Official Short-term Investments Thread

[SilverRex]

^^^ 76 is a good price to get in, its the 38.2% retracement as well as a trendline support.

however there are still 2 other support at 72 and 68.

I would half my position here and buy the other half if it does get to 68.

however if ur aready have a position. then just wait for 68

[anothers10]

i got in at $64, i may just wait

[Mckenzie]

Hey Rat- what is your outlook on ENG?

What NR is coming down the pipe?

It looks pretty beat up here and was thinking of grabbing some.

Are you still holding PCQ as well?

[Rat Fink]

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[Mckenzie]

haha yeah the market is very impatient right now.

I will be watching ENG here and may take a small position....I think the downside is somewhat limited given the recent fall.

[Gondi Stylez]

I was in on ENG and decided to take my loss. I played to large on it :banghead: so took the 3K loss and just purchased some at 1.75. Let's see where it takes us!

[anothers10]

anyone in CQV ?

[SilverRex]

a friend has refer me to take alook at scey.ob an energy company that is pretty much at their bottom.

;)

[Z_Fan]

^ Trades on the US exchange but contact info is

Suite 700, 205 - 5th Avenue
S.W.
Calgary, AB
T2P 2V7

Where does your "friend" work?

[djayz]

Damn volumes are so low today its rediculous!!! Just shows how much of our canadian equities are traded by americans :thumbsdow

[SilverRex]

Update*

With the recent sell off in the stock market, i'm eye picking some opportunities coming up. One in particular is CAF I believe I've mention this a few times.

CAF is morgan stanley China, their stock directly reflects the china stock market notably the shanghai composite index. which is current at about 3300 points. its peak was at 6000 when it ran up from 900 to 6000 in just a few years.

I believe for a long term investment, China is where you will see some of the biggest gains for the next 5-10 years.

CAF is currently traded at 42.30 this price had closed below its .5 retracement which is at 42.50 and I believe technically it will test its last support and breakout at 40.50 making it a good place to plan your foot.

personally that is what I will be doing.

Another one is FXI ishare china which is also similar the CAF however FXI did not show as much of an opporunity as CAF FXI is a safer bet, if you want something more stable.

Anyways another one to watch is Marvel entertainment current at 32.20, hit 31.56 last week. 30 is agreat entry that is pre-Ironman breakout point and support. I only see Marvel entertainment continue to make record money with these superheroe movies. The key is they are taking in more profits to themselves then say spiderman when it had to split 50/50 with Sony.

Anyways Quiet day in the market since US is closed.

P.S

Starbucks technically is about to break out I say 17-20 short term 24 mid term. Long term well that depends on how they can pull themselves out of their slump, its time for a rebound. in the world's biggest Coffee house.

repeat- Visa support at 76.53, 72.42 and 68.3. Visa has to close above 76.53 tomorrow in order to confirm this support to hold, I think it will as there is a trendline underneath it. If it doesnt then look for opporunity in 72 and 68 to double your position. Visa will most likely be trading between 70-90 for awhile.

If it hits 90 again I would cash out for a while until it lands on one of its support again

[4DoorGTZ]

Originally posted by anothers10
anyone in CQV ?

Yep, was trying to buy more at .15 today, no dice.

[cidley69]

I'm a Noobie in this forum, but was wondering if anyone here had any good thoughts about uranium stocks?

With oil as expensive as it is, it seems like the nuclear option is going to get more and more attractive. Heck we're even getting one here in the Peace country of Alberta.

That being said the companies that mine the fuel for those things should be in higher demand, prices should go up.

Has anyone else been thinking this too, and do you have any specific companies that are worth looking into?

[max_boost]

Top 3 Uraniums, PNP, MGA and LAM.

They are Top 3 according to the Dines Letter.

[max_boost]

TLM on the rise today. Hopefully something exciting happens with this take over speculation/talk :D

[cidley69]

Please excuse the ignorant question, but generally what happens to a company's stock price when that company is bought by another?

For example if TLM is bought by the Chinese?

[Rat Fink]

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[Mark_Nguyen]

Originally posted by Rat Fink
Stopped out of WGF at .78 today with my one account, and .76/.75 with the other.

you took a loss?

[Rat Fink]

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[Mark_Nguyen]

Originally posted by Rat Fink


Small one. I don't sit negative on anything like that anymore. Orders are slow, could go either way. I didn't let my losses get any bigger. The reaction to the news today tells me the news is pretty well factored into the share price now. They'll need drilling to go a lot higher IMO.

I was thinking you were going to try to get back in at maybe 0.73 or so.

[Rat Fink]

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[Z_Fan]

Yet it rebounded and was back up to .79 or so. Last at .77.

[Rat Fink]

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[Rat Fink]

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[Mark_Nguyen]

Originally posted by Rat Fink


Speaking of which.....my buy for KXL just filled. weeee. There for a good time, not a long time!

Anon was pushing it down (TD acting anonymously) while TD sat on the buy side at 2.19/2.20/2.21 so I threw a little wrench in their gears with my buy order.

Going back up when they have their fill and run it up.

KXL is bearish from many of my sources, not sure what your seeing RAT.

[Rat Fink]

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[Kloubek]

What do you guys think of Cott Corp? They obviously need to do some serious work on their company. But I think if they did, the shares would rise from their current all-time low. Lots of money to be made if they become successful again...

[Z_Fan]

Ask was .79 when I walked out the door on WGF and so I decided to sell my shares at that ask.

Come back, I've still got my shares and it's sitting at .66.

WTF. Oh well. I've lost so much money now, this is trivial. Hahah.

[Rat Fink]

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[Canmorite]

Ugly day.

[bigbadboss101]

How about IXS? Not much movement and loads of news to come supposively.

[bigbadboss101]

CLL is dropping daily of late.

[Rat Fink]

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[Mckenzie]

Originally posted by bigbadboss101
How about IXS? Not much movement and loads of news to come supposively.

I have about 20k of this one right now...might accumulate some more here as it looks like it will stabilize until the PP closes. I think this will be one to watch for 2008.

[liquid1010]

Originally posted by Kloubek
What do you guys think of Cott Corp? They obviously need to do some serious work on their company. But I think if they did, the shares would rise from their current all-time low. Lots of money to be made if they become successful again...

I used to work with a company that was a vendor for Cott. They have internal issues with their infrastructure and logistics.... but if they get everything sorted out, they could be a good winner. You've peaked my interest on them so I might do some research on them tonight and post it up here.

You have any research on them?

I've been looking at LQW for the same reasons, but I just don't have enough confidence in them to jump in yet.

[Rat Fink]

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[bigbadboss101]

How low with WGF go?

[Rat Fink]

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[Mark_Nguyen]

Originally posted by Rat Fink


The trading range looks pretty tight today. Only 6 cent range from high to low so far. Looks like it may have found its bottom and I could see it going back up on permit approvals. There seems to be some uncertainty as to whether or not these coal companies will get all the land they applied for, or whether there will be several discrepancies (overlapping claims, etc.).

With a lot of these coal plays now getting comfort letters that assure they are "first in line".....it seems like the Sask gov't handed them out almost like those ribbons they gave to the fat kids in track and field that said "participant".

Actually pretty pissed about all this coal bullshit because I've burned a lot of hours reading into these plays to try and find the better one. I'm staying away from it all until I clear my head from it.

I'm trading the hell out of NOG today. I was 12% of the total volume yesterday, and so far I'm around 30% of the total volume today. shake and bake.
:devil:


how well did you make out with NOG today?

[Rat Fink]

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[SilverRex]

Originally posted by SilverRex
^^^ 76 is a good price to get in, its the 38.2% retracement as well as a trendline support.

however there are still 2 other support at 72 and 68.

I would half my position here and buy the other half if it does get to 68.

however if ur aready have a position. then just wait for 68

how many of you got in around 76?

as it turns out i was right about it technically 76 was a .38 retracement support and 75 was a daily trendline. it held, and since then has shot up 17% to around 85 this morning. It also broke thru 84.74 resistance quite convincingly, so I know the chance of it testing its peak at 98.84 is quite certain. Though because of its huge run up already (doubled since IPO) I believe 90 will hold for awhile. then again, you can never underestimate when a stock is in a trend. If it can close above 90, this stock will test 95 and 100,

On other front, I hope some of you snatched up Dell and SBUX when they were near their 52 week low. Dell had beat their earnings last night hence they have shot up 10% and SBUX technically broke thru its slumps with a positive to divergence and is on a uptrend up 15% from where I got in. I see it testing its critital 18.80 a close above this to move towards 20 short term.

Sndk I got out with a 52% but since bought back around low 28 as for a week it has been holding well at this floor. I still believe the run isnt finished as I suspect some upgrades coming like previous 3 years most came in jun-july. Summer is their best season. I feel their major resistance is at around 34.9-42.00 depending which high to low you look at over all.

Nvda I got out at 24.75 which is quite close to their .38 retracement. However if you have been holding this still, you have hope as it was recently upgraded. So this is a hold

Other ones to consider are bank of america which just came off near their 52 week low also, and office depot which is heavily oversold. ODP below 13 is a good buy. I say bank of america BAC is a good short term pick up while ODP is a mid to longer term

with the strong Dell numbers, IBM and intel all beating their quarters. I see AMD having the potential to turn around sooner. they predicted Q3. anyhow stock prices hasnt reflect this, anything below 7 would be alot safer now than 2 months ago as it has technically broke out. I'm hoping for a dip to 6.50 to get back in. currently at 6.75 but this one you will need to hold a 6 month minium for any potential return.

for riskier play, SIRI sirius radio at its current level 2.56 is attractive. If the FCC merger happens without any negative imposed condition, you will SIRI in the 4 dollar range. While you should stay away from XM, since XM is in worse shape compare to SIRI, even if the merger does not happen, SIRI has nearly caught up to XM in subscribers. Again this is a trade on rumor sell on news.

CAF I was hoping it touch 40.50 level, but somehow it only dip to 41.80 and now back to 44.00 unfortunate, as for mid-long term this is a great pick up if you believe in China for the next few years. The ishare FXI which is also a china stock reflection counterpart is too expensive at 149.0 and the gain does not match Morgan stanleys. So keep it on your radar.

For gold, after tounching off around 930, has crashed to 870.00 this may be a good spot to make a few dollars (sitting on a trendline) but with oil prices falling almost 10 dollars. And US recently say GDP numbers were better than estimate, this may life the short term US outlook somewhat. So I would stay away from gold unless it can get below 850.0

for USD/CAD curreny exchange anything below par (as in weak USD) is a great pick up it has formed good support back at the 9880 level which is the .38 support for many months. short term weak CAD stronger US dollar.



;) all for now

[interlude]

I hope some of you are still holding on to PCQ!

[Mark_Nguyen]

Originally posted by interlude
I hope some of you are still holding on to PCQ!

what the heck is happening there? perhaps insider trading?
I dont see any news that was make the price run up that fast

[troyl]

Originally posted by Rat Fink


wednesday and thursday combined....up just under 9000 bucks. can't wait for friday.

I traded 12% of the volume wednesday. Today I traded just over 30% of the total volume which made up over 300K shares traded. Tomorrow I will be all over it too.

Hope you got rid of your NOG this morning.

[interlude]

Originally posted by Mark_Nguyen


what the heck is happening there? perhaps insider trading?
I dont see any news that was make the price run up that fast

I dont know.. but im not going to complain! haha

maybe the price is reflecting the PP from last week?

[Rat Fink]

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[Rat Fink]

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[Z_Fan]

Tell me how much money you lost on NOG.

It might make me feel a little better.

[Rat Fink]

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[Mckenzie]

BUK, my largest holding, up 20% today- $1.50.

:clap:

IXS had fantastic news as well- over-subscribed PP and additional 7.5 million line of credit....non-dillutive and shows the lendors are not worried about future cash flow problems or ability to cover the large line of credit.

[interlude]

awesome day for PCQ.. lets hope it continues next week

[Mark_Nguyen]

http://www.globeinvestor.com/servlet/story/CNW.20080530.C6613/GIStory/


WGF news release

[bigbadboss101]

Hmm, I had PCQ, PAN, and MOO last week :rolleyes:

[Canmorite]

Originally posted by Mckenzie
BUK, my largest holding, up 20% today- $1.50.

:clap:



Yay! My knee caps stay in one piece! hahaha

[Rat Fink]

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[Rat Fink]

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[interlude]

PCQ just hit $1.80 today :thumbsup:

[Mark_Nguyen]

Originally posted by interlude
PCQ just hit $1.80 today :thumbsup:

Im just wondering whats with all the fuss with them exactly

[Rat Fink]

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[interlude]

PCQ teamed up with Squatex, and now has more land. They are right next to QEC who teamed up with Talisman.

Talisman also announced they will be investing more than half a billion dollars into these shale gas plays in Quebec.

Didnt QEC hit some natural gas pockets?

[Rat Fink]

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[Rat Fink]

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[Z_Fan]

Originally posted by Rat Fink
I scooped a bunch of XT today

Applying for 120,000 acres next to Junex. Doesn't even have 7 million shares issued. Scary white knuckled ride coming up

It's up 800% today.

Wow. Big balls.

What did you get in at?

[Rat Fink]

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[Z_Fan]

Now it's up 644%. Was 793% just a couple minutes ago.

Yeah, have a nice ride Rat Fink. ;)

I'd be worried. $1.60 now.

[Z_Fan]

Type the above e-mail and now it's $1.43.

Not even 1 minute passed.

[Rat Fink]

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[Z_Fan]

I think there is OK support at $1.40 to $1.50 so hopefully it won't go too low on you. That's scary shit right there.

But no risk, no reward.

With how fast it was changing, I suppose now that I am done this e-mail it could be at $2.00. LOL.

...

$1.56

Not bad.

[Z_Fan]

Fawk me. I clicked refresh and it was $1.35.

You're nuts. Crazy. Insane. Unstable.

... did I mention CRAZY!!

Someone dumping 75000 shares at 1.40.

[interlude]

That whole area just dropped from their day highs.

PCQ hit 1.81 and now at 1.40s. Its ok with me.. im in at .90 when i bought in again.

I have a feeling it will spike up again this week.

[Rat Fink]

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[bigbadboss101]

How about MOO? I had it I think 2 weeks ago at 0.16. Look at it today!

[Rat Fink]

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[Z_Fan]

I don't want to know.

I've lost so much money on the market, I basically can't play it anymore. But the difference is it was not "free" money that was made on the market. It was money I've gotta deal with replacing. LOL.

So, lose $50000 that way, and it's a lot different than losing $50000 from the $100000 you made on the market.

[Z_Fan]

Originally posted by bigbadboss101
How about MOO? I had it I think 2 weeks ago at 0.16. Look at it today!

I saw that. Presumed you sold it already. Too bad.

[bigbadboss101]

Yeah I sold MOO, PCQ, PAN, and others when they were flat for couple weeks. I think I am gonna cash out and get a Bi Turbo S4.
Same sort of depreciation :rolleyes:

[bigbadboss101]

Darn CAJ was .21 not long ago.

[Rat Fink]

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[interlude]

sweet.. thats awesome Rat! missed the boat for that one :(

[Rat Fink]

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[Z_Fan]

I had no money freed up to buy it. I was thinking about getting a few thousand shares at 1.40 but couldn't sell my other shit.

[interlude]

Originally posted by Z_Fan
I had no money freed up to buy it. I was thinking about getting a few thousand shares at 1.40 but couldn't sell my other shit.

same, all my money is tied up in PCQ. Wished I sold when it hit 1.81. Oh well. Easy come.. easy go.. we'll have to wait for the next beast

[Rat Fink]

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[interlude]

Originally posted by Rat Fink


I'm actually contemplating buying some PCQ at this level.

You should, it will bounce back up. This is the second time I bought in. average shares are .90

I think PCQ should take off once the PP is closed. Then ill be selling for sure.

[Rat Fink]

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[broken_legs]

Bernanke signals end to interest rate cuts
Fed also ‘attentive' to connection between weak U.S. dollar and inflation, chairman says....



Gee ya think?

[Rat Fink]

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[Shaolin]

PEP with a big jump..

[Rat Fink]

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[interlude]

Originally posted by Rat Fink
interlude...

I landed 5K of PCQ at 1.36, and 5K at 1.32 right before it started heading up again

A lot of the quebec plays seem to be coming back towards the black now. Still early to tell, but this may be the rebound for another pop.

WERD.. well.. I just want to double my money then im out, and maybe buy a motorcycle :)

[KappaSigma]

IMO, JML might be the next to run in the short term. Rumour of Suncor JV....

[Mark_Nguyen]

Originally posted by KappaSigma
IMO, JML might be the next to run in the short term. Rumour of Suncor JV....

where did you hear this from

[KappaSigma]

Originally posted by Mark_Nguyen


where did you hear this from

SH...so not that reliable. However, there are some big players already in that area. When one big boy is invloved...others arent usually far behind.

[Mark_Nguyen]

what do you guys think about VISA? Do you think it could easily break 90 soon?

[bigbadboss101]

Kappa is back! Memories of Sno.

[KappaSigma]

Originally posted by bigbadboss101
Kappa is back! Memories of Sno.

We all make bad choices. had a few really good ones and a few where I believed too much.

[interlude]

Rat.. are you still holding PCQ? im going to wait it out till the weekend

[Rat Fink]

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[broken_legs]

I just bought some PCQ this morning at 1.22...

Looks like all of these shale gas plays spike consolidate for a few days, spike consolidate for a few days. I also noticed the down days like today are on very low volume, Relatively speaking.

[interlude]

well good luck to all.. lets make some money :thumbsup: