, take this for what it's worth, but I talked to a lady on the phone when I called and I asked if the news was good, and she giggled a bit and said she can't release any info. Whether or not I'm reading too far into that, I guess we'll just wait and see. Said management is coming back to the office tomorrow so news will be out whenever they get back and prepare it. She said it looks like either tomorrow or Thursday. She said the rest of the IR department is out until tomorrow too.

We'll see how it pans out. I'm not worried, but my avg is .43/share

.43?? That's some pretty nice cake over the past couple of days! Do you have a sell on stop order?

[SHO]

KXL is moving. I just bought in at 1.29 already gone up to 1.32. I think that this may be a very big find looking at the company news they have dicovered allot of gold in every core sample.

"Mr. Bill Chornobay, President of Kodiak comments: "New gold discoveries of this magnitude are extremely rare. In spite of the tremendous amount of work done this summer, we have barely scratched the surface. We may only be seeing the tip of the iceberg. The Beardmore-Geraldton gold camp has already produced an estimated 4.1 million ounces of gold, is highly prospective and has seen very little exploration over the past several decades. These are very early days, yet we are seeing high-grade gold in almost every structure we uncover. The frequency with which we get samples containing high gold grade from grabs, channels and drill core bodes well for this project."

[liquid1010]

Anybody else been watching PLMA. I've been watching this from the outside for a few months. A properly placed trade over the past two days would have made over 100%.

Also, this breakout & accumulation swing in GCE should continue. It tested lower limits again today, and barring anything unforseen at the end of the day.... should pop substantially within the week.

[Canmorite]

Anyone look at BIDU today? +37.75 +13.25% :eek:

AAPL, GOOG, and VMW still chugging along.

[roopi]

Originally posted by Rat Fink


Well, take this for what it's worth, but I talked to a lady on the phone when I called and I asked if the news was good, and she giggled a bit and said she can't release any info. Whether or not I'm reading too far into that, I guess we'll just wait and see. Said management is coming back to the office tomorrow so news will be out whenever they get back and prepare it. She said it looks like either tomorrow or Thursday. She said the rest of the IR department is out until tomorrow too.

We'll see how it pans out. I'm not worried, but my avg is .43/share



Originally posted by benyl
haha, mine is $0.72

Wish I would have bought it when it was first mentioned... then I would have 50,000 shares too. haha

You guys did/would buy $20,000 + of a penny stock? :dunno:

[Kritafo]

I have dropped so much money penny stocks, if you pick one and buy plenty when they are on the up, the percentages change so quickly. I have tripled and quadrupled my money on many occasions playing penny stocks.

[benyl]

That is why the Venture exchange has the nickname "Vegas"

[Rat Fink]

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[bigbadboss101]

You should be at a tropical place, trade during hours, and play after :-).

[digi355]

Originally posted by Rat Fink


all day long :thumbsup:

As long as you keep yourself mentally in check and disciplined you can pull in higher percentages than any bank or broker could ever get for you.

Sometimes with these penny stocks you trade against yourself more than anything. Keeping your wits about you and sticking to your strategy is one of the most crucial things IMO. Treat every stock like a dirty hooker you'll kick to the curb in a heartbeat and you are less likely to get burnt.

I am almost at a 1300% increase in my account this year. I'd like to see a bank pull that one out of their hat.

Interesting, so do you put any thought into the companies you're buying or do you just chase volumes and quick swings?

[Rat Fink]

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[ShOwOfF]

anybody have access to L2 quotes...I'm away from my computer...i need one for BMK.V

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[ShOwOfF]

Cool, thanks! Sucks that theres still a long way til it's north of $0.30 though.

[Canmorite]

EFUT FTMFW :thumbsup:

[Sailz]

Originally posted by Canmorite
EFUT FTMFW :thumbsup:

Were you holding that prior to todays jump, or bought today hoping for it to continue this trend? Whats your prediction?