Official Short-term Investments Thread

[997TT]

AAA gets fat fingered

There was apparently a fat finger trade on AAA today that momentarily sent the shares down to $1.30. All trades done below $1.76 and before 11:31 were apparently cancelled. I think reaction in the immediate aftermath was investors taking an opportunity to take profits on uncertainty. I have seen no other news, but will keep you updated if I do.

Got this from my broker. Man I had the buy screen up on 10k at $1.75. Then is jumped to $1.78 and decided I wasn't prepared to lose so bailed.

Glad I missed out. Lol
I'm prob the worse trader on this board.

[gyu]

Originally posted by DUBBED
Niether is particularly safe until reserve reports are published and the underlying value of these companies are established. Until then I would consider both highly speculative with the potential to lose everything.

That being said, the upside on both is huge right now given the current market conditions. I'm holding out until those reserve reports are public, and will likely unload before the holding periods on private placements/bought deals expire in april/june.

Any chance ppi will hit $2 like AAA?

[DUBBED]

There a chance it could hit $5, theres a chance it could hit $0. Welcome to the stock market...

[gyu]

Well of course...

[troyl]

Originally posted by max_boost
Count my blessing. I had a sell on stop at $2.20 for AAA and it was triggered. But damn what caused that huge sell off and then bounce back?

Don't know what to do about Teck.

Should have went for Agrium instead as they killed it.

Did you set your stop last night before open? Or did you throw it in this morning. Surprised you set it so close, or were you ready to take profit?



I heard there was a rumor that was going around that Ethiopia was going to take AAA's property. Pretty sure those trades wont get reversed. Can someone please confirm?

[93VR6]

Originally posted by troyl


Did you set your stop last night before open? Or did you throw it in this morning. Surprised you set it so close, or were you ready to take profit?



I heard there was a rumor that was going around that Ethiopia was going to take AAA's property. Pretty sure those trades wont get reversed. Can someone please confirm?

Press release for the trades in question.

ORONTO, ONTARIO -- (Marketwire) -- 02/09/11 -- Allana Potash Corp. (TSX VENTURE:AAA) ("Allana" or "the Company"), announces that the Investment Industry Regulatory Organization of Canada ("IIROC"), the regulation services provider of the TSX Venture Exchange, has ruled that all trades in the common shares of Allana that took place between 11:26:27 a.m. and 11:31:50 a.m. on February 9, 2011 at prices below CAD $1.76 per share will be re-priced to CAD $1.76 per share. The ruling is being made by IIROC on the basis that the trades were unreasonable.

[troyl]

^Thanks, guess i should have read the nr's

[93VR6]

Originally posted by troyl
^Thanks, guess i should have read the nr's

Haha np, any more information about the land being taken rumor or is it just that?

[mr2mike]

Originally posted by 997TT
I'm prob the worse trader on this board.

Nope, just beyond is full of ballers that never make a wrong trade according to their posts. They're all Freedom 25'ers, naturally.

[997TT]

Hahaha. Nice

PPI and HNU getting demolished. Man I'm itching to play something volatile but I will almost for certain lose $$$ haha

[mr2mike]

Ya don't buy HND... I'm doing well since I bought it, I don't need it turning around. jk

[max_boost]

Originally posted by troyl


Did you set your stop last night before open? Or did you throw it in this morning. Surprised you set it so close, or were you ready to take profit?



I heard there was a rumor that was going around that Ethiopia was going to take AAA's property. Pretty sure those trades wont get reversed. Can someone please confirm?

When I'm up on a stock I always move my stops up to lock in profit. I set it and change it throughout the day lol it's very emotional when it comes to taking profits. $2.20 isn't that close as the day high was $2.43 when it opened.

The thing with the venture stocks, hope for the best but prepare for the worst lol

[max_boost]

Originally posted by mr2mike


Nope, just beyond is full of ballers that never make a wrong trade according to their posts. They're all Freedom 25'ers, naturally.

haha

I just rather talk about my gainers than losers

[max_boost]

CEO of AAA was just on BNN. Going to check the site later for the video. You guys too if you are still interested in the stock.

[997TT]

Taking a shot on Hod
2200 @ 8.07

[93VR6]

Bought in to ppi just now, [email protected] fingers crossed it wont go back to 1.20 territory today or ever.

Edit: resistance for aaa at around 1.98 or so, buy?

[997TT]

Bought NKO. Looks oversold to me.
In at $79.62

[djayz]

Damn it's been so long since I've seen action on the stuff I've been holding. Unloaded so much stuff today.

TET is on a tear, sold out too early at 17.65

[mr2mike]

Originally posted by 997TT
Taking a shot on Hod
2200 @ 8.07

I'm in this too... doesn't seem as volitile as hnd, but it'll interesting to see what happens with Egypt's President to step down tonight and reading OPEC raising oil output because of the $100 oil.

[Seanith]

I'm getting fisted in the ass on HNU. Anyone have any bright outlook for NG tomorrow? I'm going to try and cut my losses but is there any potential for gains? lol