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Thread: Official Short-term Investments Thread

  1. #32881
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    Hmm.. Strictly because it's November, I'll let it bleed a bit more closer $1.50. Might be a weird/dumb reason, but I'll start a position around there.
    Gonna do more DD on this one.

  2. #32882
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    Quote Originally Posted by SilverRex View Post
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    gdx

    im surprised gdx wasnt able to muster enough momentum to hit the big resistance area around 21. Now that it has overlapped the previous wave high, chances are lower lows could be ahead. However gold remains strong and if gold can still hit that targeted breakout move to 1260, it could turn gdx into a bullish 1-2, 1-2 count. for the being I would say the count looks neutral. and closing below 18.14 will be the final nail to confirm the more bearish ABC headed downwards.

    Well...I own Some MUX.TO, USA.TO, HIVE and JNUG. all of which I am WELL down on. hehe, What a disaster...anyone have a crystal ball with good news about precious metals to curb my anxiety? SilverRex, still thinking anything below 18.14 GDX will signal further down side for the gold market sector? Seems we are heading there...

  3. #32883
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    Quote Originally Posted by Disoblige View Post
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    Hmm.. Strictly because it's November, I'll let it bleed a bit more closer $1.50. Might be a weird/dumb reason, but I'll start a position around there.
    Gonna do more DD on this one.
    Good call

  4. #32884
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    Suncor and Pembina are both great short or long term plays right now. I prefer to keep them short term, buy on a dip and sell with a decent little profit, then rebuy on another dip.

    Pembina made 300mil on their Redwater facility last year, they're forecasting 600mil going forward. Pembina is slightly sheltered from oil which is great with the way things have been.

    Suncor is in a slump due to oil prices, but they are very well situated and will come out of things better than any of these other Canadian oil sands projects.

    I already did a 2 day flip on these for 1000$ each a few days ago. I'm back in on Suncor as of last weeks slump.

  5. #32885
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    fuuuuuck why can't we just light up that Saudi prince

  6. #32886
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    Quote Originally Posted by Misterman View Post
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    Suncor and Pembina are both great short or long term plays right now. I prefer to keep them short term, buy on a dip and sell with a decent little profit, then rebuy on another dip.

    Pembina made 300mil on their Redwater facility last year, they're forecasting 600mil going forward. Pembina is slightly sheltered from oil which is great with the way things have been.

    Suncor is in a slump due to oil prices, but they are very well situated and will come out of things better than any of these other Canadian oil sands projects.

    I already did a 2 day flip on these for 1000$ each a few days ago. I'm back in on Suncor as of last weeks slump.
    I really feel like I should've done that with Cenovus. They hit up to 50% gain a couple times before dipping back to 15%. I'd be up a couple K if I'd done that, but I originally convinced myself to buy Cenovus long so I didn't want to deviate from the strategy.
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  7. #32887
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    What a depressing past couple of months. I keep thinking I should liquidate my stocks and buy a couple carrera GTs. Probably do better holding cars than stocks right now!

  8. #32888
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    Quote Originally Posted by BavarianBeast View Post
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    What a depressing past couple of months. I keep thinking I should liquidate my stocks and buy a couple carrera GTs. Probably do better holding cars than stocks right now!

    I feel your pain man. For what its worth, I've lost a tonne. Funny enough, I never invested much in stocks until the last year or so. I've always wasted money in cars. At least with cars I had something to show for it.
    2016 Tesla Model X
    2018 Lincoln Navigator
    2016 Porsche GT3 RS

  9. #32889
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    If you’re picking losers consistently... try hitting the sell button instead of the buy one

  10. #32890
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    Sorry to hear VWEVO. Sucks that when you decided to get into the market, everything goes south. I've heard of numerous folks talking about their retirement funds going up in smoke this year, depressing times for a lot of people.

    It's not that I'm picking losers consistently, it's just the losers have done a lot worse than my good picks. I've got a very diverse portfolio, but fuck the only gain I've really seen since September has been a short position I opened up on WEED and my position in Thompson Reuters...

    Hard for me not to play the stock market as it's done well for me in the last 10 years, but this last quarter has just been a fucking slaughter.
    Last edited by BavarianBeast; 12-13-2018 at 10:33 PM.

  11. #32891
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    Shiet, take a ride in the TTRS and all will be right in the world again

    I kid, I kid, but losses can be a huge bummer.

  12. #32892
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    That's the game I suppose. Win some, lose some. Can't always be sunshine and roses.

    Cars do make everything better though..

  13. #32893
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    I feel you guys haha
    Originally posted by rage2
    Shit, there's only 49 users here, I doubt we'll even break 100
    I am user #49

  14. #32894
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    Quote Originally Posted by ercchry View Post
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    If you’re picking losers consistently... try hitting the sell button instead of the buy one
    Legit I looked at this as a strategy for trading. They say 90% of people lose money in the stock market, which means doing the opposite of what everyone else is doing should net a profit. Basically just short anything you get a tip on. So far I don't think there has been a single thing I could've lost on by doing this the last few years.

  15. #32895
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    ...
    Last edited by Sugarphreak; 08-18-2019 at 03:12 PM.

  16. #32896
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    Quote Originally Posted by Sugarphreak View Post
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    Yeah, but then you'd be branded a "panic seller"... lol
    you buy more! it's on sale! cheap cheap

    lol hurts to look at the portfolio

    was okay with losing all my gains but now it's dipping into the red!
    Originally posted by rage2
    Shit, there's only 49 users here, I doubt we'll even break 100
    I am user #49

  17. #32897
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    Quote Originally Posted by Sugarphreak View Post
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    Yeah, but then you'd be branded a "panic seller"... lol
    You can still panic sell shorts! But yeah... I think you confused an investing platform for a trading one... completely different strategies

  18. #32898
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    Bought some BTE today at $2.

  19. #32899
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    Quote Originally Posted by phreezee View Post
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    Bought some BTE today at $2.
    Step energy is looking very attractive at <$2

  20. #32900
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    Quote Originally Posted by vengie View Post
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    Step energy is looking very attractive at <$2
    Services are too risky given the expected low capital budgets next year. Would consider at ~$1.50.

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