Official Short-term Investments Thread

[troyl]

Originally posted by SilverRex
lol someone or fund picked up 5m+ shares of MEG in the last few minutes before market closed today. MEG.to has never had this much volume let alone buying it since maybe what like 5 years ago?

whats the deal here? insider trading ? either way my position kicked in a 4.21 so at least im not the only one riding this up or down

Big volume indeed. After close there were ~6.7 million worth of Block trades as well. Maybe houses moving positions around at month end? Or maybe a deal in the works, maybe a buyer for their stake in access.

[revelations]

Originally posted by SilverRex
the general EW community is all pointing to the stock market expecting one more leg down to complete the correction. then the feeling is that everything will go up together

Going up, based on Fundamentals (like the Fed starting QE4) or Technicals somehow ? (all major signs point to a protracted downtrend).

[BavarianBeast]

Twin buttes gone 6 cents to 17 cents in 10 days.

Wow weee

[SilverRex]

this is a key week indeed with the dollar gaining strength of late it has the possibility to push upward to the extreme. Hopefully this is what will cause gold to crash hence leading the miners into a healthy correction.

if dollar does continue to gain strength then i have to be careful playing oil. exited hou for a small profit as it tracks the price of oil. Meg I will hold on a little longer until I need the funds to be re-invested into metals sector once I see prices reach a good entry level beginning with gdx at 17 follow by 15

[Manhattan]

Originally posted by SilverRex
if dollar does continue to gain strength then i have to be careful playing oil.

Oil leads to our dollar's strengthening. Not the other way around.

[SilverRex]

Originally posted by Manhattan


Oil leads to our dollar's strengthening. Not the other way around.

even better if that is the case

[sabad66]

Originally posted by BavarianBeast
Twin buttes gone 6 cents to 17 cents in 10 days.

Wow weee

Tell me about it... i had an order in for 6.5c last week when it was trading at 7c and it wouldn't hit. Next day it starting shooting up. So pissed i missed out just cuz i was being a cheap ass for half a penny lol

[BavarianBeast]

Originally posted by sabad66

Tell me about it... i had an order in for 6.5c last week when it was trading at 7c and it wouldn't hit. Next day it starting shooting up. So pissed i missed out just cuz i was being a cheap ass for half a penny lol

That's too bad man. I didn't buy any but a coworker was looking for a risky play a couple weeks ago and I mentioned TBE, he got in at $.065. Needless to say, he thinks I'm a hero now haha.

[ercchry]

I need to see $0.40 on tbe

Lre vote should be done? Stock price is finally reflecting the deal

[BavarianBeast]

LRE does look like a decent buy. I ended up dumping a good chunk of my cash into Bellatrix, I think it's a bargain below $3..

[bjstare]

Right now I'm trying to decide whether I should hold POU over earnings or not. I'm expecting to see potentially big swings either way depending on whether or not they beat expectations.

They've seen a bunch of positive movement lately, so I was considering unloading and waiting for the next drop in oil to get back in. Now I can't decide.

[BavarianBeast]

Don't be a poosy and hold that shit

[SilverRex]

would be nice if there is a take over announcement for MEG by IMO or SU if so they better do it while this is probably the only period I am holding some shares for a couple of days.

[SilverRex]

nothing new under the sun. im still waiting for gold to pull back below 1200 and added hou this morning as I feel oil has a chance to retest 37. support now rose to just under 33. will continue to hold MEG as long as support holds and see how high it can run

[SilverRex]

MEG coming up a short term resistance near 4.90, selling half of my position

[asp integra]

Nice gain by TCK today.

[SilverRex]

sold all my Meg today. as long as oil continues to look bullish short term will buy back Meg on dips. I could regret this chart looks like it is poise to retest 6.00 and so oil needs to breakout and close above 34.80 for this to happen imo

still a 16% gain after 2 days, not shabby. not going to complain as my main focus is to go long on precious metals

there is currently an up trend channel pointing to about 5.40-5.50

Not going to chase this thing but if Meg consolidates early tomorrow between 4.7-4.9 I may re-open a small position to see if this channel plays out for another 10% higher

[riander5]

Originally posted by asp integra
Nice gain by TCK today.

lol what is up with this stock? Was watching it when you mentioned it before figured i missed the boat then

[SilverRex]

well gold has finally begin to breakout from the triangle consolidation pattern targeting between 1260-1307. or will it produce a fail breakout only to sell off significantly like silver did over a week ago.

Either way the swings may be violent, I am still waiting on the side lines for cheaper mining shares so will see how the price moves

while I have exited Meg (it popped further up today) the higher it goes the riskier it becomes. I am still holding hou for a chance to see 37 oil unless 33.5 area support gets taken out then will have to revise my take on this sectors

[ickyflex]

Bought MEG on your analysis yesterday haha.. looking good!

Bought BTE in the low 2's as well.

Rallly Rally