Official Short-term Investments Thread

[Red@8]

I added smf today.

[cloud7]

I am still holding some SMF... not a good two days... but it will go back up for sure in time.

[msommers]

Which SMF stock are you guys referring to? SMF.TO? With a -20% today?!

SVU took a massive hit today -47%!

[Red@8]

Originally posted by msommers
Which SMF stock are you guys referring to? SMF.TO? With a -20% today?!

Yup thats the one - Semafo

[dawerks]

I'm a market optimist. But I make a totally random, off the cuff, stupid, without data call;

Ready?

I think the market tanks a FULL 1000 points from now to say November. So, 11500 now to 10500 we're headed for in less than 4 months.

Part 2;

After we hit 10,500 we shoot to 12K, no wait, 12500!

Ok, anyone wanna play this stupid fun game?

[Feruk]

Thoughts on seasonality play on Potash Corp and Agrium? I'm thinking about jumping into both.

[msommers]

David, whatever happened to your market blog? Get axed for not sponsoring or something? PM me the link, liked reading over it.

Been taking a really close look at TLM and WPX recently.

[Meback]

Originally posted by Feruk
Thoughts on seasonality play on Potash Corp and Agrium? I'm thinking about jumping into both.

I m thinking the same, but I wished i had the balls to buy it when POT.To was around the 40 mark, missed some upside, dont know how much more it can go up from here.

[KappaSigma]

Pretty crazy to see Nexen bought out by CNOOC.

[997TT]

^ Should've kept those shares from my 5 yrs as a employee. Haha.

[ZenOps]

Nexen is an all cash deal? Baller.

Nexen up 51% on opening bell, yowza.

[cloud7]

I guess I should have bought some despite what all the experts have said. However, even if I did buy some, I probably wouldn't buy anymore than a few thousand dollars worth, so really no big loss...

[davidI]

Originally posted by msommers
David, whatever happened to your market blog? Get axed for not sponsoring or something? PM me the link, liked reading over it.

Been taking a really close look at TLM and WPX recently.

sorry - just been really busy with work and traveling.

My focus was always energy and resource stocks have taken a bit of a shit kicking so I haven't been doing my trading lately. I will try to get some updates soon though.

NuVista sure picked up so I'm happy I held it. Just hoping for the takeover now.

I work for Nexen so today was a huge pay day for me. Time to start looking at property in Indonesia!

[e36bmw///]

nb

[Meback]

Anyone out there have any opinons on tck.b?

[davidI]

Originally posted by e36bmw///
will this deal go through?

My bet is yes. My dissertation subject was on Foreign M&A in Canada's energy sector and there doesn't seem to be any reason why the Conservatives would reject it (unless there is huge public backlash as there was with the BHP / Potash deal - doubtful in Alberta).

[Sugarphreak]

...

[dawerks]

WHOO! CRUS!! Lighting it up after hours, doubler for me, and a bit more (well, tomorrow morning that is).

I might not even sell tomorrow, we'll see

Thank you CRUS!

OTOH, poor NVDA

[chibwack]

Originally posted by davidI


My bet is yes. My dissertation subject was on Foreign M&A in Canada's energy sector and there doesn't seem to be any reason why the Conservatives would reject it (unless there is huge public backlash as there was with the BHP / Potash deal - doubtful in Alberta).

I second this. Harper really wants to build a healthy trade relationship with China and cut our dependence on America, and this does both. Nexen's big, but its not theres a big enough pool of oil companies in Alberta that there won't be a backlash like with the potash deal. I'd be very surprised if this fell through.

[Manhattan]

What's the deal with Talisman? Profits are down and operating costs are up but stock price has been soaring. Is there a takeover rumor I don't know about?