Official Short-term Investments Thread

[Schwa]

Hesitation = ownage. buying in at .80 looks real nice right now

[benyl]

Originally posted by Schwa
Hesitation = ownage. buying in at .80 looks real nice right now

Buying at the top = bag holding = ownage.

[Schwa]

lol I'm defintiely not buying now, but woulda been nice to make 30% today

[Rat Fink]

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[Rat Fink]

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[benyl]

BMK has already pulled back. 0.80 right now. Very happy I didn't buy!

[Sailz]

Where does everyone see VMS going from here?

[Rat Fink]

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[RX_EVOLV]

Originally posted by Sailz
Where does everyone see VMS going from here?

I can't see it being under $2.00 by the time they finish drilling and ppl wait for the results... but thats definitly not happening until Nov... I think we will see a little pull back before then. just IMO.. i was wrong 2 days ago haha

[liquid1010]

Originally posted by Rat Fink

Also back in RSG with 100,000 shares so far with pending news on the 2 core samples with visible gold any day.

what are you in at? .27?

[Rat Fink]

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[liquid1010]

I've never been a huge "trader", more of a value holder... but just flipped rsg for a quick profit. Only held it for a matter of an hour... and couldn't help myself.

Have another buy order in right now.

[7thgenvic]

sketty pulls this week for myself

[Rat Fink]

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[liquid1010]

Back into rsg. Order was filled..... and ask volume is huge.

[91_Integz]

I know SWVC has been quiet for a while, but if you know anything about technical analysis, this chart is UNREAL. Plus with pending news, this thing will take off anytime now

[bigbadboss101]

I dont know how to read charts or L2. Someone can educate me may be. I have SWVC. Hope Tom has some good news and plans ahead.

[91_Integz]

^^ what are you in at? Just hit 4 cents, up 24% today already - once this 8k comes out, and an update that cornell is out of the picture, this thing will make us so much money. Hang tight!

[bigbadboss101]

I have 350,000 shares. Sold some when it got to 0.08 and made some $ but bought some at quite high so my average is about 0.04.

[Rat Fink]

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[benyl]

I am putting an order in for RSG.

[91_Integz]

Originally posted by bigbadboss101
I dont know how to read charts or L2. Someone can educate me may be. I have SWVC. Hope Tom has some good news and plans ahead.

http://investopedia.com/university/technical/

This is a really good site to give you some basics on chart reading and the different technical indicators

[troyl]

UEX- Hit second best hole to date. Sweet :)

[Rat Fink]

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[benyl]

found this on HSM.

BMK surrounds NOT on the left.

http://i176.photobucket.com/albums/w196/plecotus/JamesBay.jpg

[benyl]

KWG is in the same areas. It just spiked in the last couple of days. Relatively cheap compared to all others. Any insights? Seems like they don't have a 100% stake to their claims... maybe only 33%?

[Rat Fink]

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[benyl]

Marketwire

Pacific Comox Resources Ltd.

October 18, 2007 - 11:12:28 AM

1.9% Copper and 0.33% Molybdenum or 6.5 lbs/ton Molybdenum Reported in Hole
99F Over 12 Meter Interval


TORONTO, ONTARIO--(Marketwire - Oct. 18, 2007) - Pacific Comox Resources Ltd.
(TSX VENTURE:PCM) reports the assays for an additional 3 diamond drill holes
testing the area of the former producing underground copper mine (the South
Zone) at its Ryan Lake copper/molybdenum property at Matachewan, Ontario.
Drilling is continuing and assays will be reported when received for the
additional holes.

Hole 99F reported two mineralized intervals in the assays received to-date.
Interval of 12 meters grading 1.4% copper and 0.051% molybdenum starting at 18
meters, followed by an interval of 12 meters grading 1.9% copper and 0.33%
molybdenum (6.5 lbs/ton molybdenum) from 39 meters. The second interval also
reported a gold grade of 0.55 g/tonne and 25 g/tonne silver.

Hole 91 reported an interval of 9 meters grading 1.2% copper and 0.027 %
molybdenum from 30 meters within a longer mineralized interval of 115 meters
starting at 13 meters grading 0.24% copper and 0.009% molybdenum.

The assay results for the 3 holes reported are summarized in Table 1. For hole
C99F assays for the interval 52 meters to the end of the hole have not been
received. All the holes also reported gold and silver values.

In the current program on the South Zone additional holes have been drilled
both north and south of the completed holes on many of the sections to extend
the 700 foot North-South dimension of the drill tested areas. The South Zone
has now been tested over 800 feet on an East-West dimension.

The current program also tested the indicated mineralized zones to deeper
levels than the previous programs. The mill which is currently processing
barite is expected to be a major asset going forward to facilitate the
resumption of copper/molybdenum production on the property.

Robert Hill P. Eng. serves as the qualified person (QP) for the sampling and
exploration program under the definitions of National Instrument 43-101,
reviewed this release and supervised the drilling program. The geologists on
this program were Dan Crossley P. Eng. and Robert Van Ingen P. Eng.. The split
NQ core samples were assayed at Swastika Laboratories Ltd. Swastika Ontario,
an accredited laboratory.

Donald Empey, President

View the Company web site at www.pacificcomox.com or the Company filings on
SEDAR at www.sedar.com.

To view the Table 1: Diamond Drill Assays From Ryan Lake Property, please
visit the following link: http://www.ccnmatthews.com/docs/pcmtable1.pdf

To view the Ryan Lake Cu-Mo Claims Drill Plan, please visit the following
link: http://www.ccnmatthews.com/docs/pcmdrillplan.pdf


FOR FURTHER INFORMATION PLEASE CONTACT:

Pacific Comox Resources Ltd. Donald Empey (416) 977-4653 (416) 977-8335
(FAX) Email: [email protected] Website: www.pacificcomox.com

The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.

[KappaSigma]

Question: Who do you guys use to tarde with? Lookign at minimizing transaction fees, etc.

[RX_EVOLV]

Originally posted by Rat Fink
Seems like the heat is coming off of BMK/NOT/area plays, and VMS/SAZ eh?

hopefully they might finally drop to a less scary entry point. any thoughts?

....of course any extra hype thrown in the fire will blow that theory completely out of the water again....


definitly looks like BMK and NOT is finally cooling down... I personally think NOT has hit the top... BMK might spike a little bit but there could be a massive sell off when the much antipated news come out... and when thats over VMS should start to have the drill results on the 13 cores and the money from BMK/NOT might start shifting that way..... Im pretty confiden that VMS will hit $2 or $2.5 before Xmas.. Come on I need money to install my body kit :D :D

[KappaSigma]

Power E Trader any good?

[bigbadboss101]

Not bad, I sold BMK for a nice gain yesterday. Sold VMS and got back in at $1.42 today.

[benyl]

I am in RSG for 0.285

[liquid1010]

Questrade is such a pile of garbage... I've had a buy order in at .285 since 10am this morning, and they only filled a tiny amount (1000 shares) of it to date!!!!! :banghead:

The thing has been bouncing around .28 and .29 all day :dunno:

[Canmorite]

Thats a sweet map, Benyl. Any info on how it was made?

[natejj]

For those of who who didnt cash in your ROL.A when it got bought out, finally got some good news....


Action Energy Inc. (AEC - TSX Venture Exchange) Announces Exploration Results In Three New Light Oil Pool Discoveries

CALGARY, Oct. 18 /CNW/ - Action Energy Inc. ("Action") is pleased to announce the Company's exploration efforts in the Peace River Arch and Central Alberta have yielded three significant light oil pool discoveries. The Company has identified up to 11 follow-up locations on these new discoveries, a number of which could be drilled as part of the 2008 development program. These discoveries increase the total number of exploration successes in this business unit to five, including two previously announced Leduc pool discoveries in Sylvan Lake.

The 6-26-73-21W5 Gilwood oil discovery in McLeans Creek encountered approximately 35 feet of oil column having an average porosity of 12% in the pay zone. Production commenced from the well in October with an initial production rate of 200 bopd and average rates of 122 bopd. Action has identified four additional follow-up lower risk development locations to delineate the pool. Action operates the well and holds a 100% working interest in the new 350 API oil gravity discovery. Action has an extensive seismic data base and a 25 section (100% WI) land block in the McLeans Creek area.

In the same land block, Action has made another Gilwood light oil discovery. The new oil accumulation is approximately two miles northeast of the first 6-26 discovery well. The 16-36-73-21W5 well encountered a total of 30 feet of oil column having an average porosity of 12% in the pay zone. Completion operations are currently underway with production expected to commence in November. If successful, Action has identified three additional follow-up lower risk development locations to delineate this new discovery.

Action is also pleased to announce a third new pool discovery in the Sylvan Lake area of Central Alberta. The 11-24-38-4W5 Leduc light oil discovery commenced production in October at restricted rates of approximately 75 bopd. Production is currently constrained by third party facilities which are expected to be expanded and optimized as early as November 2007, at which time production rates would be expected to increase materially. The 11-24 well encountered a total of 65 feet of oil column having an average porosity of 10% in the pay zone. Action has a 100% working interest in the new 410 API oil gravity discovery before well cost and facility payout and a net 65% after payout. This Leduc pinnacle reef is the third consecutive new pool the Company has discovered in the Sylvan Lake area. 3-D seismic shows a sizeable reef complex of as many as four additional follow-up locations (65% WI). Combined with the two development locations (15% WI) associated with the 9-15 and 10-14 discoveries, the 11-24 discovery brings a total of six Leduc development locations to the Company drilling inventory.

Action is encouraged by the results of its light oil exploration efforts which further enrich its already large exploitation opportunities. In addition to the low risk infill horizontal heavy oil wells at Lloydminster and shallow gas upsides at Shackleton, this premium priced light oil drilling inventory coupled with the light oil infill locations obtained through the Rolling Thunder acquisition, further diversifies and enhances our existing drilling portfolio.

FORWARD LOOKING STATEMENTS

[benyl]

Originally posted by Canmorite
Thats a sweet map, Benyl. Any info on how it was made?

No, but I have asked.

Here is another one that comes from the NOT website:
http://www.norontresources.com/images/double_eagle_map.jpg

[Canmorite]

So the recent explosion in NOT has almost been arbitraged to the price of BMK but not 1:1.

[troyl]

Inned some AZA.v [email protected] might be worth doing some DD over.

[Canmorite]

Originally posted by troyl
Inned some AZA.v [email protected] might be worth doing some DD over.

Mmm yes. Recent IPO?

Moving way above the IPO price, bullish sign. On the watch list.

[Canmorite]

The anniversary of the 1987 'Black Monday' is today.

Dow: -190
S&P 500: -17
Nasdaq: -38
TSX: -240

[benyl]

no kidding. SPQ is the only thing on my watch list that is up.

Should have bought that yesterday!

[Rat Fink]

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[bigbadboss101]

Rat you can do this FT. Going great. Forget work when you can make 2-10x more a day :-)

[Rat Fink]

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[Rat Fink]

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[bigbadboss101]

SWVC shakeout?

[Rat Fink]

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[91_Integz]

Originally posted by bigbadboss101
SWVC shakeout?

looks like it - I've noticed it usually recovers from 1-2pm. Hopefully it'll do the same thing today.

[Rat Fink]

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[Sailz]

Whos all still holding VMS and how much and at what price?

[RX_EVOLV]

I'm still holding a core porton of VMS at avg price of $0.805

[liquid1010]

Originally posted by Rat Fink
Thinking about switching trading accounts. Anyone here use E-trade? I noticed the commissions are only 9.95/trade flat rate if you have a 50K account minimum.

Can anyone comment on the trading platform itself? Only good thing about the CIBC platform is the cheap trades...platform itself sucks wang. I've been getting really slow order executions lately that has left me missing out in a lot of potential profits.

Let me know how you make out if you switch over. Although I don't mind the questrade platform, I find their executions to be garbage... as I've mentioned before.

[Canmorite]

Originally posted by liquid1010


Let me know how you make out if you switch over. Although I don't mind the questrade platform, I find their executions to be garbage... as I've mentioned before.

Didn't I reccomend Questrade to you? Haha now I feel like a dick :nut:

What a day out there. Holy shit.

[liquid1010]

Originally posted by Canmorite

Didn't I reccomend Questrade to you? Haha now I feel like a dick :nut:


No worries.... everyone prefers something different. Are you still using it?

[Canmorite]

Originally posted by liquid1010


No worries.... everyone prefers something different. Are you still using it?

Yea, but It's getting limited now. I'm looking into Tradestation or IB. Something that has back testing and intraday charts longer then 5 days :rofl:

I also want a platform I can trade multiple instruments on instead of just Equities.

[Toma]

Originally posted by Canmorite


Didn't I reccomend Questrade to you? Haha now I feel like a dick :nut:

What a day out there. Holy shit.

My Apple and Google options are making me RICH. Google at an all time high, Apple only saw a 3% drop from its 52 week high :thumbsup:

I loved how every moron analyst was talking about 1987 etc.... dummies. For todays drop to be as bad, the dow would have had to fall 3100 points....

[Canmorite]

Originally posted by Toma


My Apple and Google options are making me RICH. Google at an all time high, Apple only saw a 3% drop from its 52 week high :thumbsup:

I loved how every moron analyst was talking about 1987 etc.... dummies. For todays drop to be as bad, the dow would have had to fall 3100 points....

330 points on the dow is significant to me. The 1987 comparision was hard not to make for the media either.

[Toma]

Originally posted by Canmorite


330 points on the dow is significant to me. The 1987 comparision was hard not to make for the media either.
Well.... hold on to your seat Monday....

Black Monday sounds familiar lol ;)

[Canmorite]

Haha, we'll see. Most of my equity positions are shorts or puts right now though.

[liquid1010]

Originally posted by Canmorite


Yea, but It's getting limited now. I'm looking into Tradestation or IB. Something that has back testing and intraday charts longer then 5 days :rofl:

I also want a platform I can trade multiple instruments on instead of just Equities.

Let me know when you find something good.

[Rat Fink]

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[Rat Fink]

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[benyl]

back to .55

SGX is bouncing like crazy!

[ricosuave]

I am looking at making a few purchases but was wondering if anyone had any experience with any brokers, or online trading places. Looking at cheapest transaction costs, etc.

Let me know, thanks.

[Rat Fink]

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[benyl]

0.465 now!

Should have bought more RSG at 0.255. shit.

[Rat Fink]

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[Rat Fink]

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[Rat Fink]

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[benyl]

RSG is at 0.29. I am liking this trend... haha

[benyl]

Here is the price for today anyway... look at that drop. Sky is falling, the sky is falling:

[Rat Fink]

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[ricosuave]

Originally posted by Rat Fink


Depends how much money you are starting with. You can start with CIBC, signing up for their edge advantage promotion where you pay 395 up front and get 50 commission free trades. (7.90/trade....no extra fees beyond that). Then after those trades are used up you pay 6.95/trade. The platform isn't the greatest, and you have to rely on other sites for your research....but the trades are cheap.

If you have over 50K to start with or make a certain amount of trades (can't remember exactly) E-trade has 9.99/trade flate rate fees. I'm currently looking into this option.

I've heard good things about tradefreedom but I think their fees are a little higher....I might be wrong.

thanks man

[Rat Fink]

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[benyl]

Wow, you are playing with some big dollars.

[Z_Fan]

I have to wait to .32 just to break even. See, I bought it on the fall from .35 the other week. But didn't wait long enough obviously.

Hopefully it goes up to .40 or something.

[Rat Fink]

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[Z_Fan]

I don't want to buy anymore.

I've got 45,000 shares of it. Not much compared to your stake in RSG.

NOW, if you can do something to make that price go WAY UP, go for it! ;)

[Rat Fink]

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[benyl]

yeah, up is better than down... haha

[Canmorite]

AAPL blew away earnings.

Estimates were 0.85 per share, the numbers came in at $1.01 per share!

http://www.stockhouse.com/news/news.asp?newsid=6168742&tick=AAPL

[Toma]

Originally posted by Canmorite
AAPL blew away earnings.

Estimates were 0.85 per share, the numbers came in at $1.01 per share!

http://www.stockhouse.com/news/news.asp?newsid=6168742&tick=AAPL
Of course they did... my $8 options (115 call Jan 08) just hit $61 :thumbsup: :thumbsup:

Gonna sell, and do something 'crazy'... dump all the cash plus another $50k into probably the Jan o8 or april 08 200 calls

[Toma]

Holy fuck.... didnt realize Apple went up another $12 after hours. If that translates into a "real" gain during normal trading tomorrow, those options could hit an easy $75+

I fucking LOVE aaple! :bigpimp:

[Pahnda]

Hello, I'm looking into getting into trading equities in the next few months and am wondering if anyone using the CIBC platform can clarify something for me.

I am considering holding off an application until january so I don't get dinged with the $60+$395 fee and trading package (Edge Advantage) now and then once again when the calendar year starts. Is this indeed how CIBC will do it if I were to register now?

A second question, not really too important, is if CIBC's online registration will go through with any problems. I'm in good shape financially but I'm doing an internship for my degree in Japan so I am a little unsure of if CIBC's online application is strictly only online. I have my license and passport so the photo ID requirement should be fine from this end. Also, I have someone in Canada with the legal power to do my banking and anything I would be able to do, so deposits into the account once it's made would not be a problem either.

Hoping I can get something set up here as I'm a night owl and would be up and about for most of the trading day in north america, haha.

Anyway, thanks for any help / advice and keep on with the good work everyone :thumbsup:

[Rat Fink]

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[Pahnda]

Oh, I see. I didn't notice the part about it being prorated, I spent a fair amount today and yesterday looking at my different options and talking to people who have experience with different companies. I decided that for penny stocks CIBC was the most competitive with smaller initial capital, even though I was a skeptic of their platform and now I know what to expect, after reading what people here have said and reviews of the platform from other sources.

I'm curious as to what sources you tend to use for market news other than scouring the typical general online-newspaper type sources. I'm talking about resource such as newratings.com, marketwire.com, and sites of that type.

Thanks a lot for your fast reply and I'll see how the application goes in the near future. :)...

[Rat Fink]

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[Rat Fink]

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[AndrewMZ3]

Anyone still in SGX? Thoughts?

[Rat Fink]

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[Rat Fink]

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[Kritafo]

we played cmx for the past few days got in in the .18 flipped at the high today .35 we held a fair chunk and made out like banshees!

[Canmorite]

RIMM and AMZN on a fucking rampage today :thumbsup:

Picked up calls on RIMM. Don't wanna hold AMZN through earnings...

[Rat Fink]

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[Canmorite]

KNP: +90% today :nut:

[benyl]

You mean 102%

Last close 0.21
Todays close 0.425

Up 0.215

[Rat Fink]

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[Canmorite]

Originally posted by benyl
You mean 102%

Last close 0.21
Todays close 0.425

Up 0.215

Yes.

[Toma]

Originally posted by Canmorite
RIMM and AMZN on a fucking rampage today :thumbsup:

Picked up calls on RIMM. Don't wanna hold AMZN through earnings...
I missed the boat on Rimm.... was gonna pick up the options of course on the rumour of the China deal.... ooops! lol