Official Short-term Investments Thread

[Rat Fink]

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[Rat Fink]

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[ramminghard]

There was an article in the Globe and Mail today about Birchcliff Enery. Seymour Schulich has predicted it could hit $50 in the coming years. Possibly a good long term play.

[natejj]

Ratfink, I'm currently buying a house... If you could send CMX back up past .22 I would really appreciate it. :thumbsup:

[Mckenzie]

I think CMX is just idling waiting for a run on the next drill results. I think GRW was around the same price a couple weeks ago and look at it now. Would not be a bad time to accumulate while it is down, IMO.

[Rat Fink]

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[max_boost]

I haven't followed this thread since my portfolio tanked with the August meltdown. But I'm back!!! LOL

OK so what is up with Gold? Is it going to retract a bit or keep shooting higher? I've read the long term outlook for gold is going break $1000 easily and possibly end up anywhere in the $2000-$3000 range beating the old high set back in 1980 (inflation adjusted).

How do you buy gold? Can you buy into an index fund linked directly to its price? Or do you buy it through mutual funds like Precious Metals or in specific companies?

[KappaSigma]

I would not be surprised to see GRW hit 40-45 cents tomorrow.

[RX_EVOLV]

Originally posted by max_boost

How do you buy gold? Can you buy into an index fund linked directly to its price? Or do you buy it through mutual funds like Precious Metals or in specific companies?

or you can just walk into a jewelry store and buy solid gold bar. at least i know you can in HK, not sure about stores in calgary

[RX_EVOLV]

Originally posted by KappaSigma
I would not be surprised to see GRW hit 40-45 cents tomorrow.

40-50 cents seems a bit much.. but would be nice.. maybe by Friday's close.

Rumor has it assay could be coming out as early as next mon..!?

[AndrewMZ3]

Originally posted by max_boost

How do you buy gold? Can you buy into an index fund linked directly to its price? Or do you buy it through mutual funds like Precious Metals or in specific companies?


You'd trade gold futures

[Rat Fink]

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[Rat Fink]

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[CaptainReboot]

GRW looking strong again! .36

[Rat Fink]

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[Rat Fink]

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[CaptainReboot]

Originally posted by Rat Fink
I bought 234,000 CMX today, to bring my total to 345,500

I bought the wall at .165 in one shot. HAHAHA.


....MUAHAHAHAHA....

Good move, it got to .195

[Rat Fink]

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[CaptainReboot]

Originally posted by Rat Fink
It's official....Rat fink is now back over 75K

I'm at the level now, that I was at when CMX was at .35 pre-news.

Hopefully I can be 6 figures once and for all dammit!

Haha...good luck! Did you get back into GRW or are you out for now?

[Canmorite]

Originally posted by Rat Fink


made 9K off GXL in total. Not bad. :thumbsup:

Jeebus :nut:

[SilverGS]

Heh heh maybe we should make Rat Fink the beyond fund manager. Gl to 6 figures

[Rat Fink]

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[ballah]

i just got a td waterhouse account. what is the minimum number of shares i can purchase??

i know that there is a minimum charge for selling (under 2000 bux is $43.00).

i m only lookin into buying penny stocks though.

your guys info is great.

[Rat Fink]

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[Rat Fink]

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[CaptainReboot]

Originally posted by ballah
i just got a td waterhouse account. what is the minimum number of shares i can purchase??

i know that there is a minimum charge for selling (under 2000 bux is $43.00).

i m only lookin into buying penny stocks though.

your guys info is great.

TD Water House can get expensive for penny stocks, from personal experience. The comissions are just too high. Use something like TradeFreedom, Questrade, ETrade, etc. The exception is if you make minimum trade requirements or have a certain value for assets, then TD can be a lot cheaper (I think it's like 9.95 or something maybe at that point). But when you're starting out, it's hard to be flipping stocks everyday or several times a day.

For penny stocks, I would recommend at least 5000 share trades to make it worth while.

For instance, let's say you buy 5000 of ABC for .10 and then sell for .12, just a 2 cent gain.

5000 X .12 = 600 Buy
5000 X .10 = 500 Sell

So that's $100 bucks profit before any comissions, after just 2 cents.

With a bank brokerage, if you're paying $29 a trade or so, it would cost you $58 to buy and sell, so $100 - $58 = $42 profit

For me, I use Trade Freedom, which is $9.95 a trade, plus exchange fees which is like (0.0004 per share on the Venture, so it would be $2 for 5000 shares). So it would be $100 - $23.90 = $76.10 profit.

This is how I play most of my stocks. Start off small. If you make $76.10 just once a week for a month, it adds up. Then just reinvest what you make and increase the number of shares you purchase per trade.

You definately want a lower comission fee especailly if you plan on just making small gains.

[CaptainReboot]

Originally posted by Rat Fink
Tapped out on CMX now.

391,500 shares. HAHAHA.

Pulled my 270K wall at .195 now that I got my fill. Hope we can see .20+ today. :angel:

Already a new day high at .21

[Rat Fink]

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[Z_Fan]

Fuck, I sold mine at $.19 thinking it would just be a day fad and drop back to the normal $.16.

Piss me off.

[broken_legs]

CMX hit 0.22 on my screen

Congrats Rat Fink!

[AndrewMZ3]

If you're going to be making lots of trades, TD's not too bad. I'm at 9.99 a trade right now. If you want a nice platform though, tradefreedom might be the way to go.

CMX @ .23!

Congrats Rat Fink!

[AndrewMZ3]

.235


anyone have an L2?

[Mckenzie]

Market-By-Price Market-By-Order Market-By-Broker

Market-By-Price REALTIME
Time # Size Bid
12:42 6 179500 0.23
12:41 8 238000 0.225
12:42 7 181000 0.22
12:31 8 111000 0.215
12:40 7 287000 0.21
12:21 6 115000 0.205
12:33 5 166000 0.20
12:41 5 175000 0.195
12:41 7 76000 0.19
12:31 5 82500 0.185
12:33 8 150000 0.18
12:33 6 183000 0.175
12:39 8 187000 0.17
11:30 6 207000 0.165
12:34 9 292000 0.16
11:31 5 114000 0.155
11:17 8 140000 0.15
11:19 3 104000 0.145
11:20 4 164000 0.14
01/08 3 100000 0.135
01/03 1 8000 0.13
01/09 2 70000 0.125
01/04 3 107000 0.12
07:07 2 30000 0.11
10:56 3 115000 0.10
01/07 2 155000 0.095
12/18 1 100000 0.09
12/12 1 25000 0.08
12/17 1 25000 0.07
12/28 1 40000 0.06


Ask Size # Time
0.235 60000 2 12:43
0.24 220000 9 12:42
0.245 213000 12 12:43
0.25 243500 16 12:43
0.255 50500 3 12:41
0.26 212000 9 12:41
0.27 134500 7 12:42
0.275 35000 2 12/24
0.28 410000 3 12:42
0.285 200000 2 12:37
0.29 116500 5 12:37
0.295 25000 2 01/07
0.30 152000 8 12:06
0.305 49500 1 12/18
0.31 30000 1 12/21
0.315 10000 1 12/20
0.32 314000 3 01/04
0.325 13000 1 01/08
0.34 15000 1 01/04
0.35 141500 8 12:33
0.355 4000 1 01/08
0.36 54500 3 01/08
0.37 10000 3 12:38
0.39 44500 3 12/18
0.395 23000 3 12:39
0.40 41500 6 12:12
0.405 4000 1 01/09
0.44 30000 1 12/12
0.445 14000 2 12/20
0.45 37500 4 12:11

[Mckenzie]

Damn me- I wanted to add another 30k this morning to CMX....I hate chasing.:banghead:

[Rat Fink]

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[AndrewMZ3]

Originally posted by Rat Fink


damn, if I knew that I would've waited a couple minutes before I bought the wall.

You gotta let us know before you're about to do something like that lol.

[liquid1010]

and let us know if you're going to dump.... :D

[Mckenzie]

Originally posted by Rat Fink


damn, if I knew that I would've waited a couple minutes before I bought the wall.

:banghead: :angel:

Darn- when I got to work I was like fugggggg...haha

Cmon everyone, we need to collude more often here to make some money back.

[Rat Fink]

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[AndrewMZ3]

.24! and it looks like that's gonna be taken out too!!

but I totally agree on this collusion idea. Really.. if it works with online poker, it's gotta work with the market.

But seriously, between all of us here, we've gotta have a pretty nice bankroll to make some major swings on some of these microcaps...

[liquid1010]

LOL - slightly illegal idea! I'm not down with collusion... but a little info sharing is a good thing ;)

[Mckenzie]

Originally posted by AndrewMZ3
.24! and it looks like that's gonna be taken out too!!

but I totally agree on this collusion idea. Really.. if it works with online poker, it's gotta work with the market.

But seriously, between all of us here, we've gotta have a pretty nice bankroll to make some major swings on some of these microcaps...

haha in a perfect world I'm sure it would be nice but in reality, we would all be sent to jail or be given huge fines.

Info sharing on the other hand is fine by me.:angel:

[AndrewMZ3]

We wouldn't be manipulating prices or trading back and forth to make fake volume. We'd be timing our trade together though.. it wouldn't really be much different than an institutional investor that buys large orders

[liquid1010]

Originally posted by AndrewMZ3
We wouldn't be manipulating prices or trading back and forth to make fake volume. We'd be timing our trade together though.. it wouldn't really be much different than an institutional investor that buys large orders

This is still considered market manipulation. By putting all our info/purchases/etc in together, we are manipulating the way the stock will move. With that said, i'm sure tons of people do it..... I'm not one of them however.

Sharing info though is fine by me ;)

[Rat Fink]

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[Z_Fan]

I sold 80000 shares at .19 and feel pretty stupid for having done so. Fuck. $4k in lost coin.

[icecreamvan]

Originally posted by Rat Fink
Then, with our proceeds, we could make a killing off the amateur porn industry.

Get random chicks to give it to each other. Every girl has a price.

realitykings? :D

[Rat Fink]

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[SilverGS]

Wow this is what happens when I go to a meeting. Hmmm will have to watch the rest of the day and see how this will move

[Rat Fink]

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[SilverGS]

Originally posted by Rat Fink


I might've bought your shares. haha. I went berserk buying and selling around there for a little while.

I have to tally up the total volume of shares I traded today back and forth, but I'm guessing 600-700K :O

Even so volume is huge at 11million. Other people are in on this. Is this because GCN had good news?

[Rat Fink]

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[CaptainReboot]

My BlackBerry kept going off in my meetings from all the emails I get from this thread. I was hoping for good news when I went back to my desk.

How long are you guys going to hold for?

[93mr2gt]

anyone know what will happen to ptu in the near future?..

[SilverGS]

10 Holes all at once. Hmmm that would be interesting.

Definitely lots of speculation here. Will have to watch closely

[icecreamvan]

Originally posted by Rat Fink


I was thinking...

BEYOND BUS!!!! :rofl:

Is that even legal here?

[Mckenzie]

I sold out at 23.5.

Apparently the assays are not even back yet so I think there might be a dip to grab another position on.

(Especially if Rat Fink Sells his 400k shares :D)

[Jro]

Originally posted by Rat Fink


I might've bought your shares. haha. I went berserk buying and selling around there for a little while.

I have to tally up the total volume of shares I traded today back and forth, but I'm guessing 600-700K :O

Hello All,

I just started trading this year, so I'm still fairly new to stock trading. I have an RBC Direct account, and just finally got my E*TRADE account setup for lower fees, hopefully my funds will be there tomorrow.

However, on Monday I bought 6500 shares of GRW.V at 0.27. There currently at 0.37, do you think it will go past .45 - .50?
When should I sell?

Jason

[Mckenzie]

^ Well there are a couple schools of thought out there:

1- You never go broke taking profit
2- Pigs get slaughtered
3- Dont leave money on the table


In your situation, I think you have hit a pretty solid profit. 37% is a great return. Of course it may go to .50, but it may also go to .20.

I would personally probably sell- its a nice gain. You may want to sell half and let the rest ride it out. Its all about your investing strategy and style.

[Jro]

Originally posted by Mckenzie
^ Well there are a couple schools of thought out there:

1- You never go broke taking profit
2- Pigs get slaughtered
3- Dont leave money on the table


In your situation, I think you have hit a pretty solid profit. 37% is a great return. Of course it may go to .50, but it may also go to .20.

I would personally probably sell- its a nice gain. You may want to sell half and let the rest ride it out. Its all about your investing strategy and style.

Thanks Mckenzie for the input, much appreciated.

I think... I'll see what happens on Friday, and then sell.

[Rat Fink]

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[Jro]

Originally posted by Rat Fink
I just sold some shares.

2,500 to put my cash balance back into the positive. My last order put me slightly into negative cash. :D

Still holding 389,000

....you guys wanted me to let you know. haha

Rat,

Which online broker do you use?

[Rat Fink]

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[AndrewMZ3]

Has anyone had any experience with interactivebrokers?

[Rat Fink]

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[AndrewMZ3]

it closed at .26! Aren't you there?

[Rat Fink]

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[broken_legs]

good day to be in CMX


:bigpimp:



any ideas/theories on tomorrows action?

I think its going to fly again judging by the end of day buying action

[Canmorite]

What a move on CMX with no news. Was it halted at all today?

[Rat Fink]

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[Canmorite]

Your broker must love you haha.

[Rat Fink]

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[Jro]

Originally posted by Rat Fink


I'm glad I have $7 trades. Every time I make an order it shows me what my commision would have been if I didn't have the $7 trades.......just friggin' scary. I would've paid thousands today.

How many trades did you make today?

[Canmorite]

Originally posted by Rat Fink


I'm glad I have $7 trades. Every time I make an order it shows me what my commision would have been if I didn't have the $7 trades.......just friggin' scary. I would've paid thousands today.

Thats much better then a per share basis. I couldn't imagine paying that :nut:

[93mr2gt]

gxl.v .... still a good buy?

[natejj]

Originally posted by Rat Fink


OMG!! HOW DID THAT HAPPEN!?? I closed my platform early.

YES!! 6 figures!! WOOT WOOT!

:drool:

I'm glad you heeded my request, and sent it past .22!

[bigbadboss101]

I was very surprised to see CMX at .26. Very nice, although I did sell some thinking I could buy back lower.

Now I have some $. Buy GRW? Thinking better bet there than the risen CMX.

What do u think?

[Rat Fink]

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[KappaSigma]

APV with some very very good news. Large longterm contract.

[bigbadboss101]

Yeah I got some at $2.40 ish and though darn .40 down. Then I checked after work and found the news. Good for sure. You buying more?

[KappaSigma]

Originally posted by bigbadboss101
Yeah I got some at $2.40 ish and though darn .40 down. Then I checked after work and found the news. Good for sure. You buying more?

I am most likely going to buy 3500 shares when the market opens.

[bigbadboss101]

If GRW, CMX, and APV all have significate movement upward in the next couple weeks I would be smiling. Long term APV should be good. Short term all of these might swing.

[KappaSigma]

Originally posted by bigbadboss101
If GRW, CMX, and APV all have significate movement upward in the next couple weeks I would be smiling. Long term APV should be good. Short term all of these might swing.

CMX should go up tomorrow again and people dont want to be left out come Monday incase of news release or halt.

APV...contract should be huge. 500+ million contracts jsut arent handed out to ANYONE.

[Z_Fan]

Market opened high on APV and dropped almost back to where it was. Seems to be hovering now though in the $2.15 area. Did you buy it at open at $2.40?

Rat, did you sell your CMX?

[Rat Fink]

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[CaptainReboot]

AMS up 108% today.

[bigbadboss101]

CMX GRW pulling back a bit... hmm...

[Z_Fan]

All just scams. :rolleyes:

[Rat Fink]

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[troyl]

Originally posted by 93mr2gt
anyone know what will happen to ptu in the near future?..

I am still holding. I think that if you can get shares below .40 you are okay again IMO. You should see the depth for it only about 36,000 shares on the ask from .415-.47

[AndrewMZ3]

What do you all think about AMS?

[Jro]

Originally posted by Rat Fink
GRW was staying inflated because of the BTC halt (they are neighbors), now that it has resumed, and the news wasn't earth shattering (and didn't have anything to do with GRW), GRW has deflated a bit.

Yah, I sold my 6500 shares at .35 this morning.

[troyl]

Hey guys just wanted to give you a heads up on PLY.V looks like a bottom was found yesterday at .53. Raymond James has been selling hard all week, but none today that i have seen. Hope they are done dumping. Does anyone know where i can find house positions?

I think a few nr's are coming down the pipe aswell.

[Canmorite]

Some inspiration :burnout: (stolen from another board)


Quote from KeithOmalley:

ok wow, i had almost 400,000 shares of cfc today on the bloomberg news. I think this may be a record almost $800,000. my p/l is the top number, my buying power is below.

http://img175.imageshack.us/img175/5210/800kinadayxx6.jpg

[troyl]

In some SGX @.52 see what happens to it while KXL is halted.

[Rat Fink]

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[Jro]

Originally posted by Rat Fink
I got stopped out of APV.

Canmorite, that pic is sweet. One day....One day.

Rat,

What do you think you will be buying on Monday?

[Canmorite]

Originally posted by Rat Fink

Canmorite, that pic is sweet.

Isn't it? I mean, damn...that's unbelievable! More luck then skill, because he didn't know the news was coming out, but still...

Could you imagine if he was short? :nut:

[Rat Fink]

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[broken_legs]

alberta_canada_1 anyone?;)