Official Short-term Investments Thread

[89coupe]

Originally posted by benyl
why? all the natural gas companies are going down... and I think they will head down further tomorrow.

Its our sister company and I wanted in on a good trust company. They are currently offering .24/unit plus a great re-investment deal for unit holders. It may go down a little more, I might have jumped the gun a little but the upside is very good. I'm getting a solid 15% return on my investment even if the price drops.

[roopi]

Another down day. I think we're at 5 days in row now. Looks like this may be a good buying opportunity.

What's everyone got on the watchlist?

I picked up some UTS at the close today. Support is at $6.19. Hopefully it holds and we get a bounce tomorrow.

89coupe - Heard anything about Bronco Energy lately?

[Si_FlyGuy]

???

[Shaolin]

roopi, I was looking at UTS as well.. I'm also looking at Capstone Gold (been on quite a slump lately)..

I might buy some more BNT as well..

EDIT: I take back Capstone Gold.. for some reason a different chart showed up the last time I checked.. so now I don't know which one is the right one..

[Shaolin]

I was talking to a buddy about a market scan today

the following are the ones I'm looking at.. not sure if I'll buy or not but I'll be monitoring it.

T.MTM
V.CQV
V.MAI
T.MOY

of course.. do your own DD..

[djayz]

i have a feeling that its time to pull out and take some profit on oil and gas stocks...

[roopi]

Originally posted by djayz
i have a feeling that its time to pull out and take some profit on oil and gas stocks...

I wish you had that feeling 5 days ago. :rofl:

Oils stocks fluctuate with the price of oil. We just need some good international news to get some people scared about oil shortages and we'll be good to go... :rofl:

The U.S. is due to invade a country isn't it? :D

[Lo)2enz0]

i don't know if anyone has said this yet, but not modifing a car

lol

[djayz]

haha yah 5 days ago wouldve been better

but im saying this today so 5 days from now i wont be saying "I wish i wouldve said/done it 10 days ago"

haha im selling a couple of my oil/energy/metals holdings...hanging on to the rest until a rebound comes around and i actually make something on them. Ill take my profits for now and wait until the market stabilizes a bit.

In a way i think oils going to have a good run up in the next couple of months. They are saying we are going to need less oil during this time period cuz less is needing for heating and what not and its that time of the year when production slows down due to wet and muddy conditions at the rigs. So if we get hit with a normal canadian winter -30 with 4 feet of snow or more and the production of oil is low...oil should have a good rally. Just my simple thought nothing to get excited over haha.

[djayz]

ohh yah forgot to mention if anyone sees this before market opening today
SLW silver wheaton should have an amazing day they anounced that their fourth quarter earnings quadroupled...which is pretty damn good
And seeing as how they went down in yesterdays market it makes it an even better buy even for a quick one day return
i wish i had some money to load the truck. :(

[Si_FlyGuy]

Stochastics favour ECA in a few days...:):):)

I'll take a gamble on SLW

[89coupe]

Originally posted by djayz
haha yah 5 days ago wouldve been better

but im saying this today so 5 days from now i wont be saying "I wish i wouldve said/done it 10 days ago"

haha im selling a couple of my oil/energy/metals holdings...hanging on to the rest until a rebound comes around and i actually make something on them. Ill take my profits for now and wait until the market stabilizes a bit.

In a way i think oils going to have a good run up in the next couple of months. They are saying we are going to need less oil during this time period cuz less is needing for heating and what not and its that time of the year when production slows down due to wet and muddy conditions at the rigs. So if we get hit with a normal canadian winter -30 with 4 feet of snow or more and the production of oil is low...oil should have a good rally. Just my simple thought nothing to get excited over haha.

Now is the time to "BUY" not "SELL".

[sputnik]

Originally posted by 89coupe
Now is the time to "BUY" not "SELL".

:werd:

It's funny how people will flock to a store when items are on sale, but they will flee the stock markets when stocks are "on sale".

BUY BUY BUY!

[Si_FlyGuy]

tru dat....

Got into SLW at 7.38. :(

[89coupe]

Just look at the volumes right now. Major firms are gobbling up the shares right now.

I'm a little upset that I jumped the gun on buying yesterday, oh well. Guess I will have to buy more today.:bigpimp:

[89coupe]

A lot of "selling short" going on. Takes balls and a deep pockets.

[benyl]

I just bought more ECA for $47.

It went below that and I was kicking myself... it rebounded in 30 seconds... the market is crazy...

[89coupe]

Looks like things are bouncing back today. :thumbsup: for anyone who bought in on the lows.

[lastprodigy]

sienna gold is back down to a dollar :eek:

[89coupe]

Originally posted by lastprodigy
sienna gold is back down to a dollar :eek:

If you have the money, buy buy buy.:bigpimp:

[lastprodigy]

;)

[Gainsbarre]

Originally posted by benyl
I just bought more ECA for $47.

It went below that and I was kicking myself... it rebounded in 30 seconds... the market is crazy...

I think Encana has bottomed out now so I just took the plunge at $46.55.

I hear that Antrim Energy (AEN on the TSX) is about to be on the move. An i-banker friend of mine is apparently working on a deal for them.

[89coupe]

Originally posted by Gainsbarre


I think Encana has bottomed out now so I just took the plunge at $46.55.

I hear that Antrim Energy (AEN on the TSX) is about to be on the move. An i-banker friend of mine is apparently working on a deal for them.

Smart move, definitely a good buy:thumbsup:

[djayz]

Hah i know its the time to buy but after a 5 day loosing streak you know how people feel

its like the flames or the weather you can just never be sure

so far i havent sold anything and i havent bought anything either. Unfortunately all but 15 dollars sits in some form of stock.

[Altezza]

I've started nibbling...I want to see if this mini-rally can be sustained first.

[roopi]

Originally posted by Shaolin
roopi, I was looking at UTS as well.. I'm also looking at Capstone Gold (been on quite a slump lately)..

I might buy some more BNT as well..

EDIT: I take back Capstone Gold.. for some reason a different chart showed up the last time I checked.. so now I don't know which one is the right one..

Added some more UTS this morning. Gapped down in early morning and bounced right back.

[Stratus_Power]

whats happening to Rol.a

[djayz]

damn i really missed the boat on this buying opportunity

[89coupe]

Originally posted by Stratus_Power
whats happening to Rol.a

I've continued to buy more. I firmly believe this stock will come around.

[digi355]

Finally finshed my homework on SUM. Looks like a good way to get some of my money out of junior O&G. I don't know anything about ROL.A, anyone care to give me the quick version?

[89coupe]

Originally posted by digi355
Finally finshed my homework on SUM. Looks like a good way to get some of my money out of junior O&G. I don't know anything about ROL.A, anyone care to give me the quick version?

SUM is not an Oil & Gas Company:rofl:

[Si_FlyGuy]

^^
:nut:


SLW is still moving today...targets up, should open around $8.38. Thanks djayz.:love:

Rol.a looks like a good gamble. Lots of demand for the stock.

Anyone jumping on EuroZinc with the increase in zinc prices?

edit: I eat my words....

[89coupe]

Originally posted by Si_FlyGuy
^^

Rol.a looks like a good gamble. Lots of demand for the stock.


I hope you don't pick stocks based on comments like that???

[Si_FlyGuy]

Originally posted by 89coupe


I hope you don't pick stocks based on comments like that???

No...I do my research while I am taking a dump. I put my thumb on a stock for every turd. Which ever one makes the biggest splash gets purchased. :thumbsup: Much lurve 89coupe!:love:

[Foz]

Buy a house.. mine just went up $15K in 2 months.

[89coupe]

Originally posted by Foz
Buy a house.. mine just went up $15K in 2 months.

House is great, but the only way to obtain your gains is to sell the house ;)

[benyl]

Buying stock is great, but the only way to obtain your gains is to sell the stock...

haha

[Foz]

:rofl:

[djayz]

BLE should have some good drill results coming out soon.
Watch the stock itll probably drop between 2-3 dollars then once the news release is out with some good news itll shoot up to close to 5.
Im gonna try get in on some more under 3 if i can

[digi355]

Originally posted by 89coupe


SUM is not an Oil & Gas Company:rofl:

I know, i used SUM to get out of all the Junior O&G I was stuck in.

[Si_FlyGuy]

Picked up some UTS and PBG...and I'm done for a while, my cows need some lovin'.

[roopi]

For the Bronco Energy followers some more insider buying:

Feb 14/06
Alford, Brian Wayne-Acquisition public market 8,000 shares @ $1.100
Feb 9/06
Alford, Brian Wayne-Acquisition public market 1800 shares @ $1.09

[jojotuu]

the best thing you can do is buy a house and rent it out

[Si_FlyGuy]

Originally posted by jojotuu
the best thing you can do is buy a house and rent it out


I sure love dem regurgitatin' blankit statemonts, Cletus!
By golly, the best dang thang you can do is to eat food!

[ramminghard]

Originally posted by jojotuu
the best thing you can do is buy a house and rent it out
This is not at all the best thing you can do.

[Si_FlyGuy]

Originally posted by ramminghard

This is not at all the best thing you can do.

I hear pimpin hoes and b***** is pretty lucrative.:thumbsup:

[dj_honda]

wle.to , not a penny stock. imo its a good buy right now around 15-16$. year end results expected end of first week of march and they should be good of course so hopefully there is a price jump too. buy at your own discretion though. during jan it got lots of press on robtv,cramer etc too for those who care about those shows.

[djayz]

^
i think western lakota has had its run ...i dont see too much growth in that stock...the chart looks too good to be true and now that its got a nice big slope the other way it looks like its going to either stay that way or just even out.

but i cant say the same for BLE nice return today again and theres still more to come. Im not pumping this stock btw im giving an excellent pick...dont believe look at the chart :D

[dj_honda]

Originally posted by djayz
^
i think western lakota has had its run ...i dont see too much growth in that stock...the chart looks too good to be true and now that its got a nice big slope the other way it looks like its going to either stay that way or just even out.



theres more to stocks than looking at charts, but suit yourself LOL.

fyi a lot of OG stocks had a drop the same time as wle.to last week (at least the ones i was watching :dunno: ). including trinidad drilling, which has a similar "slope" on their "chart" and is a competitor. i don't like giving advice though because there is always a chance of it going either way, its just something for you folks to look at....:thumbsup:

[Si_FlyGuy]

I like CEN.

[89coupe]

I guess buying 1400 shares of PMT.un at 18.80 wasnt a bad deal after all.:bigpimp:

[Shaolin]

anyone get my pick of golden peaks? they're looking good.. i'm going to buy some more on the next pull back.

[Si_FlyGuy]

Originally posted by 89coupe
I guess buying 1400 shares of PMT.un at 18.80 wasnt a bad deal after all.:bigpimp:

I call insider trading on that...:nut: Either way, good pick.
Btw...any clues on which company they're buying?

[djayz]

Hmmm having a hard time deciding whether to buy UTS or WLE
My comment of WLE up there should be disregarded as i did some futher research and see WLE doing quite well

So its one or the other which one would you guys say is a good buy at market value right now?

[lastprodigy]

spx has turned it around again ^20% on friday back to .225

[/////AMG]

Is Sienna Gold still a good buy it's at $1.00.
Could go down again...?

Ps. My dad realized he has a TD Waterhouse account, I've put soem money in, gotta start reading up now.

[89coupe]

Originally posted by /////AMG
Is Sienna Gold still a good buy it's at $1.00.
Could go down again...?

Ps. My dad realized he has a TD Waterhouse account, I've put soem money in, gotta start reading up now.

Well this is how I look at it, it traded as high a $1.55...as long as good results are on the way, it will get back to that point eventually. You can't predict whether or not it will go lower but based on the short history it has, I would say its a good buy :)

[/////AMG]

^Good point.
You don't have to worry though, you bought it at .69 or something right? Already in the + for you Mr. :bigpimp:
haha

[lastprodigy]

Originally posted by djayz
BLE should have some good drill results coming out soon.
Watch the stock itll probably drop between 2-3 dollars then once the news release is out with some good news itll shoot up to close to 5.
Im gonna try get in on some more under 3 if i can


bah is this thing on it wayu up now or what?

[djayz]

^
yah im glad i held on to BLE...wish i had more but im good with whatever profit im making with it still has lots of room to grow.
AUA is doing very well as well but i dont see it growing as big as BLE just my opinion but others are saying they will see 3-4 dollars when they begin drilling in the next few months.

I just bought into uts as well dont care that i got it at a pretty high price its still has a long ways to go plus its a good long term investment.

[Si_FlyGuy]

Originally posted by djayz
Hmmm having a hard time deciding whether to buy UTS or WLE
My comment of WLE up there should be disregarded as i did some futher research and see WLE doing quite well

So its one or the other which one would you guys say is a good buy at market value right now?

PBG is a good buy if you want to gamble on THAI.:) Have you looked at CLL?
UTS surged while I was out of town.:clap:

[djayz]

yah ive seen PBG
theres just way too many things on my stock list that id like to get but it isnt as diversified as much as i like it to be.
Too much oil and gas and precious metals. I think im gonna hold off on buying things for a couple months just gonna try and take profits on what i hold now then start over.

[Si_FlyGuy]

i wonder if anyone has found any reasonable projections on how long this nigerian thing is going to last.

[sabad66]

Alright noob question time. I have an account on Etrade and want to buy some shares of Sienna Gold. It's at .95 right now but I can only buy at 1.10...what gives?!

[sputnik]

Originally posted by sabad66
Alright noob question time. I have an account on Etrade and want to buy some shares of Sienna Gold. It's at .95 right now but I can only buy at 1.10...what gives?!

.95 is the last trade

It sounds like the only offers out there are currently at 1.10. What is the current bid side?

[sabad66]

# Orders Board Lots Bid Ask Board Lots # Orders
2 22 0.900 1.100 99 1
1 10 0.880 1.130 15 1
1 10 0.760 1.190 40 2
1 50 0.750 1.200 100 1
1 10 0.600 1.220 42 1

That's the chart I see when I 'get quote'

Does that mean the cheapest I can buy is 99 shares at 1.10 each?

[89coupe]

Ooops it just changed to $1.10...LOL

Basically those who own the shares know that good things are in the near future ;)

[sputnik]

Originally posted by sabad66
# Orders Board Lots Bid Ask Board Lots # Orders
2 22 0.900 1.100 99 1
1 10 0.880 1.130 15 1
1 10 0.760 1.190 40 2
1 50 0.750 1.200 100 1
1 10 0.600 1.220 42 1

That's the chart I see when I 'get quote'

Does that mean the cheapest I can buy is 99 shares at 1.10 each?

Put a bid in at 0.910

You will be at the top of the queue and you might get hit.

[sputnik]

Originally posted by 89coupe
Ooops it just changed to $1.10...LOL

Basically those who own the shares know that good things are in the near future ;)

I have the 2 way at:

.90/1.10 with the last trade at .90

Volume - 52,470

[sabad66]

ohhh I see, so I do a price 'limit' as opposed to 'market' and that's how I place a bid?

# Orders Board Lots Bid Ask Board Lots # Orders
1 0 0.910 1.100 113 1
1 10 0.900 1.130 15 1
1 10 0.880 1.190 40 2
1 10 0.760 1.200 100 1
1 50 0.750 1.220 42 1

I did it and now the chart says that...but 0 for Board Lots...what does that mean?

[89coupe]

Market is closed now for the day. If you put a price limit in you have to pay a slightly higher commission.

[lastprodigy]

damn haha it went up as i placed the order then dropped back down....:(

[sabad66]

It closes 2PM Mountain time?

[lastprodigy]

5pm EST

[89coupe]

Originally posted by sabad66
It closes 2PM Mountain time?

Yes.

[lastprodigy]

isnt it 5pm EST/ 3pm MST

[89coupe]

Originally posted by lastprodigy
isnt it 5pm EST/ 3pm MST

No.

[red99600]

what is the opening time?

[djayz]

7:30MST
9:30EST

[roopi]

Originally posted by sabad66
ohhh I see, so I do a price 'limit' as opposed to 'market' and that's how I place a bid?

# Orders Board Lots Bid Ask Board Lots # Orders
1 0 0.910 1.100 113 1
1 10 0.900 1.130 15 1
1 10 0.880 1.190 40 2
1 10 0.760 1.200 100 1
1 50 0.750 1.220 42 1

I did it and now the chart says that...but 0 for Board Lots...what does that mean?

You definately want to use a limit order here. A market order would instantly fill your order at $1.10 so you want to place a limit order for $0.92 so your order is the highest current bid.

You may have to pay a slightly higher commission for this order depending on your brokerage but it is worth it in most cases.

[sabad66]

What's a board lot?

[roopi]

Originally posted by sabad66
What's a board lot?

Board Lot is just like bid size / ask size. It can vary depending on exchange.

TSX is:

Security selling price Board lot size
$0.005 to $0.095 1,000 shares
$0.10 to $0.995 500 shares
more than $1.00 100 shares

So if there is a board lot size of 2 with an ask price of $0.91 then there are currently 1000 shares available at that price. There are ways of masking this as well though (iceberg)

[/////AMG]

I have yet to invest, hell I haven't even read anything or gone over the TD Waterhouse website. Damn.

But check out SGP: 0.88
Volume (29450 ) is quite high as well, no?

I should get in on this.

[benyl]

29,450 is not that high volume...

Look at some of the other stocks in this thread... the exchange well over 2 million shares per day.

[lastprodigy]

edit for stupidity ...nm

[/////AMG]

Originally posted by benyl
29,450 is not that high volume...

Look at some of the other stocks in this thread... the exchange well over 2 million shares per day.

Yesterday it was like 10000, I know it's not a lot. I'm a noob too lol. so don't mind me.

[lastprodigy]

^ you just buy 500 shares? ;)

[89coupe]

An absolute steal right now is Rolling Thunder. I continue to buy at these stupid low prices.

ROL.a

[/////AMG]

Originally posted by lastprodigy
^ you just buy 500 shares? ;)

No, maybe tomorrow or Monday.

[lastprodigy]

SGP .80 :( :eek:

[benyl]

Originally posted by 89coupe
An absolute steal right now is Rolling Thunder. I continue to buy at these stupid low prices.

ROL.a

wow, that is a really good deal. Buy now, sell at 1.20 hehe

[/////AMG]

Originally posted by lastprodigy
SGP .80 :( :eek:

:eek: :love:

[Si_FlyGuy]

woohoo...


CALGARY, Feb. 23 /CNW/ - In order to comply with National Instrument
51-101, UTS Energy Corporation ("UTS") retained independent reserves
evaluators GLJ Petroleum Consultants Ltd. ("GLJ"), to conduct an independent
evaluation of UTS' interests in the Fort Hills oil sands leases 5, 8 and 52.
The report was prepared by GLJ for UTS on behalf of UTS in order to meet its
annual securities reporting requirements.
GLJ's "best estimate" of contingent recoverable bitumen resources
associated with the Fort Hills Project (the "Project") as of December 31, 2005
is 3.5 billion barrels compared to the best estimate of 2.4 billion barrels in
December 31, 2004. UTS has a 30% working interest in the Project and therefore
its corresponding proportion of contingent bitumen resources is estimated to
be 1.05 billion barrels, up from 0.72 billion barrels.

GLJ's results are summarized as follows: Bitumen Resources

December 2004 December 2005 Change
billion barrels billion barrels

Low Estimate 0.73 2.4 229%
Best Estimate 2.4 3.5 46%
High Estimate 3.0 4.6 53%

It should be noted that GLJ considers the marketable product from the
Project to be synthetic oil, and has prepared contingent resource estimates on
that basis. The December 31, 2005 recoverable bitumen estimates presented
above are provided for comparison purposes only, and require upgrading to
produce a marketable product.
The Low Estimate considers a portion of the existing mine plan, while the
High Estimate recognizes a 50% increase in the amount of bitumen feed to the
extraction facilities under a potential revised mine planning basis. The 50%
increase in volume reflects an approximation of the type of increase that the
Project would realize by increasing the total volume of material moved to
bitumen in-place (TV:BIP) component of the current regulatory operating
criteria from 12 to 16. As such, the 2005 report was not based on new
technical data, but rather a reassessment of the previous data in a different
commercial climate. The existing mine plan, which was developed in 2001-2002
by TrueNorth Energy Corporation, estimated the contingent resource to be
2.8 billion barrels. This plan was predicated on an oil price of $20 - $22 US
WTI. Accordingly, an updated mine plan is currently being developed by the
Fort Hills Partnership, with input from Teck Cominco Limited, which may well
result in further increases to the contingent resource. This plan will be
completed in the second quarter of 2006.
"Directionally, this increase was anticipated and is predominantly driven
by higher oil prices allowing the Project to mine additional resources
economically," said Dr. William Roach, President and Chief Executive Officer.
"It also should be noted that these estimates anticipate a - 2 - 30 revised
mine plan that is currently being prepared. Moreover, we believe the revised
mine plan may result in recoverable volume estimates greater than the
estimates given in the 2005 GLJ report subject to any additional required
regulatory approvals."
The Fort Hills Project is held by UTS with a 30% working interest, Teck
Cominco Limited with a 15% working interest and Petro-Canada with a
55% working interest and operatorship.
UTS Energy Corporation is based in Calgary, Alberta. The Company's common
shares (UTS) are traded on the Toronto Stock Exchange.

[89coupe]

Any of you guys buy Bronco Energy when I first posted about it :bigpimp:

[benyl]

Yeah, I sure did... check out the ask price...

[roopi]

Originally posted by 89coupe
Any of you guys buy Bronco Energy when I first posted about it :bigpimp:

I never noticed when you first mentioned it but I did buy some. If you look back the last couple pages I've been asking you for some more info on this company. :) Guess you just missed the posts. :dunno:



Originally posted by benyl
Yeah, I sure did... check out the ask price...

Yeah that was nice this morning. Never got taken out but we seen alot of shares trade today for this stock.

Looks like the results on the last 3 wells must have been good. No other reason to explain this IMO. I like the results from the first for a junior but I'm thinking these are going to be even better.

[djayz]

^^
bronco still good to buy into you think?
i need to make a quick buck or two to get into some longer term investments

[Hakkola]

Well, time to start investing :D I'm gonna go check out my options for brokerage companies this week, I'm just posting so I can subscribe to the thread. :thumbsup:

[89coupe]

Originally posted by djayz
^^
bronco still good to buy into you think?
i need to make a quick buck or two to get into some longer term investments

Buy Rolling Thunder, its a steal right now.

[lastprodigy]

You still holding bronco?