Official Short-term Investments Thread

[-relk-]

Originally posted by max_boost
WJA+6% lol

Air Canada was up 10% at one point too.

TMA (Trimac transportation) up a little today as well, been eyeing this one for a long time, waiting for it to get in the 6.75ish range again to pull the trigger

[GT.....O?]

BTE down huge... 15% @ 25.38... Anyone buying?

Since everyone here seems to love BTE lol

[slick2404]

I need more buying powaaaaaaarrrr

[ExtraSlow]

Originally posted by GT.....O?
Since everyone here seems to love BTE lol

Not everyone here loves BTE. I feel like they are poorly managed and wouldn't survive a downturn well.

[civic_rida]

Made some money on bne in and out.

[Feruk]

Initiated position in RRX.

[icky2unk]

Originally posted by Feruk
Initiated position in RRX.

Really contemplating hard on RRX. Seriously such a low cost producer and has always executed well on quarters.

Hard not to like them. My average on 1000 shares is close to $8.90, contemplating hard on averaging down hard at todays price.

[BavarianBeast]

Who mentioned PTK several months ago? I think somebody mentioned it when the stock was about $1.50-$1.70, took a nice run up to $2.80 and then back down again.

I'm watching it closely now and am now thinking about taking another position.

I do not know sweet fuck all about the semi-conductor industry, but for those that do, what do you think of POET?

[themack89]

Originally posted by BavarianBeast
Who mentioned PTK several months ago? I think somebody mentioned it when the stock was about $1.50-$1.70, took a nice run up to $2.80 and then back down again.

I'm watching it closely now and am now thinking about taking another position.

I do not know sweet fuck all about the semi-conductor industry, but for those that do, what do you think of POET?

Originally posted by Superman403
Just a heads up tip.

Check out Poet Technologies. PTK (or POETF).

[Type_S1]

Hopefully we will see a rally Monday....doom and gloom today for Energy, some other sectors are doing alright though.

[themack89]

Payday on cattle today baby!!!!!!!!!!!

[BavarianBeast]

^ Nice. At least someone is happy.

I'm now routing for my big biotech play to triple so I can forget about all the money that I'm bleeding haha.

[themack89]

Originally posted by BavarianBeast
^ Nice. At least someone is happy.

I'm now routing for my big biotech play to triple so I can forget about all the money that I'm bleeding haha.

Just 1 play? What is it?

I got my dad to buy big into a biotech ETF which mostly holds small and micro cap biotech's. He loves it, such a resilient position and relatively uncorrelated with the market.

Only reason I don't own any is because its not capital efficient for how much $ I have.

[Env-Consultant]

Originally posted by Feruk
Initiated position in RRX.

Follow suit about 10 minutes ago.

RRX and....even though I said I'd never buy them... PWT. The price is just too low not to buy them right now - dividend cut or not. I'm planning on leaving the coin in for at least 6-12 months though - I really like how RRX is looking.

[Feruk]

Originally posted by Env-Consultant
even though I said I'd never buy them... PWT.

I threw up a little in my mouth. Having said that, I have $10 January calls on them that I bought a week before the accounting scandal. I worked there for some time and learned that just when you think it can't get worse, it ALWAYS does.

[Env-Consultant]

Originally posted by Feruk

I threw up a little in my mouth. Having said that, I have $10 January calls on them that I bought a week before the accounting scandal. I worked there for some time and learned that just when you think it can't get worse, it ALWAYS does.

Hahaha - I'm so ashamed of myself right now. The accounting scandal was icing on the cake - I've always hated them for bleeding themselves of cash through absurd dividends (I have my own thoughts on high dividends that I'll keep to myself). Now it's time to use and abuse PWT to make some cash.

[BavarianBeast]

Originally posted by themack89


Just 1 play? What is it?

I got my dad to buy big into a biotech ETF which mostly holds small and micro cap biotech's. He loves it, such a resilient position and relatively uncorrelated with the market.

Only reason I don't own any is because its not capital efficient for how much $ I have.

Well I've been following ARIAD pharma since they had their drug pulled from the market and was crushed from about $22 to $2.

Drug is now back on the market and is becoming approved in many other countries, they also just received breakthrough designation on one of their drugs they are in the process of becoming FDA approved. I managed to average down to about $6.10 a share, and it looks like the stock is finally making the right moves to become a rocket ship.

It's a pretty risky play, like most biotech but my gut just makes me feel good about this one..

[Sugarphreak]

...

[quick_scar]

Originally posted by Sugarphreak

Hard to get a solid read on the market, it looks like investor confidence is exteremly low. What I can't figure out is if we are going to get an upward correction this week, or if the markets are just going to bleed out for the rest of this month.

I am betting on the latter and have the money that matters to me out in cash (been out for a couple weeks now. Will probably jump back in after new years). Stuff I am already hugely underwater on (i'm looking at you NFK/DXE) is in a holding pattern till they either do something again down the line, or go bust completely.

[CompletelyNumb]

Originally posted by quick_scar


Stuff I am already hugely underwater on (i'm looking at you NFK/DXE) is in a holding pattern they they either do something again down the line, or go bust completely.

I'd like to forget about those shares completely destroying my overall profit/loss on my tfsa.