2011 Stock Picks

[troyl]

I was thinking about putting together a little stock picking contest for the year. It would give other investors on the site some investment ideas and insights to where people are putting their money. Not sure how many people are gonna participate, but I thought I would see if there is any interest.

Here is what I am thinking for the rules:
1)Pick Three stocks
2)No Warrants, options, or futures
3)Must be traded on North American exchanges
4)Physical commodities can be selected as well
5)No duplicate picks if one memeber has selected a stock before you then move on to your next favorite

Lets say that picks must be entered by January 9th. Cost basis will be as of market close on January 7th. Now I don't really have any prizes to give away, so it would be more of a bragging competition I guess. I will update the thread on everyone's picks and gains at least once a month.

If there is no Interest mods please delete.

I will start.

1) Gasfrac Eneregy Services. GFS-V
2) Resverlogix. RVX-T
3) Americas Petrogas. BOE-V

[DUBBED]

1) MGO.T
2) GOD.V
3) NRG.V

I am currently invested in one of these, will be dumping some cash into others soon.

[Feruk]

NVS - V
PWT.UN (TSX, may have changed as they converted Jan 1st, will update when I look at portfolio)
TCW (TSX)

If oil price drops, I'm fucked.

[ragu]

CFRI
PMI
AA

[4DoorGTZ]

Should turn this into a league on one of those stock games that follows the market. Give everyone January to sign up and research.

[tch7]

PBR.N - Petrobras
HEM.T - Hemisphere GPS
NWE.V - New West Energy

Don't think I have the balls to put much/any real money into that last one, but we shall see.

[derpderp]

1) SLX:CN
Silvermex Resources Inc

That is all I got right now lol

[codetrap]

CLM.TO
CUM.TO
DAY.TO

I'm already up 18% so far. :D

[Magia]

TEC - Technicoil Corp
SA - Southern Arc Minerals (Huge hopes here!)

[yellowsnow]

NML.V (made 110% return last year on this baby)
STP.T (made me 60% return)
ARX.T (healthy 20% gain this year) very good company that pays dividends.

[autosm]

CLL Tsx up 20 cents


TDG Tsx up for me up 20% this month pays 4% dividend so this is a long term one for me.

CMT Tsx is a wild card


I posted ones that I think have good potential.


Keep em comming.

[troyl]

Originally posted by autosm
CLL Tsx up 20 cents


TDG Tsx up for me up 20% this month pays 4% dividend so this is a long term one for me.

CMT Tsx is a wild card


I posted ones that I think have good potential.


Keep em comming.

Upset about CLL I sold at 1.17 a couple weeks ago, but I guess hind site is always 20/20. Still made some coin.

[slcchyd]

CAX.T
SXL.v
TBE.T

I always play wildcards

[autosm]

Originally posted by troyl


Upset about CLL I sold at 1.17 a couple weeks ago, but I guess hind site is always 20/20. Still made some coin.


I here ya I sold Suncore @ 34 than did not rebuy @ 32 now its 37......:cry:

[B20EF]

IRE.NYSE (Bank of Ireland)
AMB (Ambrilia Biopharma Inc.)
IAE.V (Ithaca Energy Inc.)

50/50 chance the top two will either go up 1000% or wither and die.

[davidI]

Since I'm not putting money on it, gotta gamble on some pennies..

WEB-V $0.175
LNE-V $0.160
NWE-V $0.105

[avishal26]

Citigroup - Up 50% from last year (Feb 10) - Earnings release this month ... expected to breakthrough and reach possible $7 (currently at $5)

MGM Resorts - Don't know why this stock is doing so good but I bought it last year ... made 40% and then sold.. stock dropped back down but I didn't buy in again and now its up 60%. :banghead: Currently at $15.9

Fluor Corporation - Up 50% from beginning of 2010. I can't afford the stock though :( Current Price at $64 ish

[natejj]

SLX.V
SPA.V
RDK.V

[Canmorite]

Originally posted by avishal26

MGM Resorts - Don't know why this stock is doing so good but I bought it last year ... made 40% and then sold.. stock dropped back down but I didn't buy in again and now its up 60%. :banghead: Currently at $15.9



I've been watching LVS (Las Vegas Sands) as well. Both look primed to do well with a recovering US economy.

[davidI]

Originally posted by Canmorite


I've been watching LVS (Las Vegas Sands) as well. Both look primed to do well with a recovering US economy.

I heard a lot of states are allowing more gambling within the states to increase revenues? Not sure if it's true or not...but that could certainly carry over to reduced playing in Vegas.

[max_boost]

Originally posted by Canmorite


I've been watching LVS (Las Vegas Sands) as well. Both look primed to do well with a recovering US economy.

Oh man. A guy I know has made so much money off this stock it's ridiculous. I didn't even believe him until I saw his transaction summaries.

Basically was day trading it from $6 to $25. This was 6 months ago so haven't talked to him since.

The kicker? He was buying $300,000 worth of the stock. LOL

:eek:

[Hi-Psi]

AMF.TO - Amorfix
SPM.TO - Scorpio Mining
GPR.TO - Great Panther Resources

I'm in 2/3 of these already. AMF is my baby though, I'm hoping to hit the jackpot with that one!

[troyl]

Here are the picks. There are a few duplicates, but I guess that will be fine. Canmorite LVS was not a formal pick, but you mentioned it so I just added it to the list. I Have listed only the stocks that finished with a positive return so far. How can I attach the full excel spreadsheet?

Stock Entry Price Jan 7 01-Jan-11 % Return
Magia SA-V 1.75 1.93 10.29%
troyl GFS-V 9.42 10 6.16%
Hi-Psi SPM-T 0.93 0.96 3.23%
Hi-Psi GPR-T 2.27 2.34 3.08%
Hi-Psi AMF-T 0.46 0.47 2.17%
troyl RVX-T 2.31 2.36 2.16%
Cammorite LVS 49.89 50.6 1.42%
Magia TEC-T 1.43 1.45 1.40%
yellowsnow STP-T1.65 1.67 1.21%
Feruk NVS-V 1.03 1.04 0.97%
Feruk TCW-T 18.74 18.91 0.91%
ragu AA 16.42 16.49 0.43%
codetrapCUM-T 5.73 5.75 0.35%
autosmTDG-T 6.21 6.22 0.16%
avishal26FLR 65.92 66.01 0.14%

[Canmorite]

Originally posted by max_boost


Oh man. A guy I know has made so much money off this stock it's ridiculous. I didn't even believe him until I saw his transaction summaries.

Basically was day trading it from $6 to $25. This was 6 months ago so haven't talked to him since.

The kicker? He was buying $300,000 worth of the stock. LOL

:eek:

It's a great trading stock I hear. Great volume, good moves. $300K is a shitload for one stock, did he use leverage?

[spikerS]

I would also think investing in the 3 major telco's in canada as well.

Telus for example has gone from a 52 week low of $$32.03 and is currently today at $46.01 and since open this morning has gained $0.58 a share...

[autosm]

Trinidad drilling TDG.T up 8.5% to 6.74$. :clap:

[troyl]

Quite a few runners, thought I would do another update. CLM buyout news sure helped codetrap!

Stock Entry % Return
yellowsnow NML-V 35.27%
codetrap CLM-T 31.09%
troyl GFS-V 19.85%
codetrap CUM-T 17.63%
Feruk TCW-T 12.86%
slcchyd TBE-T 11.11%
Magia SA-V 9.14%
autosm TDG-T 8.53%
B20EF IAE-V 8.06%
natejj SPA-V 7.02%

[troyl]

Here is the full list hope I am allowed to link stuff on here.

https://spreadsheets.google.com/ccc?key=tc3ua8yPKJpGGJxzBxmfHGg&hl=en&authkey=CJDbtMQP#gid=0

[derpderp]

Whoa lots of Silvermex Resources holders in here, Silvermex basically covered my costs of first year of school and much needed car work since I bought in around the .20s during the GGC period and sold in the .90s as SLX, feels good man.

Also if it isn't to late:

Daylight Energy - DAY
OceanaGold Corporation - OGC

[Feruk]

We're ALL up? That's crazy! Who needs an investment advisor when you've got Beyond?

[Magia]

I'm kind of curious how everyone heard about these stocks they're in?

I mean there are so many junior companies listed on the venture how did you fall on the one you picked?

I'll be the first to admit that Southern Arc (SA) I found on another website about hot stock picks!

[troyl]

Originally posted by Feruk
We're ALL up? That's crazy! Who needs an investment advisor when you've got Beyond?

Check the full list, we are not all up.

[tch7]

PBR I saw mentioned on a blog. HEM I found by searching for agriculture stocks. NWE I found by browsing through energy penny stocks on Google Finance.

Sucks for me that we're using the 7th as the start date.
Using the 3rd when I made the picks...
HEM +34.6% (vs. -6.7% since the 7th)
NWE +33.3% (vs. 20%)
PBR +0.4% (vs. 3.3%)

Hopefully the rest of the year goes this well...

[codetrap]

Troyl,
That CLM was a great one wasn't it. I jumped out on the 14th before funds got tied up in the purchase. Made a nice tidy 30% return. :)

Magia,
I'm not good personally at stocks, so I hired someone at TD Waterhouse who's job it is to do this. My father in law has been using him for quite some time, and had done quite well. So I migrated my stuff over to him from the monkey outfit I was using before for my RRSP's. I'd love to refer people to him, but he's pretty busy so he and his team are only accepting accounts over 100k, (or family referrals).

I'd be quite happy to keep feeding stuff from him here though.

[gyu]

I'm still kicking myself to this day after selling GGC/SLX at a loss when it was around .25 . Maybe I should give it another try

[el_fefes]

CMM.V - Century Mining . hoping for this to double this year.
EFG.V - First Gold Exploration. They're into REEs not gold so they need a name change. Could be big but it trades weirdly. 5 good NRs positive news results, resources on the ground and it's at a lower price than 3 months ago. :dunno:

[variable_x]

PBG - Oil sands
PMG - Oil exploration in columbia
IAE - Offshore drilling

[troyl]

yellowsnow NML-V 37.98%
codetrap CLM-T 30.56%
davidI WEB-V 22.22%
codetrap CUM-T 20.77%
slcchyd TBE-T 18.84%
tch7 NWE-V 15.00%
davidI NWE-V 15.00%
Magia TEC-T 11.19%
natejj SPA-V 8.77%
avishal26 FLR 8.51%



https://spreadsheets.google.com/ccc?key=tc3ua8yPKJpGGJxzBxmfHGg&hl=en&authkey=CJDbtMQP#gid=0

[Konj]

buy march call options for wynn and lvs
buy copper futures, invest in copper companies
buy crude oil futures, invest in small & medium size oil companies

[autosm]

Anyone into HOC.Tsx ?

[troyl]

davidI WEB-V 88.89%
troyl BOE-V 81.76%
slcchyd TBE-T 40.58%
Magia TEC-T 39.86%
yellowsnow NML-V 38.37%
codetrap CLM-T 29.95%
codetrap CUM-T 26.18%
Feruk NVS-V 24.27%
tch7 NWE-V 20.00%
davidI NWE-V 20.00%



https://spreadsheets.google.com/ccc?key=0An5BtVeH9JapdGMzdWE4eVBLSnBHR0p4ekJ4bWZIR2c&hl=en&authkey=CJDbtMQP#gid=0

[Magia]

I never posted my 3rd pick... mainly because I bought so little of it.

Wish I had stocked up on it though:

Poynt - TSX Venture (PYN)

Shoulda put the house on this one!

[TorqueDog]

Originally posted by Magia
I never posted my 3rd pick... mainly because I bought so little of it.

Wish I had stocked up on it though:

Poynt - TSX Venture (PYN)

Shoulda put the house on this one! No kidding! Not damn bad. I had no idea Poynt was Canadian.

[SJW]

Originally posted by Magia
I never posted my 3rd pick... mainly because I bought so little of it.

Wish I had stocked up on it though:

Poynt - TSX Venture (PYN)

Shoulda put the house on this one!

LOL i made 2K today alone.

[max_boost]

Shit can I still enter this?


Originally posted by max_boost
I'm done for the day.

AAA 8900 shares. Going to hold it and hope for the best. :nut:

This was back on Jan 28th and I got in at $1.35

AAA Allana Potash

Today's closing $2.08.

My only pick.

:D

[natejj]

Originally posted by troyl
davidI WEB-V 88.89%
troyl BOE-V 81.76%
slcchyd TBE-T 40.58%
Magia TEC-T 39.86%
yellowsnow NML-V 38.37%
codetrap CLM-T 29.95%
codetrap CUM-T 26.18%
Feruk NVS-V 24.27%
tch7 NWE-V 20.00%
davidI NWE-V 20.00%



https://spreadsheets.google.com/ccc?key=0An5BtVeH9JapdGMzdWE4eVBLSnBHR0p4ekJ4bWZIR2c&hl=en&authkey=CJDbtMQP#gid=0

Thanks for doing this dude, very cool.

Ragu and B20EF.... Keep your day jobs :P

[autosm]

Originally posted by Magia
I never posted my 3rd pick... mainly because I bought so little of it.

Wish I had stocked up on it though:

Poynt - TSX Venture (PYN)

Shoulda put the house on this one!


To late to get in ?

[SJW]

I don't think so. It should rally this week.

[natejj]

Originally posted by SJW
I don't think so. It should rally this week.

I'm gonna take a shot at it.... if it does, I'll buy you a case of beer. :D

Edit Wait, It's Magya I will owe the beer...

[Magia]

Originally posted by natejj


I'm gonna take a shot at it.... if it does, I'll buy you a case of beer. :D

Edit Wait, It's Magya I will owe the beer...

Good call! And it should, this thing has long term potential in the dollar range...

[Goo_wak_jai]

I'm surprised no one put int, ppi or gwg in here

[Goo_wak_jai]

Intertainment Media Inc. (INT)
Passport Potash Inc. (PPI)
Great Western Minerals Group Ltd. (GWG)

[SJW]

Lol made another 1400 on PYN.

[Feruk]

I don't get it, what does PYN do exactly? Why are they growing so fast? The IT sector is one I totally don't understand.

[TorqueDog]

Originally posted by Feruk
I don't get it, what does PYN do exactly? Why are they growing so fast? The IT sector is one I totally don't understand. Ever heard of the BlackBerry/iPhone application 'Poynt'? That's them.

I'm shocked at the jumps they've taken in share price.

[bitteeinbit]

There aren't penny stocks so I don't expect 200% returns on them but should be good long-term.

CLQ
TRE
DOL (slow and steady...)

[davidI]

Too bad I didn't do all the DD I wanted to do before making any of my picks. I've been panning to put a bunch of "risk money" on pennies in my TFSA.

Oh well, back to chilling on the beach in Thailand watching hot Scandinavian girls work on their nipple tans.

[B20EF]

Originally posted by natejj
Ragu and B20EF.... Keep your day jobs :P

http://i232.photobucket.com/albums/ee174/b18c_ek/gil.jpg

[mr5oh]

Originally posted by TorqueDog
No kidding! Not damn bad. I had no idea Poynt was Canadian.

not only are they canadian, they're a Calgary based company.


Poynt Corporation
304, 5819 – 2 Street SW
Calgary AB, Canada
T2H 0H3

[themack89]

Maybe you guys should also keep track of absolute gains since the date of their pick...

It's the same story when you say someone has made 100% gain on $1000 as opposed to a 10% gain on $10,000.

Unless that same person would be willing to put $10k on that penny stock bet. Buying power should be relative methinks!

I don't know its hard to explain, surely someone knows what I'm getting at. :)

[Kritafo]

We did very well on ppi-v, got in back in Jan and sold near the high....very happy!

[TorqueDog]

Originally posted by themack89
Maybe you guys should also keep track of absolute gains since the date of their pick...

It's the same story when you say someone has made 100% gain on $1000 as opposed to a 10% gain on $10,000.

Unless that same person would be willing to put $10k on that penny stock bet. Buying power should be relative methinks!

I don't know its hard to explain, surely someone knows what I'm getting at. :) Totally.

Aside; I do all my trading through a TFSA with Questrade. Unfortunately, TFSA rules disallow holding short positions. I had a couple of short plays I wanted to make that would have, in hind sight, paid off very nicely.

[SJW]

I have 20,000 shares of poynt that i've been flipping.

Now i have em at .20

Not going to flip any more because I think it'll jump to .35 cents here soon.

I made 5K on them in the past coupla weeks.

[broken_legs]

Originally posted by TorqueDog
Totally.

Aside; I do all my trading through a TFSA with Questrade. Unfortunately, TFSA rules disallow holding short positions. I had a couple of short plays I wanted to make that would have, in hind sight, paid off very nicely.

buy puts.

[natejj]

Originally posted by SJW
I have 20,000 shares of poynt that i've been flipping.

Now i have em at .20

Not going to flip any more because I think it'll jump to .35 cents here soon.

I made 5K on them in the past coupla weeks.

I wish I had luck like you. PYN kicked me in the balls. I bought at .25. Then it crashed to .17 the other day. I figured whatever, take my loss. Then back to .26 today. Sigh, I'm afraid to get back in haha.

[SJW]

Originally posted by natejj


I wish I had luck like you. PYN kicked me in the balls. I bought at .25. Then it crashed to .17 the other day. I figured whatever, take my loss. Then back to .26 today. Sigh, I'm afraid to get back in haha.

Never pull out when it goes down like that.

It'll be up tomorrow morning to .275 then work it's way down to .255

If the wall comes down then it's off to 30.


I bought INT at .81 then it shot right down to .55 Yech. I only put in 1500 buck though. Keeping it in for the long haul now.

[TorqueDog]

Originally posted by broken_legs
buy puts. As far as I'm aware, most - if not all - TFSA accounts will not allow the selling of puts options or leveraging on margin.

EDIT: Just looked a bit further into it. From Questrade's site: Note: registered accounts (including TFSAs) can be approved up to options level 2, but they can only purchase calls and puts, and write covered calls.

[broken_legs]

Originally posted by TorqueDog
As far as I'm aware, most - if not all - TFSA accounts will not allow the selling of puts options or leveraging on margin.

It is true. You can buy and sell options in your TFSA.

Just double checked, I have full margin/short with in my TFSA with TD Active Trader.

Short order was just submitted OK, where as it is rejected as 'No Premissioned' from my registered accounts.

[troyl]

troyl BOE-V 76.35%
davidI WEB-V 72.22%
yellowsnow NML-V 58.53%
slcchyd TBE-T 45.41%
Magia TEC-T 32.17%
codetrap CLM-T 29.50%
autosm TDG-T 28.02%
codetrap CUM-T 24.43%
Feruk NVS-V 23.30%
Hi-Psi GPR-T 22.47%
Feruk TCW-T 21.24%


https://spreadsheets.google.com/ccc?key=0An5BtVeH9JapdGMzdWE4eVBLSnBHR0p4ekJ4bWZIR2c&hl=en&authkey=CJDbtMQP#gid=0

[bimmere92]

shieettt... who had mentioned that 50 cent stock?

HNHI - H and H imports

it took off...

[TorqueDog]

Can't buy OTC-BBs and Pink sheets in TFSAs. I really need to get into a margin account.

[natejj]

Originally posted by bimmere92
shieettt... who had mentioned that 50 cent stock?

HNHI - H and H imports

it took off...

Unreal... when he first mentioned it, it was like 10-20 cents. Hit a high of 1.50.....

[bmeier]

anyone in CUU copper fox?

it has been doing very well for me and they just released some news

[mr5oh]

Originally posted by bmeier
anyone in CUU copper fox?

it has been doing very well for me and they just released some news

I've been playing around with CUU for a couple years now.
Unfortunately I sold out a while back, and haven't bought back in.

[troyl]

troyl BOE-V 91.2%
davidI WEB-V 61.1%
slcchyd TBE-T 47.8%
yellowsnow NML-V 47.3%
Hi-Psi GPR-T 39.2%
autosm TDG-T 30.0%
codetrap CLM-T 29.7%
Magia TEC-T 29.4%
Feruk NVS-V 24.3%
troyl GFS-V 22.1%


https://spreadsheets.google.com/ccc?key=tc3ua8yPKJpGGJxzBxmfHGg&hl=en&authkey=CJDbtMQP&pli=1#gid=0


What will tomorrow bring?

[yellowsnow]

If anyone is watching to get into NML-V, there's big news coming in 2 days apparently. just reading the bullboards on stockhouse. i got tons invested in this company now...

fingers crossed!:clap:

[snoop101]

I been in SDVI for around 2 1/2 years. This year is going to be amazing. One of the best penny stocks right now.

Lots of DD here http://investorshub.advfn.com/boards/board.aspx?board_id=6837 But you will need to create an account (well worth it though if you do US stocks).

[SkittleFreak]

Originally posted by snoop101
I been in SDVI for around 2 1/2 years. This year is going to be amazing. One of the best penny stocks right now.

Lots of DD here http://investorshub.advfn.com/boards/board.aspx?board_id=6837 But you will need to create an account (well worth it though if you do US stocks).

so from lesst then 1/4 of a penny to something good? That webpage doesn't seem very promising, read some news reports, might look more into it. we will see

[snoop101]

Originally posted by SkittleFreak


so from lesst then 1/4 of a penny to something good? That webpage doesn't seem very promising, read some news reports, might look more into it. we will see

Investorhub in general is just like a forum. Been on it for a while and pretty damn good. Some pretty smart people on it. You can find just about every stock there. Some people do a lot of DD so a good place to go, but always do your own DD.

[Zewind]

my picks are
TSLA
CRJ.TO
UUU.TO
RAB.TO

[desmond]

Hi. Im new in stock trading business in Canada. Can someone recommend a dependable brokerage where i can trade stocks online?
Thanks

[Feruk]

I've heard Questrade is really good. Use the search function, there was a thread on which brokerage to use months ago.

[Zewind]

I just started with Questrade - Easy to trade and cheap.

Customer service is horrible - expect approx 2 weeks to set up an account



I cant remember if someone was talking about AMB.TO but news release they are being pulled off the TSX effective Mar 4

[troyl]

troyl BOE-V 73.65%
Hi-Psi GPR-T 73.57%
yellowsnow NML-V 55.04%
slcchyd TBE-T 50.72%
davidI WEB-V 41.67%
troyl GFS-V 38.64%
Magia TEC-T 32.87%
autosm TDG-T 31.88%
codetrap CLM-T 29.35%
Feruk TCW-T 20.81%



https://spreadsheets.google.com/ccc?key=0An5BtVeH9JapdGMzdWE4eVBLSnBHR0p4ekJ4bWZIR2c&hl=en&authkey=CJDbtMQP#gid=0

[slcchyd]

Originally posted by troyl
troyl BOE-V 73.65%
Hi-Psi GPR-T 73.57%
yellowsnow NML-V 55.04%
slcchyd TBE-T 50.72%
davidI WEB-V 41.67%
troyl GFS-V 38.64%
Magia TEC-T 32.87%
autosm TDG-T 31.88%
codetrap CLM-T 29.35%
Feruk TCW-T 20.81%



https://spreadsheets.google.com/ccc?key=0An5BtVeH9JapdGMzdWE4eVBLSnBHR0p4ekJ4bWZIR2c&hl=en&authkey=CJDbtMQP#gid=0

bought GFS at 9.65 after troyl recommend ,great stock! thanks troyl BTW, what is your target price of GFS ?

[el_fefes]

Originally posted by el_fefes
CMM.V - Century Mining . hoping for this to double this year.
EFG.V - First Gold Exploration. They're into REEs not gold so they need a name change. Could be big but it trades weirdly. 5 good NRs positive news results, resources on the ground and it's at a lower price than 3 months ago. :dunno:

CMM.V has gone up 29.41% since Jan 7 for me. :)

EFG.V (now CRE.V) is a bit lower.

[Hi-Psi]

GPR is kicking serious ass the last month. 8-12% gains daily!

[ragu]

^ I got out too early :(

[2LOW4SNOW]

Originally posted by Zewind
I just started with Questrade - Easy to trade and cheap.

Customer service is horrible - expect approx 2 weeks to set up an account




No kidding, their customer service lately has been subpar. They have recently changed everybody's account numbers, and I’m sure they are swamped with questions about this. They say the new system will be much better.

Put in my name as a referral if any beyonders decide to sign up "shaun". I think I get some kind of kick back.

[SneakyNeek]

anyone have any opinions on SNRS.PK

Sunrise Consulting Group.

They are in full production on making solar powered chargers for smartphones and GPS.

They have signed with apple and are working on TOMTOM Garmin etc..

I bought 300$ worth of stock, it got me something like 1.5 million shares. I hope it does what sirus radio did when they were a penny stock.

[Zewind]

Originally posted by SneakyNeek
anyone have any opinions on SNRS.PK

Sunrise Consulting Group.

They are in full production on making solar powered chargers for smartphones and GPS.

They have signed with apple and are working on TOMTOM Garmin etc..

I bought 300$ worth of stock, it got me something like 1.5 million shares. I hope it does what sirus radio did when they were a penny stock.

now im very new to this - but apperently i cant buy pink sheets in a TSFA account? :dunno:

[cloud7]

Originally posted by Zewind
I just started with Questrade - Easy to trade and cheap.

Customer service is horrible - expect approx 2 weeks to set up an account



I just opened an self directed RRSP account on Sunday (Feb 27th) and funded the account and completed the application and ready to trade today (Mar 1)... but that's just my experience.

I am new to this as well and have no idea what I am doing. Should I just pay around with trading a few stocks and see what happens (pay my dues so to speak)? Or do you guys have any advice for me?

[SneakyNeek]

Originally posted by Zewind


now im very new to this - but apperently i cant buy pink sheets in a TSFA account? :dunno:


Yes I believe most of the PK stocks are OTC. So basically you have to call in to wherever you set up your investing account and get them to order the stocks. Its very irritating as sometimes there hard to get a hold of.

[Zewind]

Originally posted by SneakyNeek



Yes I believe most of the PK stocks are OTC. So basically you have to call in to wherever you set up your investing account and get them to order the stocks. Its very irritating as sometimes there hard to get a hold of.

Ok, thanks, i think ill just pass on these

[SneakyNeek]

you may want someone else to verify this tho, I am fairly new to this as well, but its what i have encountered so far.

[dawerks]

Stay away from Questrade, they are crap. For the 'money saved' it's not worth the aggravation of their entire system going down (no trades!), misplaced cheques (!), horrible even rude customer service.

I trade with TD and Cibc.

[tch7]

I haven't had any real problems with Questrade's customer service. Never had to wait more than 24 hours for them to do something or respond. It's not the most stable platform, and definitely not a good one for day trading where timing is key. The new myQuestrade is definitely an improvement, even with the few hiccups that came with implementing it.

Originally posted by cloud7
I am new to this as well and have no idea what I am doing. Should I just pay around with trading a few stocks and see what happens (pay my dues so to speak)? Or do you guys have any advice for me?
It'd be wiser to make use of the free 30-day trial account they offer where you play around with fake money. It'll familiarize you with some of the terms, charts, values and other such things.

In the meantime you could dump your real money into something fairly safe like XIU, which is a good one to hold long-term.

[troyl]

Originally posted by slcchyd


bought GFS at 9.65 after troyl recommend ,great stock! thanks troyl BTW, what is your target price of GFS ?

Not really sure on a target, lots of hype in the stock now. Pretty much skys the limit on this one. Lots of recent discussion and talks, in the NE USA, of banning typical hydraulic fracturing as they are finding contaminates in the water. Along with large amount of contaminated water that must be disposed of which is a by-product of typical fracking.

This is all great news for GFS. I wouldnt be surprised to see someone possibly snap them up. Do some DD yourself to see the potential here. I am not selling here should see 18+ in the coming months, if they keep proving themselves and avoid any more "incidents."

Then again this is the stockmarket and we could go back to $5 in a heartbeat, only wager what you can loose. Maybe we will get a TSX listing soon???

[B20EF]

Originally posted by Zewind
I cant remember if someone was talking about AMB.TO but news release they are being pulled off the TSX effective Mar 4

That was my stock pick. But I was watching them from $0.015, then watched them climb to $0.19 and now die. I never did buy any shares of it though, just watched it.

[FlamingC19]

Good time too enter GPR or GasFrac anyone? Not sure what I'll go with...any reccomendations?