Official Short-term Investments Thread

[ercchry]

Originally posted by Vanish3d
Pure luck got me in JNUG at 6.35 and just came back from early lunch.... sell or hold

I hope you're still holding

This should be wave 1 of A up... or something, my technical knowledge is solely from this thread

[Khyron]

Effective Dec 9, 2016 two leveraged oil ETFs, UWTI and DWTI, will no longer trade on any national securities exchange in the U.S. Orders to purchase these securities are currently being accepted but this is subject to change at any time. Please use caution when placing buy orders for UWTI and DWTI.

Govern yourselves accordingly.

[bball2]

Originally posted by Khyron


Govern yourselves accordingly.

So what happens if you're still holding stocks in those ETF's on Dec 9? Are you forced to sell?

[ercchry]

That's crazy, wonder what the reasoning is behind that? Force speculators to invest in actual companies?

[Kloubek]

Originally posted by degeneratetrader
MT paid off. up 30% today

What made you buy mt? Didn't look like that enticing of a stock prior to the spike.

[Vanish3d]

Originally posted by ercchry


I hope you're still holding

This should be wave 1 of A up... or something, my technical knowledge is solely from this thread

nope, got out at 6.9 on the way up then kicked myself, but looks like it dropped... might buy at close

[dandia89]

Originally posted by bball2

So what happens if you're still holding stocks in those ETF's on Dec 9? Are you forced to sell?

pretty sure you just won't be able to sell through this period. Probably trying to reduce dramatic ups/downs like the marijuana stocks

[ercchry]

Originally posted by dandia89

pretty sure you just won't be able to sell through this period. Probably trying to reduce dramatic ups/downs like the marijuana stocks

They decided on this a couple weeks ago... it's not a freeze, they are delisting them indefinitely

http://etfdailynews.com/2016/11/16/t...wn-next-month/

[cidley69]

Are HOD/HOU at risk of going away also?

[degeneratetrader]

Originally posted by Kloubek


What made you buy mt? Didn't look like that enticing of a stock prior to the spike.

just seemed undervalued when compared to the other LPs in terms of market caps and revenues

[SilverRex]

Originally posted by Vanish3d
Pure luck got me in JNUG at 6.35 and just came back from early lunch.... sell or hold

well tomorrows payroll would be interesting.

one note though, gold has been in some seriously extreme oversold condition not seen for decades. which means we are in un charted Territory. is this a sign that gold has crashed and no bounce in sight?

maybe, but could it be that we will now witness one of the greatest rises in this secular gold bull market? especially once the rate hike comes and goes. a good possibility

i have read that gdx and gdxj has been on a BoW (buy on weakness) list 3 days in a row.

notice how miners are recovering very well almost daily. the fact that gold continues to make new low yet miner still has not even broken the low on Nov 14 has been wondering...this is a very bullish development imo

i am fully invested in this sector so time to just sit back and do nothing but watch

[littledan]

Originally posted by quick_scar


I am (ACB). Long term play for me.

I'm in ACB long and am going to add to my position if the price touches $2.50 today.

You want some crazy valuation??? check out ICC... $100MM valuation for a company that will have to sell @ $1/gm, has cost of production at 0.60/gm, would need their customers to get fingerprinted by the government, and btw, those same customers can grow their own in a place with a super moderate climate...

[ercchry]

Pretty happy about grabbing those miner contracts yesterday... doubled up so far!

[taemo]

only MJ stock i have is APH and GLH, APH is long term as to me it was the company that made more sense.
GLH was just for fun and even if I lose, didnt put much on it.

Sold ACB and EMH, might possibly pick up OGI too for long term and maybe CGC but I find the later too volatile for my taste, good for day traders but not for me

[degeneratetrader]

Originally posted by taemo
only MJ stock i have is APH and GLH, APH is long term as to me it was the company that made more sense.
GLH was just for fun and even if I lose, didnt put much on it.

Sold ACB and EMH, might possibly pick up OGI too for long term and maybe CGC but I find the later too volatile for my taste, good for day traders but not for me

CGC will probably fall after the acquisition but then it'll climb back up. definitely wait until then if you're looking to pick up some short term.

[Vanish3d]

felt like gambling over the weekend. Picked up LABU / DGAZ / JNUG a few minutes before close.

Let's see gap ups/downs monday

[bspot]

CEMP broke out for a 16% day. Considering that almost half my portfolio is CEMP that made for a pretty good day

Still tons of room to run up. I have to do some serious thinking about my exit strategy as the PDUFA date is approaching.

I'm willing to leave part of my position long for months/years waiting for a buyout, but obviously the longer I hold that much, the more risk I'm exposed to.

Any advice is welcome

My current thinking being that antibiotic resistance is becoming one of the critical medical issues of our time, I just can't see any way this doesn't get approved as it has proven efficacy.

[bspot]

Italy sends gold running. The question is, will the move continue? Or sell this pop like Brexit and Trump?

[bspot]

Looks like the pop won't even make it til morning. As you were.

[ercchry]

Usually isn't a ton of volume till North America opens for the week... only time will tell