Official Short-term Investments Thread

[jacky4566]

I moved everything to IBKR. Screw QT and thier fees...
I went from 3-400$/ month down to $50 so its worth switching.

Here is my referral:
https://ibkr.com/referral/jackson329

[asp integra]

IBKR is the best. Options contract pricing is so cheap

[Pacman]

I moved over from RBC to IBKR last year as I was tired of the fees that Royal Bank was hitting me with for option trading. I'm not a complex, high volume option trader but they start to add up.

I'm happy with IBKR. I don't use the software anywhere close to it's full capabilities for the type of trading I do. I can see why a lot of hardcore traders use it. Their software is antiquated and will take time to learn. I use their basic online system and find that complex. The downloadable desktop software looks like it was programmed in 1988 in the basement of a Stanford computer lab by programmers who never intended for it to be used by anyone other than themselves.

[killramos]

Tomorrow is going to be a very good day to be a Birchcliff shareholder

[DonJuan]

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Tomorrow is going to be a very good day to be a Birchcliff shareholder

Ok, why...

[killramos]

Huge special announced, 2023 guidance FCF is massively ahead of street expectations. they were projected to dividend $20MM this year before today, with todays announcement its $72MM… and another $213 next year.

They are just puking profitability with low base decline, low sustaining capex requirements, and heavy US physical gas exposure.

[ExtraSlow]

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puking profitability

I like that phrase

[mr2mike]

Have yet to see any O&G company that's puking fcf see that translate to share price bumps.
But proove me wrong. News seems already baked in based on previous 2 days... Must be a tight an active water cooler.

LOL they suspend to release the special dividend news?!

[ExtraSlow]

I'm not that kind of engineer, but I think they aren't unique in the puking department.

[killramos]

Well fuck Me I guess.

[bjstare]

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Well fuck Me I guess.

And it's only going lower as the morning goes on

Stonks are hard.

[ercchry]

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Well fuck Me I guess.

I was really tempted to post “so… sell?” After your post yesterday

I hate this market

[killramos]

FWIW I don’t actually own them, I was just impressed by the release.

Maybe I should buy a position lol

[DonJuan]

Am I sure glad my computer decided it needed to do a 2h update this morning.

[asp integra]

"buy the rumor, sell the news"

[mr2mike]

Beat me to that.

I swear great company news does not move a stock anywhere in energy sector. Needs to be a political release.

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FWIW I don’t actually own them, I was just impressed by the release.

Maybe I should buy a position lol

I'm holding AAV solely for ng holding. But BIR is another gas weighted player.

[killramos]

I have very overweight Canadian NG exposure.

[roopi]

95% of my portfolio is Oil and Gas but I decided to add Birchcliff after the drop.

[DonJuan]

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95% of my portfolio is Oil and Gas but I decided to add Birchcliff after the drop.

I'm toying with this idea too. If it can drop $1 in a morning, it can rise $1 also. Double meat subs by end of trading? Maybe.

[ExtraSlow]

Us oil and gas people are terrible at advising investment. We are all too enthusiastic.