Official Short-term Investments Thread

[themack89]

Sugar, I am curious, since you seem to be a good day trader. Could you post your last quarter statistics? You don't need to divulge your account capital, etc. Just the stats against benchmarks would be sweet.

[lasimmon]

He probably only talks about his wins like most people.

[CompletelyNumb]

I have a bunch of red numbers in my P and L report right now. Does that count?

[slick2404]

Originally posted by icky2unk
I'm just sitting and watching.

Have capital gains still in TOU so just letting it ride...
TBE no point in selling at 77 cents lol, will increase position if it goes to the 60s
RRX averaged at about 8.25, will increase position if it touches 5.5s
AD up about 25%, may increase position a bit today as it's 0% oil related and got swatted close to 10% today.
WCP i'm pretty flat on so will just ride it out and may increase position if it touches 9.5s
CJ i'm watching pretty closely right now. May initiate a position in the lower 10s
Also looking to reenter my pipelines of which I sold close to their highs.. ALA in the 38-39 range hoping to get in, IPL in the 30-31, VSN in the 15-15.75 range. Would have liked to have gotten back in KEY but blacked out right now.
Also seeing if CPG touches back down to the lower 20s and i'll probably get back in there and I'll touch back into BTE if it hits lower teens (12-13).

Have about 30% of my capital in HOD as I wait things out for the dust to settle with oil. It's just all speculators driving the price down and Saudi doing the same thing it has done for the past 3 months.

Any plans to average down on TBE and WCP? I'm also in LRE just riding it out at this point.

[roopi]

Originally posted by lasimmon
He probably only talks about his wins like most people.

Sugarphreak doesn't lose at anything and if he does it isn't spoken of again.

[Feruk]

Originally posted by Sugarphreak
Bought and sold Suncor within two minutes... made 200$

Today's low was $33.80 and the high after the open was ~34.40. If you paid $10 in commission on each side, I calculate you would've risked $12,600 to make $200, or about 1.6%. That's assuming best case scenario. Way too risky for me. Then again if I could do that daily, I'd retire very young.

[civic_rida]

I've been making money on RRX

[ercchry]

up 7.8% on CJ so far

[themack89]

Oh my god...

I dumped all of my Blackberry a few days ago, now Samsung takeover bid.

[ercchry]

Originally posted by themack89
Oh my god...

I dumped all of my Blackberry a few days ago, now Samsung takeover bid.

holy fuck! i dumped mine a while ago too

[themack89]

Originally posted by ercchry


holy fuck! i dumped mine a while ago too

lol... but I like literally just sold it. I posted it on my blog yesterday

That hurts worse than a losing trade

[icky2unk]

Originally posted by slick2404



Any plans to average down on TBE and WCP? I'm also in LRE just riding it out at this point.

I actually bought more WCP at $9.8 but I'm still convinced all these daily rushes up are going to reverse again quickly. I'll for sure increase my position further though.

Still haven't moved much else outside of what I said so still waiting.

Templeton is at 19.77% ownership of TBE, they increased their position by 5% over the course of December and they have a pretty good track record with returns to shareholders so that is always a good sign as well at shorts exiting the stock by 75% from Dec 15-31st. Can't see much downside if not even the shorts want to make money.

I have a fair amount of TBE shares but there really is no point in selling for me anyways. I'll add when it touches the 60's again, wasn't paying much attention today as it has been busy. I don't know much about LRE though.

[CompletelyNumb]

Originally posted by themack89
Oh my god...

I dumped all of my Blackberry a few days ago, now Samsung takeover bid.

Can't even blame you for that.

[lasimmon]

Originally posted by ercchry
up 7.8% on CJ so far

CJ?

[icky2unk]

Originally posted by lasimmon


CJ?

Cardinal Energy

[BavarianBeast]

Jesus fucking christ lol.

I dabbled in the cannabis market for a little bit while I had some spare time and could make several trades per day.

CANN is up from $1 to over $6 in just a few days. I thought about taking a small risky position around $1, may of worked out well for me.

That stock has been an absolute roller-coaster for investors. I had a friend who made over 1200% on them.

[Sugarphreak]

...

[riander5]

Originally posted by BavarianBeast
Jesus fucking christ lol.

I dabbled in the cannabis market for a little bit while I had some spare time and could make several trades per day.

CANN is up from $1 to over $6 in just a few days. I thought about taking a small risky position around $1, may of worked out well for me.

That stock has been an absolute roller-coaster for investors. I had a friend who made over 1200% on them.

That would have been about as good as rolling the dice. They dropped big time last year... and jumped.... because they won a lawsuit??

Nice for the guys that made big cash but that's just pure luck

[msommers]

I wonder why Cardinal is up. As far as I know, they aren't increasing their volume because they aren't giving us any work

[icky2unk]

Originally posted by msommers
I wonder why Cardinal is up. As far as I know, they aren't increasing their volume because they aren't giving us any work

The whole sector decided to run in the pm (incl wti prices).