Official Short-term Investments Thread

[sabad66]

Finally an answer on NVS. $1.18. Not quite the $2+ that was speculated from that bullshit article, but I'll take it

http://www.theglobeandmail.com/globe...cnw&slug=C9984

I wonder how long it will take to close/see the cash in our accounts?

[themack89]

Originally posted by sabad66
Anyone else cash in on the Nokia sale today? Was a nice surprise to wake up to

I don't think many people did.

You would have had to buy in a very short time frame to make money on that, like between April 2012 and yesterday or during the 90's. Even then, having the stomach to hold it as it dropped to reeeaallly low levels.

So, if you did make bank on it... Then you should be jumping for joy even more than you already are. I couldn't have done it.

[Feruk]

Originally posted by sabad66
Finally an answer on NVS. $1.18. Not quite the $2+ that was speculated from that bullshit article, but I'll take it

http://www.theglobeandmail.com/globe...amp;slug=C9984

I wonder how long it will take to close/see the cash in our accounts?

It won't close till end of December as per press release. Why bother holding it? Buy on speculation, sell on news. If it gets to $1.15 tomorrow, I'm out. Very disappointing deal. Company has been nothing but a value trap for years despite pretty decent assets, and can't even get sold for 1P value.

[davidI]

Originally posted by Feruk

It won't close till end of December as per press release. Why bother holding it? Buy on speculation, sell on news. If it gets to $1.15 tomorrow, I'm out. Very disappointing deal. Company has been nothing but a value trap for years despite pretty decent assets, and can't even get sold for 1P value.

I'm disappointed as I held a decent position at an average cost below $.80 for quite a while in my TFSA and eventually had to get rid of it at a slight loss since I was going non-resident. Would have been a nice ~50% tax free gain if I'd been able to hold!

[davidI]

edit: double post.

[msommers]

My bid/ask for NVS.V says 0.95 still @7:10am. @8:04am it's 1.10.

Anyways what happened to UBNT? I sold it at 37.xx thankfully but it's way down now. Haven't heard any news, what's causing it?

[roopi]

Originally posted by Feruk

It won't close till end of December as per press release. Why bother holding it? Buy on speculation, sell on news. If it gets to $1.15 tomorrow, I'm out. Very disappointing deal. Company has been nothing but a value trap for years despite pretty decent assets, and can't even get sold for 1P value.

Too much money tied up for too long on this one for me as well for $1.18. I was looking for $1.40. Not going to complain about a profit though. On to the next one.

[Rat Fink]

.

[AudiPWR]

Just picked up a shit load of PetroAmerica PTA.V.

I have a good feeling this stock is going to be a 4-5 banger within the next couple of months..

Volume went from 200k to 1.3mil in a day..

[quick_scar]

Originally posted by msommers

Anyways what happened to UBNT? I sold it at 37.xx thankfully but it's way down now. Haven't heard any news, what's causing it?

Lockup expired. Bunch of employees cashing in. I sold before I went on vacation in case there was some correction after the initial jump.

The company should be trading around where it is ($33-$34). If they come out with any good supply chain news, expect another jump.

[liquid1010]

Anyone notice the massive open interest for PUT options on TSLA? For Dec 21 expiries @ $60, and for Jan 18 @$40

Bear Spread.....

[Akumaz]

TBE? whats going on with them?
why such huge volume and upswing all of a sudden?

[icky2unk]

http://podcast.newswire.ca/media/twinbutte20130910.mp3

Presentation yesterday might have something to do with it.

Quick Sum:
1) dividend absolutely sustainable within cash flow
2) happy not to benefit immediately from wti being up, prefering security of hedging and expecting gradual differential improvements with Keystone XL, rail, etc.
3) Interesting discussion of how small improvements in recovery rates can strongly leverage the value of what's under the land package
4) Simple horizontal drilling is improving recovery factors, with little technical risk
5) Initial results at Wildmere appear solid

Edit:

13 cents holy crap.

[Akumaz]

Originally posted by icky2unk
http://podcast.newswire.ca/media/twinbutte20130910.mp3

Presentation yesterday might have something to do with it.

Quick Sum:
1) dividend absolutely sustainable within cash flow
2) happy not to benefit immediately from wti being up, prefering security of hedging and expecting gradual differential improvements with Keystone XL, rail, etc.
3) Interesting discussion of how small improvements in recovery rates can strongly leverage the value of what's under the land package
4) Simple horizontal drilling is improving recovery factors, with little technical risk
5) Initial results at Wildmere appear solid

i read on that presentation yesterday, though it could have had something to do with it, not sure if it caused that sudden spike

i thought maybe there was some acquisition or take over news
either way, i got out of it, for a small gain, after the last huge dip to 1.6 ish,
just glad to be out

[icky2unk]

Originally posted by Akumaz


i read on that presentation yesterday, though it could have had something to do with it, not sure if it caused that sudden spike

i thought maybe there was some acquisition or take over news
either way, i got out of it, for a small gain, after the last huge dip to 1.6 ish,
just glad to be out

I think they just reaffirmed they are okay. Which is fine in my books.

Company is back on it's way up.

[AudiPWR]

Whats everyones current porfolios looking like?

I got;

BMO - Bank Of Montreal
SU - Suncor
CNE - Canacol
TAO - TAG OIL (Selling very soon)
PTA.V - PetroAmerica
SGY - Surge Energy
COP - ConocoPhillips
TOU - Tourmaline
MFC.PR.E - Manulife Financial
TCA.PR.X - TransCanada
TBE - Twin Butte
PPY - Painted Pony

Currently up 180% overall.

You can tell I'm quite bullish on energy...

[PeterGTiR]

How do we feel about TTWO on Monday?

They're releasing Grand Theft Auto V on Tuesday and they can only recognize revenues once they deliver the product. Or is there a consensus that the increased revenues are already built into the share price?

[oogaboogie]

I got:

NCI - NTG Clarity Networks Inc
CVN - Cavan Ventures Inc
DAP.U - XPEL Technologies Corp
ZMS - Zecotek Photonics Inc

All on the TSX Venture exchange

[Sugarphreak]

...

[icky2unk]

Originally posted by AudiPWR
Whats everyones current porfolios looking like?

I got;

BMO - Bank Of Montreal
SU - Suncor
CNE - Canacol
TAO - TAG OIL (Selling very soon)
PTA.V - PetroAmerica
SGY - Surge Energy
COP - ConocoPhillips
TOU - Tourmaline
MFC.PR.E - Manulife Financial
TCA.PR.X - TransCanada
TBE - Twin Butte
PPY - Painted Pony

Currently up 180% overall.

You can tell I'm quite bullish on energy...

I've got a couple of yours hah.

Currently:
TBE - Twin Butte
TOU - Tourmaline
WCP - Whitecap Resources
LW - Leisureworld (Random pick)
VCP - Vanguard S&P 500
KEY - KEYera
AXY - Alterra Power

Looking Into:
AD - Alaris Royalty Corp
ALA - Altagas