Official Short-term Investments Thread

[997TT]

there goes ADI... too bad i sold yesterday like a puss and didn't follow thru on my target. lol

[Zewind]

My friend just let me know that CRJ was halted.


Well find out tomorrow if Im rich or not

[bitteeinbit]

Originally posted by 997TT
added a position of GPR at $3.91 just now.

of course as i type this is it now 3.88...haha

Yeah, I'm down like 7% on GPR, dangerously close to my stop loss. I bought 2 days before the bought financing deal. It went up 10% the day after I bought (obviously should have sold, but I didn't have much in), then went down because of the deal. I think it'll go back up, the market is just adjusting for shares being diluted and the lower price they were awarded. I don't have much in so once it starts back up I'll quickly add to the position, but if it reaches my stop... I've promised myself never to move my stops around so that'll be that.

Bought some International Forest Products today thinking it was a sure buy, a bought financing having happened 2 weeks back or so and prices stabilized around 7$ for a while now but by the end of the day it crashed down 2.7%... Once more I luckily don't have too much in so I might add if things look better. Still, I should stay away from companies that get bought deal financing (this one actually raised the prices however).

On a good note, I added twice to NPR.UN just at the right moments and AAV gained today, hopefully it builds up a bit of steam and breaks above the previous high within the next few days. If it breaks out nicely I'll probably hold for a few weeks to see how things go.

[Hi-Psi]

What is the point in setting such a tight stop loss? 10% really is nothing, a stock can very easily drop 10% and rebound seconds later.

[fluid]

do you guys think its a little late to jump in on some silver? already close to 40 now

slw seems to be stuck at 45.74, down from here maybe up

[997TT]

i own a lot of SLW and am not sure where it goes from here.

sold a June 50 call... 4% premium with another 18% upside...this was last week.

I am in the camp that SLW hits $50 before it hits $40 ...but who knows.

i am looking at smaller plays like GPR, IPT and others for daytrading.

[fluid]

thx 997, im in oil uuu and just got my eyes peeled for setups on anything lol

[SilverRex]

NG need close above 4.20 to confirm end correction

[997TT]

Adi

bidding IPT... see if my order fills

[DUBBED]

Love HVU, any bad news this thing bumps +5%, up this morning on the aftershock in Japan.

[TheRealTimHorton]

Originally posted by 997TT
i own a lot of SLW and am not sure where it goes from here.

sold a June 50 call... 4% premium with another 18% upside...this was last week.

I am in the camp that SLW hits $50 before it hits $40 ...but who knows.

i am looking at smaller plays like GPR, IPT and others for daytrading.

You will be just fine. SLW Is epic stock and epic business.

[SilverRex]

Originally posted by TheRealTimHorton


You will be just fine. SLW Is epic stock and epic business.

Agreed, TA is pointing to silver hitting 50 dollars and gold to 158x on the next rise. (then we should see bigger correction) which will setup nicely for one big rush to 2000 gold and 100 silver (potentially) for the winter

[max_boost]

Originally posted by TheRealTimHorton


You will be just fine. SLW Is epic stock and epic business.

[e36bmw///]

nm

[TheRealTimHorton]

Woot!

I closed my long on the USD/JPY for over 400pip gain. Only closed it temporarily, probably for 2 hours. Will wait for Japanese markets to open, looking for a big tank cause of the new earthquake, then will rebuy.

*Edit. No tank! Re-entered same level

[bitteeinbit]

Originally posted by Hi-Psi
What is the point in setting such a tight stop loss? 10% really is nothing, a stock can very easily drop 10% and rebound seconds later.

Well I used to do that but recently got burned bad by CLQ. I've now got money stuck in there perhaps for a very long time, down 30%+ so forgive me for extra being cautious, haha.

What are people's opinion on copper? My friend has made a killing (twice) in Western Copper. I've heard many analysts say there might be a shortage in 2012. Will prices keep rising? I'm looking at Copper Mountain or Western Copper, but they've both had good runs already so I'm open to other options. I figure prices will probably keep rising as China is hungry as fuck, but I'm unsure about potential short-term corrections. Rex? Others?

IFP.A up almost 3% today , but AAV is still playing games on me...

[TheRealTimHorton]

Originally posted by bitteeinbit

Well I used to do that but recently got burned bad by CLQ. I've now got money stuck in there perhaps for a very long time, down 30%+ so forgive me for extra being cautious, haha.

What are people's opinion on copper? My friend has made a killing (twice) in Western Copper. I've heard many analysts say there might be a shortage in 2012. Will prices keep rising? I'm looking at Copper Mountain or Western Copper, but they've both had good runs already so I'm open to other options. I figure prices will probably keep rising as China is hungry as fuck, but I'm unsure about potential short-term corrections. Rex? Others?

IFP.A up almost 3% today , but AAV is still playing games on me...

Long copper is a good trade. On commodity plays like that its fairly safe to ride the shoulders of giants. Speculators and hedgers and economy will keep pushing prices up like a game of hot potato, just be ready to bail when things go sour and don't over leverage. Same with oil.

[SilverRex]

Silver broke 40 dollars (target remains at 50)

NG should rebound based on 10/20 EMA near cross over but I believe it will reopen for a new leg up, I do not see NG dipping below 3.9, anything under 4.20 is a wicked bargin

Oil hit 111+ still looking for a wave III reach to 126 this year.

Dollar index continue to sink, looking to remain weak until mid june, then anything can happen after.

market should continue to find strength until June.

[s_havinga]

Exited HND this morning for a 10% profit, Entered HNU hoping to ride out an up swing

[997TT]

wow...my CLL shares from $1.50 are finally in the money. haha...this is proof even retards can make money given the right environment.

Man i played that stock like shit... lol...but here i am up $470 at 1.57 x $1.58. Thank you middle east to jacking up oil prices.

GPR now moving...still underperforming relative to move in silver but I think it has a lot more upside. Anything under $4 is a bargain imo.