Official Short-term Investments Thread

[Manhattan]

Which of these should I go with? TCK, NML, TBE...

Any other suggestions for junior oil with good financials and potential to be bought out would be appreciated.

[themack89]

Originally posted by Manhattan
Which of these should I go with? TCK, NML, TBE...

Any other suggestions for junior oil with good financials and potential to be bought out would be appreciated.

I opened a long in TCK when it was in its 21's. Copper is relatively cheap is the only reason I did it. And looove that high beta baby!

I think its still relatively decent here at 22.50.

[AudiPWR]

Fuuuuuuuuckkkkk..

Had a huge position in LQDT, took a 30% hit this morning after earnings release.. Not looking good at all.

[woodywoodford]

Ouch...suddenly the pullback on PPY/BIR I was gonna bitch about doesn't seem so bad.

Brutal


Edit/followup:
How do you guys figure out if a stock is being manipulated by traders? I suspect PPY might be as they had a huge run recently, have earnings out next week, and are up a couple percent at open, then down a few, then back in the positive and all over the place. I can't help but think traders are trying to bid the price down in order to get in at a better spot but not sure what signs to look for to prove it. Or whether that would warrant closing the position out anyway.

[themack89]

Originally posted by woodywoodford
Ouch...suddenly the pullback on PPY/BIR I was gonna bitch about doesn't seem so bad.

Brutal


Edit/followup:
How do you guys figure out if a stock is being manipulated by traders? I suspect PPY might be as they had a huge run recently, have earnings out next week, and are up a couple percent at open, then down a few, then back in the positive and all over the place. I can't help but think traders are trying to bid the price down in order to get in at a better spot but not sure what signs to look for to prove it. Or whether that would warrant closing the position out anyway.

You'd need access to Level II quotes and Time & Sales data. Even then, good luck figuring it out. People who are doing that stuff are smarter than your average Joe.

[icky2unk]

Energy sector today </3

[woodywoodford]

Originally posted by icky2unk
Energy sector today &lt;/3

Understatement of the year right there...and I was legitimately planning on emptying all my positions after getting back from lunch. Last time I have that "one more drink"

[icky2unk]

Originally posted by woodywoodford


Understatement of the year right there...and I was legitimately planning on emptying all my positions after getting back from lunch. Last time I have that &quot;one more drink&quot;

Not looking much better today unfortunately.

Heres to next week!

[woodywoodford]

I'm a little nervous though, energy's the performer of the year and the bubbles always grow where nobody's talking about. Which in this case is energy.....is this a correction or will it reverse???

[quick_scar]

Can anyone speculate on what might have happened with UBNT today?

https://www.google.ca/finance?q=ubnt...O8OtiALpi4GoAQ

Financials released yesterday, another record quarter, beat expectations, yet 25% drop in share price and huge quantities being traded today. (over 6 mill vs. 1.5 mill average)

People not liking that they are increasing R&D??

[mr2mike]

Excellent buy in day.
Market oversold in Energy, looks like it's already done the correction but still some gains to be had.

[Sugarphreak]

...

[max_boost]

It's May! Sell in May and go away!

[Inzane]

Originally posted by Sugarphreak
I am not playing the waiting game on them either, I bailed and took the losses.

Not a bad plan. My biggest mistake when I gambled on some risky penny stocks was not using stops.

By bailing you've imposed a stop on yourself.

[Sugarphreak]

...

[woodywoodford]

I vaguely remember QTrade emailing me that TSX no longer supports stop orders? Is this true?

[ercchry]

Originally posted by woodywoodford
I vaguely remember QTrade emailing me that TSX no longer supports stop orders? Is this true?

Questrade no longer supports stop and trailing stop orders on Canadian markets.

We would like to clarify that the stop and trailing stop orders on Canadian markets are disabled on all Questrade trading platforms. This is part of our initiative to maintain a fair and orderly market – US order functionality is unaffected. Stop limit and trailing stop limit orders will still be accepted.

We would like to correct the previous statement by stating that the removal of this order type was not a result of an IIROC mandate.

i dont get it... but i also never used them

[sabad66]

Originally posted by Inzane


Not a bad plan. My biggest mistake when I gambled on some risky penny stocks was not using stops.

By bailing you've imposed a stop on yourself.

Not a big fan of using stops on low float penny stocks... easy for the big guys to manipulate price and trigger everyone's stops for a domino effect. Been burned by it before and won't do it again.

[themack89]

Yellen won't let the market crash!

[khanan]

Originally posted by themack89
Yellen won't let the market crash!

Fingers crossed.

Does anyone know why PXX slipped?