Official Short-term Investments Thread

[zhao]

I'm thinking of doing something pretty risky tomorrow. I'm going to dump a company I know is going up, for a company i think is going up :/.

My plan tomorrow is if TV breaks 1.60 and HS remains the same or goes down, i'll likely be dumping TV and trying to buy another 200k shares of HS.


As for the next week, whenever my rrsp contribution hits my trading account i'll probably double down on blgv if its around 12-14, throw 5g at dash for shits and giggles, and who knows with the rest, but i may throw 10g at pony again. There seems to be some good news about future AECO pricing, and q4 isn't too far away where I expect it to jump back up.

thats my plan as of today for the next week anyway, which changes almost daily at things go up and down lol.

[SilverRex]

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Hive.to

while we have 5 waves up and 3 waves down and it could easily be ready to make a wave 3 move from here, I am being mindful of that gap just under 3.00 and it could very easily give us another 5 waves down for a deeper correction. I will do nothing here but will add if it get under 3.00

added some more shares under 3.00

[SilverRex]

Gold

initially gold broke the h&s neckline and looks poised for a good correction after the recent runup. However it quickly recovered and now the verdict is still out. if gold breaks over 1362, then I will expect higher highs to come.

has gold entered a phase where every dip is a buy? feels like it.

[zhao]

i sold about 1/3rd of tv at 1.59 and have the rest seeing if tv breaks 1.62 to sell today.

i bought 85k more of hs at .185. If tv sells and i can get HS cheaper than .185 i'll likely buy more as planned.


HS just announced some news too this morning; doesn't amount to too much at the moment but its positive. More confirmation they're dabbling in MJ management software. Their blockchain plan will be released shortly too apparently.

https://ceo.ca/@newswire/healthspace...decentralizing

i'm hoping it pops off close to around 30 cents or so when they release some significant news next.

[SilverRex]

Icon

we got our wave b higher (talk about a bull trap), now wave c underway. looking to double up my position if it can reach down to the 1.35 area

[SilverRex]

USAS (or usa.to)

Another attempt for the breakout. the last dip was nice for me as I was able to further strengthen my position (my top holding silver miner)

it has all the bullish implication for a least a 100% return from current levels. ih&s, cup pattern even EW 1-2, (1-2,1-2)

[Disoblige]

Come on gold! Make a decision!

[SilverRex]

nice Trump open his big mouth saying the US dollar will get stronger...and this is how the market reacts lol

[SilverRex]

Its amazing how one person's opinion can move the market like this.

Gold has now morphed into a flag channel. we will now see if the sharp reversal in the US dollar is a head fake or not. Gold is due for a good size correction (if you based on how weak the miners has been performing)

[Disoblige]

Thanks Trump...

[SilverRex]

if I have my conspiracy hat on, I would say this was done intentionally for shorts to get out before a massive rally that lies ahead. up until this point gold refused to correct. we will see how the rest of the week goes. for now I expect 1344 to act as support. anything lower than 1325 would paint a very bearish picture. holding pad, and doing nothing.

[KO22]

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I'm thinking of doing something pretty risky tomorrow. I'm going to dump a company I know is going up, for a company i think is going up :/.

My plan tomorrow is if TV breaks 1.60 and HS remains the same or goes down, i'll likely be dumping TV and trying to buy another 200k shares of HS.


As for the next week, whenever my rrsp contribution hits my trading account i'll probably double down on blgv if its around 12-14, throw 5g at dash for shits and giggles, and who knows with the rest, but i may throw 10g at pony again. There seems to be some good news about future AECO pricing, and q4 isn't too far away where I expect it to jump back up.

thats my plan as of today for the next week anyway, which changes almost daily at things go up and down lol.

Hope you did on pony!

[zhao]

Not yet, cibc is a total snoozefest on moving money in to a RRSP trading account from a rrsp savings account , so looks like it wont show up until next week. Pony likes to surprise everyone and go down to new lows, but its really looking good that 2.05ish was the bottom for awhile. I think it will hold above that level until q4 financials are posted, although this summer may be scary for that stock.


HS had some shitty price manipulation today too. Instinet was doing constant robo selling at the end of day with garbage amounts to lower the close by a penny for yet another day:

Instinet BMO Nesbitt 0.180 5,000 $900 13:59
Instinet RBC 0.180 500 $90 13:59
Instinet RBC 0.180 20,000 $3,600 13:59
Instinet TD Sec 0.180 8,500 $1,530 13:59
Instinet Qtrade 0.180 11,000 $1,980 13:59
Instinet TD Sec 0.185 4,000 $740 13:59
Instinet TD Sec 0.185 6,000 $1,110 13:59
Instinet TD Sec 0.185 29,000 $5,365 13:57
Instinet TD Sec 0.185 1,000 $185 13:57
Instinet Scotia 0.185 5,000 $925 13:55
Instinet TD Sec 0.185 4,000 $740 13:52
Instinet TD Sec 0.185 6,000 $1,110 13:52

Not too worried as the stock lately has been having low volume on asks and strong bid walls most days. The strong ask walls have been fairly high too in the mid 20s.

I sold more tv at 1.63, HS didn't fill my bid at 18 in the afternoon when i tried to buy some more so tomorrow i'll be seeing what looks good to buy (dash is down again, so it might be that), and depending what tv and HS do tomorrow I may sell the rest of tv and move that in to HS. I'm thinking thx to that price manipulation HS might hit 17.x tomorrow again.

[SilverRex]

GOLD

Still in a healthy rising channel. 1344 backtested acting as a good support for now. so far gold only has 3 waves down, this drop could been still seen as just corrective. the bounce off 1344 is also looks like 5 waves up. I think as long as gold does not close below 1344 on the daily basis, looking at a slow grind back up over the next few days then breakout again

[SilverRex]

US Dollar

after the dollar breaking down from the massive sloping multi-year neckline, it appears a backtest is in progress. the initial jump yesterday also only looks like 3 waves up. so if it does not roll over immediately, I can imagine another wave higher then the drop resumes.

I guess what this means is to look for an opportunity somewhere in the PM to add to one's position for the next leg up

[SilverRex]

GDX

rising parallel channel? until it breaks down from this channel, I am still leaning towards an uber bullish count to the upside. we had a running flat which gave us wave (II) then wave 1 of 3 of 3 and now 2 of 3 of 3.

alt count (orange) the top yesterday was part of a wave b of (II) and now c of (II) is underway targeting 23-23.5. From both scenario, the trend is still up. the only question is, do we get a steeper pull back or not.

I want to lean towards the no answer because if gold/PM is to make a huge move up, usually (similar to 2016) it doesnt give you must chance to get in and this keeps the bullish momentum and count going for me anyways.

[VWEvo]

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Not yet, cibc is a total snoozefest on moving money in to a RRSP trading account from a rrsp savings account , so looks like it wont show up until next week. Pony likes to surprise everyone and go down to new lows, but its really looking good that 2.05ish was the bottom for awhile. I think it will hold above that level until q4 financials are posted, although this summer may be scary for that stock.


HS had some shitty price manipulation today too. Instinet was doing constant robo selling at the end of day with garbage amounts to lower the close by a penny for yet another day:

Instinet BMO Nesbitt 0.180 5,000 $900 13:59
Instinet RBC 0.180 500 $90 13:59
Instinet RBC 0.180 20,000 $3,600 13:59
Instinet TD Sec 0.180 8,500 $1,530 13:59
Instinet Qtrade 0.180 11,000 $1,980 13:59
Instinet TD Sec 0.185 4,000 $740 13:59
Instinet TD Sec 0.185 6,000 $1,110 13:59
Instinet TD Sec 0.185 29,000 $5,365 13:57
Instinet TD Sec 0.185 1,000 $185 13:57
Instinet Scotia 0.185 5,000 $925 13:55
Instinet TD Sec 0.185 4,000 $740 13:52
Instinet TD Sec 0.185 6,000 $1,110 13:52

Not too worried as the stock lately has been having low volume on asks and strong bid walls most days. The strong ask walls have been fairly high too in the mid 20s.

I sold more tv at 1.63, HS didn't fill my bid at 18 in the afternoon when i tried to buy some more so tomorrow i'll be seeing what looks good to buy (dash is down again, so it might be that), and depending what tv and HS do tomorrow I may sell the rest of tv and move that in to HS. I'm thinking thx to that price manipulation HS might hit 17.x tomorrow again.

I'm following it closely as well. Picked up more also and will even pick up further if it drops below 0.17

[Disoblige]

I'm cutting DASH off my list at the next small pop (if it even happen). I don't really believe in it anymore.

[zhao]

So my friend that live in Toronto across from dash is apart of his neighborhood facebook group there. He says one of the guys from dash just posted on that facebook page that his company just went public on the TSX and if anyone knows any condos in the area that have theaters that can be rented to do a presentation.

We were joking this morning that sounds like an amway style 'buy in to my pyramid scheme so I can get out with all my money' mutlilevel marketing plan. Although joking aside, i guess with a stock that small it doesn't take a lot of people investing to move it.

But then its also down a lot today, and I dont really want to try and catch that falling knife now. I think now if it starts stagnating for movement i might be interested in it.

[SilverRex]

ICON has hit the lower part of my buy zone. sold DASH and dumped into ICON as well as added more Hive